Coronavirus (political)

[SolidSnake84]

Originally Posted by Buffalo Bob

It is going to take a long,long time. The change in people's future spending habits is going to put a lot of businesses out of business. We already have had a lot of restaurants permanently close, many of those that survived so far aren't doing well. I went in a Subway and got a sandwich yesterday, even though the parking lot was jam packed with people who were probably grocery shopping I was the only one in the Subway and the whole time I exited and ate the sandwich in my vehicle no one else went in.

The local McDonald's which is a stone's throw from I-95 is usually jam packed on Friday-Saturday-Sunday, no matter what time of day. When I drove past there at 3pm today on the way to the bank there were two cars in the drive thru line.

I suppose I have to take the good with the bad as it seems on average the Corona-virus adds 5-10 unpaid hours to my business week. Most of that is using Fedex because the post office is no longer reliable. Also customer service from vendors has gotten real bad with most of them. On the good side I do not have to wait in long lines for takeout food. Unfortunately that is not sustainable, as no one in line for food equals out of business soon.

I would think that probably 60 - 75% of "Mom and Pop's" / small businesses are out of business permanently by the time this "ends". What will be left is large big box stores for shopping, corporate owned restaurants, think large chains

But it is also important to remember that many things that are now gone for good were already on their way to going out well before the pandemic. Think places like sears, AMC theaters, etc.... It's easy for a business to blame the virus now for going OB when even before the lockdowns, they may have survived two or three more months tops....