RENO, Nev. (COLO) – Business owners who recently left the Reno Public Market say they were forced out by the property's high rents.
Sara Reynosa, owner of Fuego Street Tacos, said that when she raised her concerns with RPM management here, she was told that the business was being mismanaged. She says that's not the case.
Reynosa said, “The rent is too high and I can no longer make ends meet, so I'm moving out.'' “We're here 24/7. We've laid off staff. We're finding and shopping the best deals on groceries. We're doing everything we can to keep costs down. ”
Reynosa said RPM management's suggestion was to raise prices so her company could pay the rent.
RPM issued a statement today in response to business owners who have announced they are exiting or closing their businesses. “The reality in retail, restaurant and hospitality is that retailer sales are part of a normal, even healthy, business cycle as consumers grow.” clarify what is being done. This is especially true for food halls, where retailers may experiment with new concepts or convert food trucks into venues like the Reno Public Market. While it is never our desired outcome for a tenant to choose to leave, we understand that not all businesses are suitable and as business owners we respect the tenant's decision. Masu.
What our customers, locals and tourists alike, want from their dining, shopping and entertainment experiences continues to evolve, and we are excited to see what new experiences and services we are introducing at RPM to meet those needs. We regularly evaluate our ability to do so. We conduct strong and ongoing marketing efforts to support our franchisees and drive traffic to our properties.
We wish all our vendors, past and present, the best of success. Out of respect for our merchants, we do not publicly comment on the details of individual businesses.
To all the businesses who have partnered with us and who have chosen to join us, to make Reno Public Market the best place to eat, drink, shop, and discover. We are deeply grateful to all the companies involved. ”
Reno Public Market opened last year at S. Virginia Street and Plum Lane.
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