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End of era for Scandia Bake Shop in Minneapolis
After almost 60 years of serving julebake and Oslo rye bread the Scandia Bake Shop in Minneapolis fears closure within a week due to shrinking sales and a grim holiday season. Owner Gary Arvidson notes Thanksgiving to Christmas is its main income and this year the economy soured. Economists say small businesses bear the brunt of a prolonged recession as owners cut personal pay, renegotiate leases, and seek customers online while patronage shrinks. The mood is one of fear and caution as shoppers stay away.
MENTIONED IN THIS ARTICLE
Minneapolis
Gary Arvidson
America
Raymond Keating
Small Business Survival Committee
Oakton