- Feb 3, 2014
- Reaction score
When i was In the restaurant industry in Miami we had the backing of a large corporation that negotiated and locked in prices of goods no matter the fluctuation in the market. RENT (if I remember correctly, at the time it was $23,000 per month) on the other hand was not able to be negotiated and when that went up (which it always did) frequently, our ROS suffered. That’s just one example in one market. When that happens across the board then that’s when the customer suffers by paying more at the table
I mean, yeah, clothes at thrifts are about 6x the price they were when I was a kid. But you know what else is? Food and housing. Flippers might cause miniscule rises in prices, but the rent thrift shops pay is the more likely culprit.