No specific store to mention but probably high end specialty stores. I expect to see smaller jewelry stores close at a higher than normal rate. Small coffee shops...only the chains can afford to stay open and McD’s sells coffee cheap.
Auto Parts will probably do well as people keep cars longer and do more of their own repairs when possible. Home Depot & Lowes should be ok...again the DIY crowd. Dentists will probably close/retire. A local dentist told me his business is down 40%.
My first pick would be Best Buy.
Nobodys buying CDs like they did 20 years ago.
Many Dentists will probably close/retire. A local dentist told me his business is down 40%.
A lot of dentists will retire or close their offices. Many will go away due to self inflicted wounds of the Dental offices out here in Californiacator land have more people working for them than in a doctors office.
Check the pictures of their staff and them in the local news papers. They look like Rugby teams.
They were riding high before the meltdown. Everymouth represented thousands of dollars of vanity for the patients and minimal need.
My dentist and I had a falling out when he pushed replace the crowns and fillings/work he had put in a few years ago for my wife and myself due to those crowns and fillings are now a problem.We both told him that he put them in, and we weren’t having problems. A young guy came back to this guy and had probably the best dental plan in California. We tried to warn him that the dentist he had grew up with had changed.
He pushed XRays like it was a printing press for income. I had a knee problem and had enough Xrays and MRIs for that year without repeated and not needed dental Xrays.
Two years later at about $6,000 per year, the yearly max of his dental plan, the young guy woke up. Often the dental office had more workers than patients, and they had some type of billing scam to involve them with most patients. Like when he got his teeth cleaned, the hygienist would call in someone to record her so called findings. That lasted about 5 to 10 minutes, and an extra charge on the bill of $100.
When he complained and called this a scam, the hygienist said it made her more efficient so she could see more patients per day. He told her that she and the dentist should eat the extra cost if there was any if it made them more effective, not the patients.
He will be looking for a new dentist next year after about 30 years with the current Je$$ie Jame$.
We are in our 70s and many of our friends of the same age feel that their dentists are taking advantage of them by pushing a lot work that isn’t needed. Of course some of the former beauty queen patients want what ever will make them think their teeth looks great.
A few dentists are fighting this situation. They are running their offices with their wives/, who do the receptioning and billing and have a hygienist come in for schedule cleaning. Many are going to the one day protocol for new crowns or crown replacement. This saves the patients time and money.
I know one dentist, who has quit the employment and fleecing the patients game. He had over a dozen employees including an office manager and an assistant office manager. The office became a place of infighting, game playing, higher demands for more pay for less work.
After a bad week of cat fighting and bs, he announced that he was closing his practice and gave everyone two weeks pay and any vacation that was due.
After closing his office, he rested for a few months and then took the courses he needed for the one day crown and other one day work. His wife said she wanted to return to work. They opened a new office 20 miles away in a different city ad county. He got a hygienist to rent space in his office. She is an independent contractor and pays him rent to work in the office. His wife helps when he needs help and runs the office with no problem.
Many dentists are/have priced themselves out of the market.
They remind me of a couple of contractors, who were good and priced them selves out of the local market. They often had expensive contracts in expensive conclaves in the bay area, not here. After the melt down, most of these guys had no place to go.