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Yelp data shows permanent small business closures have exceeded 60% in some markets
2020 Sep 16, 10:30am 3,803 views 34 comments
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1
FortWayneAsNancyPelosiHaircut
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2020 Sep 16, 10:45am
FortWayneAsNancyPelosiHaircut
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2020 Sep 16, 10:45am
All the closures are really fucking people up. Politicians are creating this mess, they are trying to put people into poverty artificially (all under a nice excuse). It's really fucked up.
That's how I feel about it, because their results don't match their words, they match them fucking with us though.
That's how I feel about it, because their results don't match their words, they match them fucking with us though.
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Tenpoundbass
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2020 Oct 12, 7:58am
Tenpoundbass
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2020 Oct 12, 7:58am
I see a huge opportunity in the near future. My hope is, the corporate food industry will have lost their asses so much. That we never see 80% of all restaurant space rented by TGIF, Sweet Tomatoes, Ruby Tuesdays, Chili's and the like. Sends the corporate food investors reeling for a long time to come. I hope people with a genuine appreciation of food will fill the void.
It's going to be a good time to be in the food industry and local entertainment.
It's going to be a good time to be in the food industry and local entertainment.
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🎂
WookieMan
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2020 Oct 12, 8:17am
WookieMan
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2020 Oct 12, 8:17am
Automan Empire says
Eh, I'm extremely skeptical of anything yelp does and their data. We're doing just fine out here in IL hill billy country. All the businesses are open and frankly some of them are pretty damn busy. Haven't lost one in my small town, which in theory should be more susceptible to closures. 60% is the extreme case and clearly what the media does to freak you out and get clicks/views.
Yelp data shows permanent small business closures have exceeded 60% in some markets
Eh, I'm extremely skeptical of anything yelp does and their data. We're doing just fine out here in IL hill billy country. All the businesses are open and frankly some of them are pretty damn busy. Haven't lost one in my small town, which in theory should be more susceptible to closures. 60% is the extreme case and clearly what the media does to freak you out and get clicks/views.
Comments 1 - 5 of 34 Next » Last » Search these comments
YELP has plenty of issues and I can't stress enough that businesses should never pay them a dime for marketing services. That said, they provide a good ground-up view of the state of the economy down to a granular, smallest business in town inclusive level of detail. Here's a report on permanent business closures according to their data.
https://www.nbcnews.com/business/economy/almost-60-percent-business-closures-are-now-permanent-new-yelp-n1240209