In Crowdfunding Push, Army & Navy Bags Surpasses $110K in Donations
While the pandemic continues to ebb ever so slightly, many small businesses remain on the brink. Army & Navy Bags is one such struggling mom-and-pop, but luckily there are those in the community who wish to keep it buoyed.
One year since a successful crowdfunding campaign netted north of $60,000, Brandon Stanton of Humans of NY just launched a new effort to support owner Henry Yao. Apparently, the funds from last summer were “passed along” to the landlord for rent. And while sales at the surplus shop are picking up, overhead still exceeds revenue.
In just over 24 hours, the new campaign attracted more than 4,400 donors who contributed $111,000 (and counting) to provide Yao a much-needed boost to run the business at 177 East Houston Street.
Army & Navy Bags has been on the Lower East Side since at least 1959. Almost fifty years later – in 2007 – Yao took over. At the time, he was working as an umbrella salesman, and one of his clients was Zygmunt Majcher, whose family ran the business since the beginning.