Tuesday, December 14, 2021

How Bad Are German Retailers Suffering?

 Well....this got brought up via regional Hessen news (HR).

The hype is this....up in Fulda, the local Chamber of Commerce sat down and talked to shops.  What they say is that 80-percent of shops in the area are reporting a loss in sales (it's not where it was in 2019....prior to Covid).

On loss of customers?  About 90-percent of the shops say there is a decrease in customers.

All of this leading back to the 2G (vaxed-up or recovered) situation?  That's the general talk.

What's being suggested?  2G, by some folks, was a tool to force or encourage non-vaxers to get vaccinated.  The Chamber of Commerce is saying this was wrong to attach it to them (the shops).

I don't think the politicians or the virus-experts really thought much over the pain/suffering of the commerce world.  Tax revenue being less?  If folks aren't spending the money in the brick-and-mortar shops.....it's likely going to the internet world (Amazon).  Tax will still be collected but it'll lead to more brick-and-mortar establishments asking if the risk/reward is worth the effort.  

No comments: