CHICAGO (WBBM NEWSRADIO) -- It's a traumatic time for many small businesses.
Mom and pop shops say without help soon, their businesses will be gone for good.
Roy Surdej, founder of Peaches Boutique at 5915 S Archer Ave. in Garfield Ridge near Midway Airport, joined the WBBM Noon Business Hour to discuss the challenges faced by the Southwest Side retailer in the face of the pandemic.
"It is devastating," Surdej said of the shutdown. "It hit us at the peak of the season when the revenues were going to be at the highest."
Peaches, which has been closed since March 22 under the stay-at-home order, is considered the largest dress shop in the world but with canceled proms, postponed quinceñearas and weddings at an all-time low, the small business has lost 98% of its revenue.
"If something does not happen soon, it's going to be a domino effect — from the producer that makes the raw material to the manufacturer who makes it to the distributor and the wholesaler to the retailer, to the real estate owner who owns the property, (and) to the consumer," the owner said. "If something does not happen, there is going to be a really bad situation in the future."