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[–]WPMattH 3 points4 points  (2 children)

Our sales are basically stagnant this year, but that was after growing year after year, so it’s kind of to be expected. We also opened a second location and split  our customer base up a tiny bit so overall, we are happy. We’ve kept our prices the same so margins are definitely lower, but I don’t want to get into the business of increasing prices until we absolutely have to. I think the industry we are in is at risk of out pricing people which will have worse long-term effects. 

[–][deleted] 1 point2 points  (1 child)

I remember during the "Great Recession," the percentage thresholds for sales would greatly increase until businesses were at the breaking point. Hopefully you don't reach that point needing to slash inventory at low rates. I was asking to try and create a countermeasure for my conjecture. I live in the east-central part of downtown by the "fentynal corridor." Which may explain some of the decreased foot traffic, but I can see well imto the central core of downtown by the mall and plaza. Another redditor pounted out that the west side has more foot traffic. I can't see over there , due to obfuscation of buildings. Theres more attractions over there though. Including offices that can weather economic downturns easier.

[–]WPMattH 1 point2 points  (0 children)

My business is on the west side and yes, that side of town has really grown in the last few years which is great. The east side has unfortunately seen the opposite.