I’ve Got a Lovely Bunch of Coconuts
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When I was growing up circa 1950’s, you has one Bakery one luncheonette one Pizzeria one Chinese takeout in a neighborhood ,Today in a span or radius of 2 miles you can go to a dozen stores to play lotto , buy Pizza or what have you . nothing has the resale value as it did anymore , you can’t close down even for 1 day because people go elsewhere and you loose or then share their trade with another store, how sad that a retailer can’t even close for a religious or national Holiday or death in a family without feeling the big pinch Mom & Pop Stores Going To The America will Buy a piece of property no cost to high, demolish the existing structure and rebuild and rebuild strip mall or building at an astronomical cost lets say a Drug store or what have you. how can you compete against a giant like this ?
A Mom & Pop simlply can not.the future you may only see pizza huts or Dominoes, Pizza still around as rents and the outright refusal by big corporations to sign leases with a Mom &pops; So be prepared to see a new breed of retailer around in the next 10 yrs. Mom & Pop Stores Going To The Wayside making way for in. to corporations to open their outlets . When I was growing up circa 1950’s, you has one Bakery one luncheonette one Pizzeria one Chinese takeout in a neighborhood ,Today in a span or radius of 2 miles you can go to a dozen stores to play lotto , buy Pizza or what have you . nothing has the resale value as it did anymore , you can’t close down even for 1 day because people go elsewhere and you loose or then share their trade with another store, how sad that a retailer can’t even close for a religious or national Holiday or death in a family without feeling the big pinch
Mom &; Pop Stores Going To The wayside in America, big corporations will Buy a piece of property no cost to high, demolish the existing structure and rebuild and rebuild strip mall or building at an astronomical cost lets say a Drug store or what have you. how can you compete against a giant like this ? If one unit of a corporation goes under ,they don;t care they have hundreds other s to tow the compact line,A Mom &; Pop simlply can not.In the future you may only see pizza huts or Dominoes, Pizza still around as rents and the outright refusal by big corporations to sign leases with a Mom & Pops. So be prepared to see a new breed of retailer around in the next 10 yrs.end
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THE LERMAN REPORT STAFF
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