Big Box Vs. Little Shop

American Apparel (APP) wants in on the quirky/cool Valencia Corridor, but if local residents and business owners have their way, the shiny purveyor of leopard lycra stockings will be forced to look else where.

American Apparel, which opened 80 stores last year, and saw their same store sales revenue rise over 5% last year, is trying to open its fourth store front in San Francisco, is facing stiff resistance from the locals. The community is against large chains from setting up shop in their hood, a stance they've held since 2006.

We'll keep a close eye on the happenings.



This from the blog,StopAmericanApperal.com

In 2006, San Francisco voted on added restrictions for chain stores. 2006’s Prop G can be viewed as a referendum on chain stores. It passed with 58.2% of the vote.

The vote in the Mission was overwhelmingly opposed to chain stores–between 70% and 90%!

The proposed American Apparel on Valencia is actually across the street from District 9 in District 8. But that area also voted over 80% for Prop G.

San Francisco Home Sale Up in December

December Home Sales up 20 Percent

The number of homes sold has gone up, way up.... Up nearly 20 percent from November... And traditionally December is not the best month for home sales. Relatively speaking prices are still down, but this what has to happen first before things can get better. The bottom line is, homes are selling, and thats start.