A gloomy picture for retailing continues into 2018 as insolvency experts predict more problems for many stores particularly franchises. Economic pressures on consumers, and intense competition, particularly from online, are raising big hurdles for retailers. But if you are determined to be part of retailing there is one category that is comparatively protected.
Consumables, like food, and experiences, are considered safer bets than most categories of retailing. Consumers seem happy to spend $15-$20 on a café outing or a movie outing while pondering endlessly on clothing or gift purchases. And going out for a coffee is not something you can do online.
Is there room for more food oriented businesses at QVM? We bet plenty of traders are thinking of the possibilities.
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