Boutiques and other small shops are closing like mad on Montana Avenue and on West 3rd Street, Melrose Avenue and Robertson Boulevard, the L.A. Business Journal observes in a front-page (free) story in this week's issue. On Montana, "about 30 shops have 'sale' signs in their windows...[and] an additional 31 boutiques have closed or are closing." I couldn't help but notice the empty windows over the weekend on 3rd Street, where The Cook's Library is closing at the end of April — store after store vacated despite the foot traffic generated by a few hot spots like Joan's on Third, where my lunch partners spotted Joan Didion. Maggie Gyllenhaal and Peter Sarsgaard also were observed browsing leisurely over Italy guides at Traveler's Bookcase.
Economy
Bad news on shopping streets
More by Kevin Roderick:
Standing up to Harvey WeinsteinThe Media
LA Times gets a top editor with nothing but questions
LA Observed Notes: Harvey Weinstein stripped bare
LA Observed Notes: Photos of the homeless, photos that found homes
Recent Economy stories on LA Observed:
RV encampment on Tujunga Avenue in North HollywoodSanta Monica cracks down hard on Airbnb units as a business
Michael Milken pitches Latinos as economic force (video)
Doug Kriegel returning to air as a drive-by economist
Junior's Deli can't face rent hike, will close within days
Port deal reached, at least tentatively
San Bernardino to seek bankruptcy, joining the trend
Federal judge in LA files for Chapter 7 bankruptcy