Retail Detail. The L.A. Boutique Closing Epidemic
L.A. is suffering from an epidemic of closings and downsizing which has really hit high-profile specialty boutiques. From Rodeo Drive to Melrose Avenue the economic reality has rocked merchants on some of the Los Angeles region’s best-known shopping streets. The shutdown of boutiques like Tracey Ross, which closed on New Year’s Eve after 18 years …