96.5 F
San Fernando
Friday, Apr 19, 2024

Economy forcing more Valley businesses to close

Click photo to enlargeSigns advertise space for lease at a plaza in Encino. (Evan Yee/Staff Photographer) & #356;1 & #357;Call it the trickle-nowhere effect. Plunging home values and soaring consumer prices that are squeezing the cash flow of consumers have put a stranglehold on many local businesses. The evidence can been seen in the profusion of for-lease signs on Ventura Boulevard storefronts and, in many of the surviving shops, a distinct imbalance between customers and merchandise. For the full story visit www.dailynews.com/ci_9916558

Featured Articles

Related Articles