I have been having some serious doubts as to whether Yarn About Yarn would continue as a store. I’ve been unable to get new stock on the shelves for a while now. My desire to bring quality yarns to Australia is just not feasible when the Australian dollar is so poor against other currencies, particularly the US dollar. Not only are products more expensive for me to buy but the shipping costs to get them here have skyrocketed. This means that the end price I am charging becomes even higher.
I’ve absorbed some of the extra costs but all this means is that there is very little profit. Any profits I get are put back into the business, so less profit = less stock.
But I love my little store and love the interaction with my customer, so for now the store remains open. I’ve bit the bullet, so to speak, and am pleased to say that a few new products will be arriving this year.