The closing of stores and rumors of an remodeling or redevelopment of a Glendale Boulevard strip mall in Silver Lake have left the staff at the 20 Video DVD shop fielding numerous questions from customers about the fate of the shopping center. There were so many inquiries that the staff taped a notice to the front counter providing the most recent update. Now, there is another notice at 20 Video, this one in the form of a bright yellow and red “Store Closing Sale” banner that was hung over the store entrance on Monday. That’s when the employees discovered that their store was closing and their own jobs were up in the air. The video shop, which has operated next to the Ralphs supermarket for about 15 years, will become the third store in the shopping center to close in recent months as leases are not renewed amid talk and rumors, ranging from an extensive remodeling of the center to the construction of a new complex.
“We are all looking for work now,” said Joanie Stevenson, one of five employees at the 20 Video. “In this economy, we do not need surprises like the one the five of us are getting right now.”
The video and DVD rental business is far from booming but that was not the reason the store was forced to close, employees said. The owner decided to close the store after being unable to find out if the shopping center management would extend his lease on a month-to-month basis, Stevenson said. The owner of 20 Video was not available for comment.
Many of the other tenants in the shopping center on Glendale Boulevard near Fletcher Drive are in the same situation after they were informed that leases would not be renewed after expiring this year. For example, barber Tony Cornejo, whose shop has operated in the shopping center for about 30 years, has purchased another barbershop in Cypress Park and plans to be out of the Silver Lake location in September.
20 Video DVD is scheduled to close in the first week of May, according to one employee.
“I don’t know what’s going to happen with these businesses because of the lack of respect from the [shopping center] owners in communicating and having a sense of transparency with all this stuff,” said Stevenson.
Neither Western Realty, which manages the center, or Ralphs supermarket have returned phone calls and emails seeking comment.
- Longtime shop owners prepare for Silver Lake shopping center shake up. The Eastsider