To blame for his family's misfortune, Pangio says, is competition from large grocery and discount store chains, convenience stores and restaurants. The bigger stores are moving in and putting the little guys out of business.
Competition is fierce people are selling things below cost or at a lower markup percentage.
We just don't have the buying power, and health insurance and utilities have gone through the roof. It seems like everything has mounted up against us. We tried to cut costs and that wasn't happening. It wasn't enough. All rights reserved.