If you live in the Greater Philadelphia area, you have heard of the Reading Terminal Market. The Market has been since the late 1800’s and is a historic landmark for Philadelphia, and has impacted the lives of many people in the area. The Market is a gem for the city and they have over 100 vendors that are involved in the business. Ever since Covid-19 has been present in the country, the Market has not been getting as much business as they normally do. This is because The Market is no longer underground on the old train tracks, they have moved the vendors onto the streets to accommodate safety guidelines for Covid-19. This has caused the Market to already limit the amount of space to give to each individual vendor. The pandemic has made many businesses suffer and the Reading Terminal Market is one that was affected heavily. The business has not been getting much revenue coming in, so they were forced to start a Gofundme page to grab the attention and help from loyal customers.
Staying Open During the U.S’s Lockdown
Starting March of 2020, life became very different. Covid-19 has been very hurtful to many business owners, especially small businesses owners. The Reading Terminal Market is owned by many small “Mom and Pop” vendors. The Market knew that due to quarantine and the new safety regulations for Covid, that they would not be getting as much business as they usually would. The company decided to stay open during quarantine because they wanted to be there for their struggling customers. This was great for the customers that attended the market, but not all of the regulars could come. This massively affected the companies’ income and they lost a lot of money. This led to them relying on their caring customers to keep them open until they can get full income like they regularly do before the pandemic. The Reading Terminal Markets main source of revenue comes from tourists all across the country. Ever since the country went on lockdown, the company has lost thousands of dollars that they would regularly be getting.Â
The Reading Terminal Market is a beloved treasure of Philadelphia and to people across the country. The revenue coming into the businesses has not been this low since the Great Depression. Help keep the landmark open by donating to the Gofundme page to help the business reach their goal of 250,000 dollars. They stayed open for you during your rough times, now it is time to give back!