Melody Market in Five Points Is Closing After One Year in Business

  • 📰 denverwestword
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 61%

United States News News

United States United States Latest News,United States United States Headlines

Owner LaSheita Sayer says issues with the building and the closure of nearby businesses has led to exorbitant expenses and decreased foot traffic.

After just a year in business, the Five Points bodega-like grocerat 2590 North Washington Street will be closing its doors by the end of January. Owner LaSheita Sayer says issues with her building and closures of nearby businesses has led to exorbitant expenses and not enough foot traffic for the market to stay in business.

"People would come in so grateful they didn't have to go to Safeway," she notes."We have all these little unique items requested by the community. That's the value I can bring as a neighborhood market." The store has also faced a number of challenges with the physical space. In August, a storefront window was broken, and there have been a half-dozen leaks from the ceiling. The broken window, which Sayer says took four months to repair, led to increased utilities bills. "Do you know how many candy bars I have to sell to make up $3,000 in additional utility expenses?" she asks.

Sayer says she did send monthly checks for the original amount of the lease, but that Hope Communities returned them."I really needed my landlord to be more supportive," she says. "I wasn't expecting to make loads of money, but we could never break even."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 315. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news today: Dow dives 400 points as Goldman Sachs missesUS stocks close mixed as Dow dives nearly 400 points on weak Goldman Sachs earnings ManhasnoHandle UmarZubyr No one is too big to fail
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock Market News Today: Dow Loses Over 600 Points On Inflation, Retail DataThe Dow dropped more than 600 points as new data raised concerns about economic growth. Treasury yields fell sharply. I thought too much growth was the problem last year 🤔 Democrats destroying our economy 😢 dow jones is over inflated balloon
Source: WSJ - 🏆 98. / 63 Read more »

STOCK MARKET NEWS: Dow drops over 600 points, Microsoft, Amazon layoffs, retail sales slideAmazon and Microsoft step up layoffs, Davos organizers slam Elon Musk, mixed data on producer prices and retail sales. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Not a great week so far... Let them all tank.... they should feel what they have done to the Citizens. Thats the Fed’s plan
Source: FoxBusiness - 🏆 458. / 53 Read more »

Schaumburg Towers back on the market five years after $86.7 million purchaseIconic Schaumburg Towers -- former home of ZurichNA & current headquarters of Paylocity RSMUSLLP & allyfinancial -- is back on the market
Source: dailyherald - 🏆 317. / 59 Read more »

2023 will be like 1967's 'roaring bull market': Billionaire investorFisher Investments founder Ken Fisher forecasts that the U.S. stock market is on the verge of a roaring bull market, citing similarities to 1967's market conditions. How is it possible with declining home prices home builders down graded retail sales down interest rates up and banks missing Fox=clickbait
Source: FoxBusiness - 🏆 458. / 53 Read more »