The churn is a pretty good indicator....

That profitability is an issue even if you have an extremely high foot traffic location.
I find it fascinating how well established companies go out of business.
Most operate on thin/non existent margins, so any slight misstep or downturn crushes them into administration.
I think we would all be shocked how many retail companies are on the edge.

I have this strange business philosophy of wanting no debts and high margins....

A lot of businesses these days are built to gain market share even if they sell every item at a loss. Their goal is to get bought out.
One of the biggest 3rd party sellers on Amazon tried this and flamed out when they couldn't get any buyers.

Posted By: usacanary on December 17th 2022 at 14:14:51

Message Thread

Nothing mentioned by the club but Pilch/JarroldSport/FanHub is available to let. (NCFC) - Augustus Pablo, Dec 17, 12:44:48
- Might be missing something, but… (NCFC) - phelans tash, Dec 17, 15:49:17
- That’s serious rent - £12.5k a month (NCFC) - JoeyDeacon, Dec 17, 14:04:51
  - Plus business rates will be another £75k. (NCFC) - tudders, Dec 17, 14:34:25
  - No wonder the high street is on it's knees (n/m) (NCFC) - Trent_Canary, Dec 17, 14:22:19
  - That's just the start of the expenses. (NCFC) - usacanary, Dec 17, 14:21:05
- We ended up paying full rent throughout Covid, landlord was a cunt. (NCFC) - tudders, Dec 17, 13:50:05
  - That's bollocks, sorry yo hear that Tudds.😠 (n/m) (NCFC) - protheroe fitzgibbon, Dec 17, 14:13:36
  - Sorry to hear that - you said things were tough a few months ago (n/m) (NCFC) - JoeyDeacon, Dec 17, 14:03:58
  - 😢 (n/m) (NCFC) - Augustus Pablo, Dec 17, 13:56:31
- It's the same in the US.... (NCFC) - usacanary, Dec 17, 12:54:47
  - Luckily Norwich city centre still offers an enjoyable retail experience (NCFC) - Augustus Pablo, Dec 17, 13:04:26
    - The churn is a pretty good indicator.... (NCFC) - usacanary, Dec 17, 14:14:51
    - Particularly outstanding mens leisurewear stores I hear. (NCFC) - norwaay, Dec 17, 13:47:29
      - Hey that’s brilliant thanks!! You should be said and I’d have done some discount (NCFC) - Augustus Pablo, Dec 17, 13:50:15
        
        Haha, no need for that. (NCFC) - norwaay, Dec 17, 13:53:16
        
        Me neither! (n/m) (NCFC) - Augustus Pablo, Dec 17, 13:57:04
        
        😂 (n/m) (NCFC) - norwaay, Dec 17, 13:59:25
  - You'd think everyone would start operating out of warehouses. (n/m) (NCFC) - protheroe fitzgibbon, Dec 17, 12:57:26

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