| Comment | Dennistoun isn't as gentrified as Finnieston (yet) so the market for niche vegan bakeries/coffee shops is signifantly smaller. The area between Duke Street and the parade is affluent enough to attract those types of businesses but the areas south of Duke Street and east of the train station are still grim as fuck. They chose to set up shop south of Duke Street away from the passing trade that the plethora of other bakeries and coffee shops benefit from which probably hurt them.
Rising energy bills will be definitely be a common factor in lots of small businesses closing down but I do wonder about places like Mayze if perhaps expanding is what really did them in. Businesses that expanded 2020-2022 will have benefited from borrowing being very, very cheap. As interest rates have gone up have they found themselves over extended? |
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