Bhim Khadka’s restaurant in a once-thriving Melbourne retail strip has five stars on Google and three staff on the floor, but not a single customer at lunchtime on Tuesday.
Once a food and fashion hotspot, Bridge Road in Richmond is now dotted with for lease signs and farewell notes to customers as cafes, bars, restaurants, retailers and yoga studios go to the wall amid low consumer confidence and high input costs.
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Gus McCubbing is a markets reporter in the Melbourne newsroom. He was previously the Australian Financial Review’s Victorian political correspondent. Connect with Gus on Twitter. Email Gus at gus.mccubbing@afr.com
Larry Schlesinger was a reporter at The Australian Financial Review.
