Thread: Small Retailers Struggling/Under attack

Nothing new here
Seen it all before

1987 Black Friday stock market crash and the fall out from that was similar

2009 Global Financial Crisis and the fall out was similar

It's called a Correction and we will continue to go through boom and bust cycles
Nothing new

The key point is too save when times are good and have a little put away for when times are not good

Retailers generally put profits back into increased stock levels which they see as better than money in the bank

Then if there is a correction that stock looses value when you need to sell it.

Some gun shops were drunk on the pre registration but up
And the dip in sales has been longer and deeper than they might have expected

There are plenty of guns in NZ
New entrants can get good guns second hand from guys selling down because they have other cost pressures

So it's unlikely the small guys will survive unless they are doing it as a passion project.

The small guys try to hold on until things improve and when it doesn't they loose the lot.

The big guys know when to jump from the sinking ship.
Torpedo 7 $1 sale and still gone