September 26, 2016

Local Business Scorecard

Times are tough, but some local businesses may be doing better than you think.  Here is a snapshot of some of what’s going on in Salt Lake City with reporting by the numbers of the business scene.

Businesses Closing (past 6 months)

Business Name #
emp
Reason for Closing Address
Hollywood Video 10 Loss of marketshare to Redbox and Netflix Both 400 South 600
East and 21st and 7th
Jeanie’s Smoke Shop 8 Tobacco taxes doubled in July 156 South State
Street
Emmigration Market 50 Loss of marketshare/profitability 1706 East 1300 South
Roberts Arts and Crafts ? Decline in business (only 3 out of 9 stores closing in Utah) 1172 Brickyard Road
Eco Motto (scooter shop) 10 Economic decline and low gas prices for 8 months 1050 South State
Street
Village Coffee 4 Didn’t attract customer base; located in new strip mall development 2704 South State
Street

Global Village

New Shops: Mony Malhi has opened Global Village just South of Pioneer Park East of Tin Angel Cafe. They feature hand crafted gifts, jewelry, artwork from Utah and all around the world.

Businesses Expanding/Moving

Business Name #
emp
Move/Expansion Address
Goldman Sachs 700
(in
SLC)
Will be moving to Main Street and expanding to 1,500 employees 222 Main Street
Salt Lake City Running Co. 20
full/
part
Moved from Highland Drive location to a slightly larger facility 700 East 2454 South
Two Dancing Cats 4 Cool and funky gifts, accessories and gourmet foods 1790 South 1100 East
Carmen Miranda’s
(Antique Shop)
2 Moved from 300 East location along with two other antique shops, because owner is selling
the building
(formerly 270 South 300
East) Now
Coffee Garden 6 Will be moving from Main Street inWeller’s to an undecided location 254 South Main St
Replicolor ? Moved from location on 300 East 850 South Richards St.
Model Citizen 2 Moved from 300 South location to
downtown SLC Library Square
210 East 400 South

.

cafe on first

New Shops: Cafe on 1st is located in the former Magpie’s Nest Gallery on first ave. The cafe features specialty coffee drinks and muffins, pastries breakfast and lunch as well as well trained baristas.

New Businesses

Business Name #
emp
Niche Address
Global Village 2 Many hand-made unique gifts, jewelry, art and new-age products from Utah and all over the world 361 West 400 South
Epic Brewery 7 Epic Brewery is finally open! Offering distinct brews at their in-store location as well as Bayou, Beerhive, Poplar Street and Smokin’ Blues in Logan. 825 South State Street
Cafe on 1st 7 Specialty coffee, breakfast and lunch
Everest Tibetan Restaurant 9 “NUage” Tibetan and Japanese cuisine. 928 East 900 South
Tropical Dreams Ice Cream ? Premium ice cream, gelato, and sorbet made with all fresh fruit imported from the islands. 928 East 900 South
Pampas Bakery 2 Argentinian Bakery, fresh rolls, baguettes and pastries daily 2148 Highland Drive
Masala 5 Delicious Indian food — fast 675 East 2100 South
Baby Bump 1 Fashionable maternity clothing 675 East 2100 South
Classics Cafe 1 New coffee shop featuring mocha and movies (on Fri & Sat nights) 509 E 300 South