A small business in the Wesley Chapel shipping container mall Krate at the Grove is closing.
All Good Things Gifts announced Monday that it would close its storefront due to an unexpected downturn in sales this summer.
Owners of the gift shop, known for its Tampa-themed items, said it had to dip into its savings to cover operational costs such as rent and payroll, which was becoming more unsustainable.
“In the wake of a challenging summer of slow sales, we decided to take our exit and close the storefront,” All Good Things Gifts said in an Instagram post. “It has been a very sad and hard decision to make, but sometimes the best business decision is seeing when to get out.”
The storefront will stay open until the end of January next year, owner Nickole Davis said. But All Good Things Gifts will still sell products online and offer custom laser prints.
The store opened in summer 2022 with the debut of Krate at the Grove. All Good Things Gifts sold items catering to the booming population north of Tampa, such as hats printed with the 813 area code or wine tumblers that said “Real Housewives of Wesley Chapel.”
But like many small businesses in the Tampa Bay area, All Good Things Gifts struggled with a bigger-than-expected dip during the summertime. Local business owners have noticed consumers pulling back on spending due to high inflation, plus stores are facing higher costs. Now some owners are hoping the holiday shopping season can help make up for their losses.
Meanwhile, All Good Things Gifts will spend the holiday season trying to empty its inventory. The store will have a liquidation sale between 20% to 60% off for all items in the store.
“Our journey at KRATE at the Grove has been a dream, and it is truly disheartening to see this chapter come to an end. We are immensely grateful for the support we received from our customers and the KRATE at the Grove community,” Davis said in a statement.