Quote:
Originally Posted by Coralgurl
Real estate is not cheap. Take the location of the stores and it says alot, they are not located in overly desirable locations, the 2 on 16th ave are not bad, the one on 17th...hmm, but I know rents are alot cheaper than if they were located at South Trail Crossing or Crowfoot or Beacon Hill (sorry for those in the south, not overly familier with shopping centres your way).
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This is a very good point that a lot of people don't consider. I live in the south and I would LOVE to have a store in the south. However, there is virtually NO cheap real estate in the south. The locations that are cheap are very sketchy. Take for example Red Coral's previous location. While the store there was awesome, I would personally be concerned to leave my car there for an extended period of time. And even at that location it was still MORE EXPENSIVE than their previous location in the north. Anyway, what this means is that virtually any reasonable location in the south is going to mean that prices will be higher. And well, we all know how we feel about high prices right?
Take for example the fish store that we used to have right off of MacLeod Trail South. Personally I thought it was a nice store. Great location, nice layout, decent stock. However, I hardly ever saw any foot traffic in that store and even I myself rarely frequented that store due to their high prices. I certainly can not blame them. They have to make ends meet like all the other stores.