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‘Silver tsunami’ of retiring business owners leaves Main Streets in Michigan at a crossroads

Mary Rajasekhar had owned Olivet Book and Gift for 35 years when she decided last Christmas it was time to retire.

Mary Rajasekhar had owned Olivet Book and Gift for 35 years when she decided last Christmas it was time to retire.
But, with her children spread out across the country and into their own careers, she had no heir apparent for the store selling Bibles … [7252 chars]

Source: The Associated Press | Published: 2025-12-18T19:43:41Z

Credit: The Associated Press

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