We settled on two recliners and a love seat that we really liked and shopped around at a bunch of different retail places all the way from basically Pickering back to Oshawa.
On a whim last night when my wife wanted to show our final choices to a family member she googled the same models and, low and behold, found them on Wayfair for a total of about $3000 less than the best price we found at retail. They had some big mega weekend sale going on.
So, the credit card has a new dent, and the order is in. I feel a little bit bad doing the retail windowshopping thing only to end up ordering online, which wasn’t the original intention, but $3000 difference is just way too much to consider otherwise.
They are showing the same delivery times however, basically 12–16 weeks. I had an inquiry and ended up talking to a real person on the phone and he suggested that the recliners at least may be a little bit quicker but made no promises. It seems everybody with some spare Covid money right now is spending it on home improvement still.
I have a bit of a conscience issue with going on line after getting the info from brick and mortar stores but sometimes the difference is too much to ignore.
Unfortunately brick and mortar retail has ages of multilevel profit built into it.
Rent: Industrial space is a fraction of the rent of retail so shipping from a warehouse instead of a mall or storefront is cheaper.
Taxes on retail are higher.
Labour costs are higher on retail.
I recall a conversation with a guy that had a retail light fixture store on Mount Pleasant and his costs were over the moon with rent, taxes and labour.
Then his hydro bill was nuts because a light fixture looks dead when it's off but the heat build up with all the fixtures on needed air conditioning to keep the place from becoming a sauna.
You needed a large staff because people would walk out if not served in a minute or two. Staff had to have personality and knowledge unlike basic staff that just had to read labels.
To make brick and mortar work the greedy landlords have to drop rents but to do that the greedy developers need to drop their prices retroactively which means the pensioners that depend on XYZ development dividends for their incomes have to drop their retirement expectations.
Taxes: Do we cut the frills and make the city look dull or keep on frill spending. What's a frill?
Brick and mortar stores keep the city cores alive. How's downtown Detroit looking these days?
The work and shop from home is another side effect of Covid 19. We will know in a few years if the side effects are fatal.