Daily News | Fat Jack’s, Philadelphia’s first and oldest comic book shop, raising money to fight closure
, the city continues to struggle with. Only 57% of foot traffic is back, compared with 2019 levels.
“We used to have about 222 to 250 people a week, but now we are down to about 180,” said store owner Mike Ferraro. Fat Jack’s subscription program has also been affected by this. Since it relies on comic lovers being able to set aside their favorite books to pick up at a later time, working from home meant that many readers had to cancel due to being unable to pick up their comics.
Seventy-one-year-old Ferrero looked for many alternatives to prevent the store from reaching this point, Partridge said, including filing for the Paycheck Protection Program — the federal business loan created during the pandemic to help small businesses keep their workforce — but funds ran out before they could receive help.in the hopes of raising $20,000 to cover the cost of product acquisition and catching up on bills.
In the meantime, they are having a half-price sale of older comic back issues in store until the end of January, and doing a Sunday online sale through the broadcasting live website
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