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Wednesday, July 9, 2008

Economy Hits Retailers HARD

In one of my ghost visits to South St, as Dru from Pedestrian stated when i walked into his store for the first time in months, I noticed a few nice retail spaces for rent. It has not been disclosed but there are a lot of projects in the work in the Philadelphia area. Anyway South St is the place said to be the place to go when you come to Philly, a popular shopping district that I grew bored and tired of when I worked there. Visit Jim's for a legendary cheese steak (ASS!, I prefer Ishcabibbles), get a tattoo at one of 10 tattoo parlors on each block, go drink at Fat Tuesdays, and shop until your broke. Well all the stores have fallen behind in the fashion trend. South St just isnt the same. It was even once home to DC's streetwear brand HoBo prior to my transition here in 2004. It was a location of high rent but high traffic. Sometimes not the traffic you want. The majority of the stores carry the most random, unknown selection to try and be different and the others carry the exact same thing. During my walk I noticed location after location, when it hit me. South Street is on a major downfall although they are undergoing a major image revamp. 26 retail locations have gone out of business on South Street within the year. That is roughly one in every 3 store fronts you see as you walk down. Hmmm so lets scratch the store on south street and turn this place into Adams Morgan. The place still has potential. I think I've found my calling

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