by Editor | Jul 24, 2020 | Industry News, Highlights
The impact of COVID-19 pandemic has resulted in the disruption of the supply channels of circulating coinage – the pennies, nickels, dimes and quarters that the U.S. businesses and consumers use in their day-to-day transactions. “In normal circumstances, retail...
by Editor | Jul 14, 2020 | Highlights, Industry News
Laundrylux recently announced a new distributor relationship with Coin-O-Matic – headquartered in the Chicago suburb of Alsip, Ill., and celebrating a century in business. “We’re excited to honor our 100-year anniversary in the laundry industry by providing a...
by Stephen Bean | Jul 14, 2020 | The Business Mind, Highlights
How Our Psychological Makeup Impacts Our Financial Decisions I’ve consulted with a great many laundromat owners over the years. And nearly all of them have been preoccupied with their financial decisions – either those that had been made in the past or those that the...
by Editor | Jul 9, 2020 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
An Interview with Multi-Location Laundromat Owner and Serial Entrepreneur Daniel Marrazzo Daniel Marrazzo is a lifelong resident of Bucks County, Pa., who started his professional career in the construction industry, after graduating from Norwich University – The...
by Editor | Jul 9, 2020 | Industry News, Highlights
Statewide Laundry Equipment – with locations in Miami, Orlando, Tampa, Jacksonville and Georgia – recently held all-day meetings for the company’s executive and sales teams at the Embassy Suites in Fort Lauderdale, Fla. Attendees were led through a recap of the...
by Editor | Jul 1, 2020 | Highlights, Industry News
The coronavirus crisis has sparked a nationwide coin shortage that has left retailers scrambling, including some laundromat owners who have found themselves short of the quarters needed to replenish changers. The Federal Reserve recently revealed that the pandemic had...