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The owner of reclaimed and repurposed housewares and furniture store Zonal in Hayes Valley has put his business up for sale, Hayes Wire reports. It's a case of skyrocketing rents, the site reports, despite the neighborhood's ban on "formula" retail chains.
Own Russell Pritchard opened Zonal at 568 Hayes in December 1990, so he's seen the neighborhood transform dramatically. He co-founded the Hayes Valley Merchant Association, and helped draft the ban on formula retail in the hood. He tells Hayes Wire that business is good now, but he's planning ahead. In two years when his lease is up he expects the price to double, which he can't afford.
Gant Rugger opened doors in Hayes Valley recently, which ruffled the feathers of some neighbors, but the store does not fall under the formula retail category because it has less than 11 stores across the country.
· Zonal [Official Site]
· Maybe Gant is Actually Welcome in SF [Racked SF]