51–60 of 256 posts
Last time we went there, owners assaulted my child and knocked it onto the floor!
I own a reasonably well performing indie bookstore. I've noticed for the model to work you need a critical mass of other local shops clustered to make the trip an experience for families and diverse tastes. My working theory is that three of such small businesses are sufficient and could operate well with a common inventory strategy and manager (e.g. a bookstore, a toy store, and a tea or candy shop...nothing that sp…
Earlier quoted context omitted.
AFAIK Commercial is priced at a multiple of rent. So when an owner still has a loan on a building that was based off of multiple of 3000/mo and decides to rent it out for 1500/mo it effectively cuts the value of that building in half. Just an accounting issue for someone who owns it out right, but devastating for someone with a loan. I think this is why you’re seeing landlords offering multiple free months of rent no…
I’m not sure if the explanation in the second part holds water. Wouldn’t the reduction in property value be the same as the ammortized free rent?
Earlier quoted context omitted.
The thing I've noticed is that even dying downtowns want insane amounts of rent; I think you have to be able to buy the building to make it work. However, that's not as unrealistic as it may seem, because the city itself often owns a decent amount of downtown, and can make a deal.
It's really baffling that even in the shittiest areas rents or property prices are insane. It seems the capital owners just don't care or don't lose enough money to care. They should be expropriated. Of course that won't happen.
Consolidation, as always, is eating the society like cancer.
I miss toy stores, butcher shops, record stores, movie renal stores... everything moving online has really made culture so isolating and a lot harder to meet people. I remember when I was younger I could just go to a retail area and get some coffee, look at magazines/books, then go to a record store, then a video game store, a pet store, etc. Now everything is either a big box store in a giant parking lot or online.…
You know it's bad when stores don't even "have" parking lots, but are "in" them.
I asked her if she wanted the big or small version, she liked the small. Showing kids toys on a tablet is never going to replace the experience.
I own a reasonably well performing indie bookstore. I've noticed for the model to work you need a critical mass of other local shops clustered to make the trip an experience for families and diverse tastes. My working theory is that three of such small businesses are sufficient and could operate well with a common inventory strategy and manager (e.g. a bookstore, a toy store, and a tea or candy shop...nothing that sp…
Get 2-3-4 highly attractive shops that people go to (in Europe, Zara is an example) surrounded by shops that would otherwise die without the proximity/clustering.
I own a reasonably well performing indie bookstore. I've noticed for the model to work you need a critical mass of other local shops clustered to make the trip an experience for families and diverse tastes. My working theory is that three of such small businesses are sufficient and could operate well with a common inventory strategy and manager (e.g. a bookstore, a toy store, and a tea or candy shop...nothing that sp…