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.