Last Moskatels closing

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storewanderer
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Last Moskatels closing

Post by storewanderer »

This was a SoCal craft chain Michael's bought long ago.

One store kept that branding in Los Angeles. That store is now closing.

WARN notice shows 37 employees.
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Re: Last Moskatels closing

Post by Jeff »

Haven't been in years, but Moskatels used to be the place to go before Michaels bought them out.
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Re: Last Moskatels closing

Post by ClownLoach »

LA Times article shows Michael's bought this chain in 1987 for $15 million. Michael's only had 56 stores at the time and this was their entry into California. Didn't know this location existed. I looked this up and there are fresh pictures on Google with a standard liquidator sign package, so it looks like they hired someone to do this work for them.
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Re: Last Moskatels closing

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ClownLoach wrote: December 4th, 2024, 8:11 pm LA Times article shows Michael's bought this chain in 1987 for $15 million. Michael's only had 56 stores at the time and this was their entry into California. Didn't know this location existed. I looked this up and there are fresh pictures on Google with a standard liquidator sign package, so it looks like they hired someone to do this work for them.
It looks like it operated from 6 AM to 3 PM daily (??). I am surprised Michaels ran a store like that, but given the location those hours make sense as those are the hours for the floral district.

I wish there were more interior photos. But it is such an old building... I am sure it didn't look great inside.
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Re: Last Moskatels closing

Post by Jeff »

storewanderer wrote: December 4th, 2024, 11:41 pm
ClownLoach wrote: December 4th, 2024, 8:11 pm LA Times article shows Michael's bought this chain in 1987 for $15 million. Michael's only had 56 stores at the time and this was their entry into California. Didn't know this location existed. I looked this up and there are fresh pictures on Google with a standard liquidator sign package, so it looks like they hired someone to do this work for them.
It looks like it operated from 6 AM to 3 PM daily (??). I am surprised Michaels ran a store like that, but given the location those hours make sense as those are the hours for the floral district.

I wish there were more interior photos. But it is such an old building... I am sure it didn't look great inside.
It was old and musty 20 years ago, I'm sure much didn't change.

I wouldn't be shocked if it's closing due to theft. It is in a not so good area of downtown LA.
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Re: Last Moskatels closing

Post by storewanderer »

Jeff wrote: December 5th, 2024, 7:27 pm
storewanderer wrote: December 4th, 2024, 11:41 pm
ClownLoach wrote: December 4th, 2024, 8:11 pm LA Times article shows Michael's bought this chain in 1987 for $15 million. Michael's only had 56 stores at the time and this was their entry into California. Didn't know this location existed. I looked this up and there are fresh pictures on Google with a standard liquidator sign package, so it looks like they hired someone to do this work for them.
It looks like it operated from 6 AM to 3 PM daily (??). I am surprised Michaels ran a store like that, but given the location those hours make sense as those are the hours for the floral district.

I wish there were more interior photos. But it is such an old building... I am sure it didn't look great inside.
It was old and musty 20 years ago, I'm sure much didn't change.

I wouldn't be shocked if it's closing due to theft. It is in a not so good area of downtown LA.
Mostly independent businesses in the surrounding area. It appears the hours have been 6 AM to 3 PM for quite some time, perhaps to match surrounding "flower" businesses.

It doesn't appear to sell the full Michael's merchandise mix, and looks as if it may be handling some items that typical Michael's do not carry?

I am surprised they kept a non-congruent store like this going as long as they have.
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