Platinum Card Talk Member
| Can't really say. One would think that in some areas all of the recent craze should open a few doors. My area is still pretty much the same, sports or gaming with a dabble in non-sports. Still, on the plus side no one seems to be closing down either. ____________________ Just because it's rare doesn't mean it's valuable.
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| Posts: 5024 | Location: Tennessee | Registered: March 09, 2002 |
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Diamond Card Talk Member
| Not near me. There is a lot of unrented retail space in all the local shopping hubs. Stores of all sizes and merchandize closed up early in the pandemic, mainly due to rent increases and decreasing sales. A majority of those locations are still unoccupied and have become eyesores.
I would love to see a new card shop open. I've noticed advertising for a couple of new online dealers recently and I can see where there might be good opportunity in underserved places. The overhead to maintain a storefront in a popular shopping area still looks to be too much in my area though.
Just the other day a 99 cent bargain store shuttered up on the Avenue. When they are still closing, it's not a good sign. |
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Gold Card Talk Member
| quote: Originally posted by wolfie: I can't think of one card based shop anywhere in the UK. As far as i know everyone is now online.
Yes , there used to be three shops in Birmingham that sold non-sports , all are long gone and I would say zero chance of anything new opening . |
| Posts: 2571 | Location: Sutton Coldfield England | Registered: August 09, 2002 |
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Silver Card Talk Member
| My town has 9 pizza shops (seriously), but not a single hobby shop. |
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Gold Card Talk Member
| I read about one local mall bringing in small businesses to at least partly fill an old Sears store that had been vacant for a couple of years. It's like an indoor mall within a mall. It's great for the mall and for the small businesses that have outgrown a kiosk or flea market space but don't bring in enough income to open and maintain a standard mall store. I hope it works because a collectibles dealer might try that out. quote: Originally posted by webjon: There is a mall not far from my house that has never done particularly well. The pandemic killed off several chain stores, but the mall ownership has done a really great job bringing in small businesses.
I was in the mall recently for the first time in probably 6 months and noticed either 2 or 3 new collectibles stores. One had a handful of wrestling cards, but that was it card wise. Lots of Funkos and action figures.
Hopefully card shops will follow. . .
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| Posts: 4643 | Location: San Jose, CA, USA | Registered: December 23, 2002 |
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Diamond Card Talk Member
| Not even talking about the malls, there are neighborhood shopping areas all around me that are lined with small businesses. Even before COVID, many were having trouble with the rent because the same landlord could own multiple buildings in the line, which usually had a store below and a few residential apartments above. In some areas it might just be a store if the zoning didn't permit more floors.
So once the leases came up the landlord wanted way more, not caring if the store was doing well enough to pay. They would find a new tenant. Only some of these local business strips aren't in great areas and the store stayed empty. Once 2020 hit, some of the good businesses were forced to close for a time and others were open but saw customer traffic drop off. When the leases expired, landlords still jacked up the rent, and now even the good ones couldn't do it when they were barely scrapping by. There are so many empty storefronts now all over NYC that you could set up shop in virtually any mainstream hub, but you have to pay crazy rent when business is nowhere near what it was for anybody with a small store.
The small businesses that have been able to hold on either own their own buildings or have a long term lease still in effect. It makes no sense, but I have seen this with my own eyes. Rather than work with a good tenant to accept the same or less money these landlords, who often don't live in the community, make them shut down knowing by now that the stores will remain empty without any rent from anybody.
Maybe it's a tax write off for the losses is about the only way I can figure it. Perhaps things are better in other parts of the country, but I see no way any collectables or hobby store can open by itself where I am. I would think a mall slot would ask for even more rent. |
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