2 ms·
Because the people that were running them and just barely getting by likely don't have the funds to open a new store. A lot of these places the building/infras
by tw04 11y ago
Because the people that were running them and just barely getting by likely don't have the funds to open a new store. A lot of these places the building/infrastructure was just handed down generation to generation. Once it goes under, there's nothing left to start it back up.
- heurist 11y agoThat's why banks offer business loans.
- ghaff 11y agoAnd they won't make those loans in the absence of a viable business plan. (Plus, this isn't Silicon Valley. The prospective business owner is almost certainly going to need to put some of their own money in.) A lot of dying ex-resource extraction towns just don't present much of a business opportunity for anyone. I also suspect that a lot of readers here don't appreciate that really long drives to get to a "real" store is not that unusual across fairly large swaths of the US.
- coldtea 11y agoTry getting a business loan as e.g. a poor southerner ex-Walmart employee to open a new grocery store in Indianola, MS or Forkland, AL or tons of even smaller places...