Looting devastates businesses already shaken by virus

NEW YORK (AP) — Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus out break.

$long with big chain stores like Target, :algreen and Macy’s, inde pendent retailers in neighborhoods and downtown sections were targets of vandals and looters who struck as police mobilized to contain large demonstrations over the killing of *eorge )loyd in Minneapolis.

Many businesses had been closed by state and local govern ment orders as officials tried to con tain the spread of the coronavirus, leaving owners with little or no revenue since March. Now, already facing an uncertain future amid on going restrictions related to the vi rus, owners must figure out how to rebuild or relocate their companies.

2ver three nights, $hmed Muhumud’s Minneapolis optician shop was vandalized, looted and burned, leaving Midtown Eye &are in ruins. The store was just getting back to business after having been shut since mid March by the virus outbreak.

“This has been a difficult couple of months, and now with the pro testers and everything that followed — it’s very difficult,” Muhumud said.

He’s trying to figure out what to do next the building, which may not be salvageable, is in a hard hit area with many minority owned businesses that were also looted and burned.

“:e don’t know where to move,” Muhumud said.

Small businesses employ nearly 60 million people, or nearly half the 8.S. workforce. Since the corona virus brought the 8.S. economy to a virtual standstill, the government has loaned businesses hundreds of billions of dollars to help them sur vive and keep their employees on staff as unemployment soars toward 20 . But some won’t make it, and bankruptcies are already on the rise.