Over the last few years there's been a flood of social media posts and articles, all predicting a surge in boomer owned businesses coming up for sale. Or closing down.
One poll by ASB suggested 1 in 4 small business owners are considering retiring in the next 5 years. One result of this could be the loss of beloved, but old timey, favourites.
Places like Geoff's Emporium, on Auckland's Dominion Road. It opened in 1980, and will be no more at the end of January...
Owner, operator Derrol Lamb talks to Emile about the decision.
T-Shirts on a rack. Photo: 123rf
