User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


72° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Sid's Liquor Says Goodbye After Six Decades

March 20, 2014, 6:11 PM by Sammi Bjelland

Sid's Liquor Says Goodbye After Six Decades
SIOUX FALLS, SD -

Sid's Liquor has been a downtown favorite in Sioux Falls for decades. But after some financial struggles, the business is getting ready to shut its doors forever.

Sid Epstein opened Sid's Liquor in 1947.

Over the years the store started to expand, taking over the neighboring Texaco station.

"I think it must have been a fun place for a lot of people for a lot of years. People tell stories about how they came in here when they were young, with their father usually. Then came here as adults," Sid's President Paul Damyan said. 

The good times started to slow down in 2008. The state legislature passed what's known as "the Hy-Vee Bill". It allowed big corporations to have more than two liquor licenses in the state.

Sid's president, Paul Damyan, says the store took a big hit after the Hy-Vee bill passed.

"It's like there's a liquor store on every block. And we saw our sales decline by over 1 Million dollars a year. Which was a real kick in the pants. And we started losing money, and the losses just keep getting bigger," Damyan said. 

Damyan says the convenience big box stores offer is too much for them to compete with.

"You know, it's easy to pick up a bottle of wine. Some of them are right in the aisles with the food. So that's what hurt us," Damyan said. 

That's why they are regretfully beginning the process of closing this downtown landmark of more than six decades.

"It's real sad. We have good employees and they hopefully will find jobs. I feel worse for them. But Sioux Falls has been good to Sid's. And we thank Sioux Falls and all the people here and our loyal customers. I'm just sorry we probably won't be around much longer," Damyan said.

Damyan says they do have some people interested in purchasing the buildings, which are on the historical registry.

They do not know how long it will take to sell down the merchandise and officially shut their doors.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events