Why Some Kailua Businesses Are Struggling: Hawaii News Now Sunrise
September 4, 2024
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3:23Now PlayingWhy Some Kailua Businesses Are Struggling: Hawaii News Now Sunrise
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as posted by the channelRestaurants run on thin margins, especially since the pandemic. Throw in rising rents and climbing costs — you’ve got a real problem, as reporter Stewart Yerton told Hawaii News Now Sunrise.
Word on the street in Kailua Town, where Alexander & Baldwin Inc. owns much of the real estate, is that the landlord is to blame for many of the mom-and-pops that have closed their doors. But is this narrative overly simplistic?
Stewart spoke to some of Kailua’s best-known businesses for this report on what’s going on with the local small-business scene.
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