Business Notes: Jan. 31, 2016
Norwich — The Bike Hub, which sold and repaired bicycles and related gear from its shop on Route 5 adjacent to Fogg’s Hardware and Building Supply, closed its doors on Jan. 23. Owner Bill McFadden posted the news on the store’s Facebook page, announcing “we will still be around honoring a few commitments but it is the end of The BikeHub in its current form.” “Over the years, The Bike Hub — my staff, my vendors, my community event...
The Business of Agriculture: If Consumers Demand Local Meat, More Local Producers Will Supply It
At a farmers market last summer, I overheard a woman standing in line to buy some chicken say to her companion, “Wow, this is expensive. If we had more competition around here, we’d get better prices.” I almost blurted out that I thought she had it exactly backward, that it’s not the lack of farmers that is keeping prices high but rather it’s the lack of high prices that’s keeping farmers away. The problem, in other words, isn’t on...
The Business of Agriculture: If Consumers Demand Local Meat, More Local Producers Will Supply It
At a farmers market last summer, I overheard a woman standing in line to buy some chicken say to her companion, “Wow, this is expensive. If we had more competition around here, we’d get better prices.” I almost blurted out that I thought she had it exactly backward, that it’s not the lack of farmers that is keeping prices high but rather it’s the lack of high prices that’s keeping farmers away. The problem, in other words, isn’t on...
