Economic effects of Covid-19

Discussion in 'COVID-19' started by RPI, 14th Mar, 2021.

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  1. The Y-man

    The Y-man Moderator Staff Member

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    I agree with observation - that is why I have stated that all cafes and other small shops will eventually be run by the big players like Coles, Woolies and Aldi on the current trajectory (for better or for worse).

    The Y-man
     
    The Y-man, 14th Aug, 2021
    #41
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  2. 2FAST4U

    2FAST4U Well-Known Member

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    In Adelaide there's already a trend towards that happening. One of the large supermarkets in SA (Foodland) has started putting cafes and sushi stores in their premises.

    Edit- Supermarkets are also expanding into meat and bread, which puts pressure on butchers and bakers.
     
    2FAST4U, 14th Aug, 2021
    #42
  3. Tony3008

    Tony3008 Well-Known Member

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    No doubt that a lot of small businesses won't pull through, but might there be a survivorship bonus? E.g. you are one of three coffee shops on your shopping strip. One goes under leaving, post-Covid, two sharing the custom that was previously shared out between three.
     
    Tony3008, 14th Aug, 2021
    #43
  4. Simon Hampel

    Simon Hampel Founder Staff Member

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    My favourite burger place in Chatswood (Burger Patch) is struggling right now - they rely on a lot of lunch trade from nearby office workers which isn't coming because they are all working from home.

    They've had to cut back their operating hours and are now only open Tue-Thu for dinner and then Fri-Sun for lunch + dinner.

    I have been trying to support them as much as possible because I really don't want them going under - best burgers in Sydney IMO!!
     
    Simon Hampel, 14th Aug, 2021
    #44
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  5. Trainee

    Trainee Well-Known Member

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    Esp with the tighter restrictions, local takeaway places need help. If you can financially, order more takeaway.
     
    Trainee, 14th Aug, 2021
    #45
  6. The Y-man

    The Y-man Moderator Staff Member

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    The Y-man, 14th Aug, 2021
    #46
  7. sash

    sash Well-Known Member

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    I have noticed at least 4 for lease signs in my suburb in the lower north shore. These were functioning businesses prior to this last lockdown.

    A lot of people in Sydney are seeking to justify things are okay but this lockdown will end up in a lot of bankruptcies. Victoria's lockdown had the full fed benefits...this one not so much.

    Based on what I am hearing on the ground.....it looks like Sydney is about to head back to the future ...2003-2004....
     
    Last edited: 25th Aug, 2021
    sash, 25th Aug, 2021
    #47
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