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Wednesday, December 15, 2010 

NY-based store going out of business

In a sign that the rising prices of comics are having a negative impact on sales, Cosmic Comics, which was in business for nearly 2 decades in New York, is closing down at the end of the year. As they tell:
The comic book industry has changed dramatically and its really hard to run a store under such conditions. A $3.99 comic in an economy like this hurts everyone across the board. Do you know how many ghetto OOero cookies spelled with two O’s I can buy in the local bodega with $3.99??? The industry is milk[ing] the cow ie the customers before the paper comic industry crashes and goes completely online.
And even then, who knows if that'll work either? If they keep up the current format even online - specifially, with padded storytelling - that could keep them smarting even longer.

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