protectionist
Diamond Member
- Oct 20, 2013
- 59,049
- 19,658
- 2,250
Unbelievable apartment rent increases of hundreds of $$$ per month, are tearing US businesses to shreds. In my own case, I was paying $600/month 3 years ago Te rent went waaay up and I movd out. That apartment is now $1600/mo for renovated, $1200 unrenovated.
So I moved out, and I now am in a better place, but I'm paying $1,014/month. So I now have $414 LESS to spend every month, than in 2021. $4,968 less per year. There goes the nice new violin and mandolin I was going to buy. Same thing for hundreds of other musical instrument buyers in my area. So guess what > our main musical instrument store (Sam Ash) closed up & went out of business, nationwide. They had been in business for exactly 100 years.
Guess who else is closing down stores. > Walgreens. No, they don't sell musical instruments, but what they do sell cost money too, and a significant part of their customer base now has hundreds of $$$ LESS per month, to buy things with.
nypost.com
So I moved out, and I now am in a better place, but I'm paying $1,014/month. So I now have $414 LESS to spend every month, than in 2021. $4,968 less per year. There goes the nice new violin and mandolin I was going to buy. Same thing for hundreds of other musical instrument buyers in my area. So guess what > our main musical instrument store (Sam Ash) closed up & went out of business, nationwide. They had been in business for exactly 100 years.
Guess who else is closing down stores. > Walgreens. No, they don't sell musical instruments, but what they do sell cost money too, and a significant part of their customer base now has hundreds of $$$ LESS per month, to buy things with.

Walgreens could shutter over 2K stores as sales plunge amid stubborn inflation
Walgreens announced it will be cutting its profit forecast for the fiscal 2024 year and closing more stores across the US in its latest attempt to deal with a “difficult operating environment…


Sam Ash Closing All Stores After 100 Years In Business
Musical instrument retailer Sam Ash Music announced today that it is closing all of its stores:
www.synthtopia.com