Too rediculous to blame the business’s demise on the modest increase in the minimum wage. If the owners margins were that slim he had other far more significant problems.
There are reasons to be against minimum wage increase but i hope FReepets are smart enough to see through this one as bogus.
“If the owners margins were that slim he had other far more significant problems.”
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$3,000 profit last year.
Bookstores are not well known for fabulous profit margins in the first place. It doesn't take much to kill one, and the industry is just barely hanging on. Probably the store should re-cast itself as something other than a bookseller. But running a small business in San Francisco is a special kind of hell anyway, so why not provide a lesson for the ignorant as a final service?
Actually I wonder if the Borderlands owner is aware of what happened to the Kepler's bookstore in Menlo Park? Wealthy people in the local community crowd-fund it to keep it open. It's like a freaking church of the literary, except of course they're all communists. Considering how wealthy the neighborhood up-hill from the bookstore is, I bet Borderlands could do the same...