This man says his wholesale business is losing $100,000 a month. He has orders placed to factories in China, but because they are closed due to coronavirus, he can't fill them.
New York In his 47 years as a small business owner, Larry Birnbaum says he's never experienced anything like what's happening with his wholesale light bulb business today.
"It's very scary," said Larry Birnbaum, the owner of The Lightbulb Store & EPIC Wholesale in Hackensack, New Jersey."I wouldn't want anybody to be in this position."Birnbaum says his wholesale business is losing $100,000 a month. He has orders placed to factories in China, but because they are closed due to coronavirus, he can't fill them. His light bulbs are used commercially -- to power everything from office buildings to streetlamps.
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