What happens to small businesses when big retailers shut down? | CNN Business ...Middle East

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What happens to small businesses when big retailers shut down? | CNN Business
New York CNN  —  When the AMC 24 Hamilton closed in November 2020, many local New Jersey residents may have collectively sighed or shrugged it off as another foregone casualty of the pandemic economy. But for the neighboring businesses, the theater’s absence was a tough pill to swallow. “We were down 30% or 40% (in sales),” said Jim Danay of Bock Group, which owns UNO Pizzeria & Grill in Hamilton. Danay said the UNO location has bounced back since the AMC 24 Hamilton closed, but sales still lag from when the theater was in business. The restaurant once shared a promotion in which customers could get a discount movie ticke

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