Business owners at Reno Public Market have recently announced their departure, citing the high rent as their primary reason for leaving. Despite her efforts to cut costs by working long hours, reducing staff, and seeking out more affordable food sources, Sarah Reynosa, owner of Fuego Street Tacos, was advised by RPM management to increase prices in order to cover the rent. In response to business owners leaving or closing down, RPM released a statement acknowledging that turnover in merchants is a normal part of the business cycle, especially in a diverse marketplace like a food hall. They emphasized the importance of meeting consumer needs and the evolution of dining, shopping, and entertainment experiences. RPM stated that they are constantly evaluating new offerings to attract customers and support their merchants through marketing efforts. The statement from RPM also expressed gratitude to all businesses, past and present, for their contributions to making Reno Public Market a destination for dining, shopping and entertainment. While they do not comment on individual businesses publicly, they are committed to fostering a vibrant and dynamic marketplace for both customers and merchants. Reno Public Market opened its doors last year at the intersection of S. Virginia Street and Plumb Lane.
Reno Public Market Acknowledges High Rent and Business Turnover as Reasons for Owners Leaving
