Roughly six months ago, a business bust sent a ripple effect across the San Antonio small business market overnight, crushing the hearts of booth owners in a booming shopping center. But after Painted Treed folded, the short-lived CEO of the company rallied together market owners to revitalize the shop under a new name, and Collective Boutiques is taking over the same shop with a very similar business plan.
In April, Painted Tree sent an email to all its vendors across more than 60 stores, including the San Antonio location that boasted “hundreds of shops under one roof.” In an email obtained by MySA, the company confirmed it would no longer conduct sales at any of its locations, including 16 in Texas.
“I’m so sad to hear this,” one customer, Denise, responded to the news. “My pug and I enjoyed walking around at the San Antonio and Austin location. I’m so sorry to all the vendors and staff.”…