Independent retailers and small chains still doing well in Southern California
Independent retailers and small chains still doing well in Southern California
LOS ANGELES -- Independent retailers and small retail chains, particularly those that cater to specific ethnic demographics such as Hispanics or Asians, have managed to compete effectively against major retail chains in Southern California over the last several years and, as a whole, have been gaining market share. Several of the smaller chains have experienced impressive growth, adding several new stores each year. With the current state of the economy, the rate of growth seems to have slowed down. They are still expanding, but not as rapidly as in the past, according to Raul Ramirez Jr., a