Categories: Business

What is causing the closure of numerous businesses on Boston’s Mass. Ave.?

Students at Berklee College of Music were surprised to see empty storefronts along Massachusetts Avenue while enjoying the weather on Tuesday. Austin Chen, who has run Berklee Noodles Factory with his family for seven years, expressed concern about the increasing cost of running a small business. He noted the closure of several businesses one by one and wondered about the impact on foot traffic.

Jon Hurst, president of the Retailers Association of Massachusetts, explained that small businesses in Boston are closing due to flat or declining sales coupled with rising costs. Factors such as high rent, inflation, insurance costs, and remote work options are making it difficult for these mom-and-pop shops to remain profitable. For example, Guitar Center, a popular store that catered to musicians like Cyrus Hayes, a Berklee College of Music senior, shut down a few months ago, leaving customers like Hayes with limited options.

To help small businesses survive, the City of Boston offers grants of up to $200,000 to cover expenses like rent, security deposits, and improvements. The Space Grant Program was launched to address the issue of vacant storefronts caused by the pandemic. Despite the challenges, Chen remains hopeful that customers will return and foot traffic will increase along Mass Ave during the slow summer months.

Chen emphasized the importance of community support, especially during times of inflation and economic strain. He encouraged people in Boston to visit his restaurant for a bowl of ramen or other dishes to help keep small businesses like his afloat.

Share
Published by

Recent Posts

King Salman of Saudi Arabia afflicted by lung infection

According to state media, Saudi King Salman is currently experiencing a lung infection. The 88-year-old…

8 seconds ago

Solved: The mystery of the location of the pyramids – built on a missing arm of the Nile

A recent discovery by an international team of researchers has shed light on the origins…

12 mins ago

Spain places crucial 25 million euro order with Vaisala

Vaisala, a measurement technology company, has announced that it has received an order from the…

13 mins ago

Dietary supplement treatment increases sensitivity to unfair offers due to influence of intestinal microbiome.

In a new study published in the scientific journal PNAS Nexus, researchers found that subjects…

19 mins ago

Cacace, boxing world champion, receives a hero’s welcome

Boxing world champion Anthony Cacace received a hero's welcome upon his return to west Belfast…

25 mins ago

Darien Parents Express Concerns Over Proposed Sports Participation Fees

High school parents in Darien are expressing their opposition to the district's plan to implement…

27 mins ago