Small businesses around the world are in trouble. Whether they survive will affect not just economies but the fabric of communities as well. In the coming months, AP’s Small Business Struggles will examine how the pandemic is impacting small businesses in a dozen locations around the world. The next in the occasional series of narrative, photo and video storytelling will move Thursday, Aug. 27.
SMALL BUSINESS STRUGGLES-ANN ARBOR: Like their counterparts in college towns across the U.S., small business owners in Ann Arbor, Michigan, are hoping for the best but bracing for the worst when students return this month. The restaurants and other retailers on South University Avenue, a hub of commerce and connection for University of Michigan students, have been hit hard financially since the COVID-19 pandemic sent tens of thousands of their customers home in mid-March. Now business owners are pivoting and praying that they can hang on long enough to still be standing when it is business as usual again. By Larry Lage. UPCOMING: 1,700 words, with abridged. With AP photos and video.
Video: Belay co-founder on how the pandemic is affecting the business (CNBC)