Recent news that looks pretty serious for small business owners (Ruliweb, opens in a new window)

Small business owners who posted about their situation shared tough updates, including sales cut in half, staff cuts, and fewer customers. On Ruliweb (opens in a new window), people looked at restaurants and empty storefronts, lamented the state of small business owners, and said office workers are struggling too. On Ygosu (opens in a new window), replies kept saying only the lines-out-the-door places are busy, and blamed the government and changing consumer trends. On Etoland (opens in a new window), opinions split between blaming interest rate hikes and blaming competitiveness and spending habits.