Recent articles from Marketplace and The Atlantic cast laundromats as one of America’s “fastest-dying businesses.” But if you look into justification for the claim, you’ll find that laundromats aren’t dying – they’re just changing to keep up with a rapidly transforming market. The Atlantic reports that as developers transform urban neighborhoods across the country, renters and buyers are opting for apartments and condos with in-unit washers and dryers. This phenomenon, combined with price-cutting competition, rising rents, and costly utility bills can all pose threats to independently-owned laundry businesses. However, laundromats remain an essential community service, and laundromat owners are stepping up to make their businesses even more indispensable. … Continue reading The Claim: Laundromats Are Dying