Posted on 08/22/2022 7:45:26 AM PDT by RomanSoldier19
Every industry is being impacted by inflated costs, but retailers seem to be getting it the worst.
Retail Dive recently reported that according to recent report findings by Alignable, a referral network for small business owners, the industry is poised to lose more than half of their companies.
Per the findings, nearly half of small business owners, including 59% of retailers, shared they’re at risk of shutting down before winter, a jump from 12% from the 35% that said the same a year ago.
It looks even more troubling for minority-owned businesses (52% could be shuttered by fall) and women-owned businesses (53%). It looks like those in certain parts of the country are more susceptible to financial struggle. Small retailers in Colorado, Michigan, Ohio, Pennsylvania, Texas, North Carolina, California, Illinois, Florida, New York, New Jersey and Georgia, are at significant risk.
(Excerpt) Read more at essence.com ...
Do you trust Biden and the bunch who control him to do what is right to maintain a strong dollar?
Grocery store trick
Smaller containers
Higher prices
Do you trust Biden and the bunch who control him to do what is necessary to maintain a strong dollar?
Can’t be according to this article.
Forget FDR. Biden Is a Major President in His Own Right.
https://newrepublic.com/article/167474/joe-biden-fdr-polls-inflation-reduction-act
Main reason is probably desiring to close up shop and get out of their crime riddem liberal cities
So called “journalists” are some of the dumbest people.
I quit the lower end stores for material things, like Kohl’s, Target, Walmart, and more. I’ll do without or just wear rags. (I’ll be in fashion somewhere). I have clothes that are 15 years old and still better than what’s out there now.
I will not shop the ‘higher’ end stores at all. Same crap. Malls are completely out!
Online sucks, period.
I too am doing my best to shop locally.. Corporate food really stinks nowadays, so I like to eat at the local family owned shops..
Do you trust Biden and the bunch who control him to do what is necessary to maintain a strong dollar?
Biden/Obama, etc. are irrelevant to currency strength, just as they were when Obama was officially president instead shadow president. Currencies rise and fall against each other. The reforms put in place after the 2008 fiasco have made the US stronger than other nations financially.
I know currency collapse is your never ending wet dream but you will continue to be disappointed. How are silver and gold doing? They both made their last highs adjusted for inflation in the 80’s.
Ping
Women and minorities hardest hit.
Got a local cafeteria joint and a Mercado that we absolutely love. We do a weekly visit. Prices have gone up a bit.....
When they know your name, it is nice.
“I know currency collapse is your never ending wet dream”
Why would you say that? I said it is a concern.
Nope, but it almost doesn't matter what the US does because everyone else is in far worse shape and far more dependent on external sources for survival than the US (~10% of our GDP)
Good point. Thanks.
So what happens when with the help of China we were importing deflation? Is that now over and Chinese goods are becoming more expensive. I noticed dollar stores that were charging 1.25 are now charging 1.75 here in Canada.
“I know currency collapse is your never ending wet dream”
You are a gutless coward by not answering my question on why you would say that.
“The ma and pa burger joints are getting utterly hammered, and the prices reflect that.”
I honestly feel for them, but I can’t and won’t pay $20 for a hamburger. The local burger/falafel joint went from $10.50 to $18.50 for burger plate. And it’s good, and it’s clean, but it ain’t $20 all-in, not as far as I’m concerned.
$20 ain’t what it used to be. Of course, if you aren’t making more money, too, something has to give.
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