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|    Message 1,616 of 3,014    |
|    hancock4@bbs.cpcn.com to Bolwerk    |
|    Re: city diners closing on account of hi    |
|    26 Oct 15 12:40:18    |
      On Monday, October 26, 2015 at 2:58:48 PM UTC-4, Bolwerk wrote:              > The Strand Book Annex downtown became something with 99 Cents Store(tm)       > quality.              I don't understand how a 99c store could generate sufficient profit to pay       premium rentals, even if it has lots of traffic--the markup per item is very       low, and unit transaction costs are high. Indeed, such stores seem to be in       the 'lesser' retailing        sections, not the upscale ones.              I suppose if some ultra hip boutique moved in and sold $1,000 scarves in       quantity, the business could afford premium rents. But how many such high end       stores are there?              Also, food service, like a diner, is one of the few businesses today that       still needs a brick 'n mortar presence. So many other retail businesses have       been hammered by mail/internet order; those businesses need warehouse space in       the back streets, not        prime retail frontage.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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