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Death of the LGS
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<blockquote data-quote="Silver Moon" data-source="post: 4348009" data-attributes="member: 8530"><p>Interesting thread, I've read all eight pages and there is a key point that has been hinted at but not directly stated - <u>We Are In An Economic Recession!</u> </p><p></p><p>During the last recession in the early 1990's there were <u>four</u> FLGS in the Boston area (where I lived at that time) that closed due to the economy. The same thing is happening now, because when it costs an extra $ 30 a week for gasoline and an extra $ 20 a week for food that's $ 50 which isn't going to be spent at the FLGS, no matter how much the customers might like the place. </p><p></p><p>My upstairs tenant manages a Comic Book/Sports Cards/Gaming/Used Paperpack store, and right now they are hurting big time due to the economy. They've had to cut back on personnel and are buying stock much more thinner and cautiously these days in hopes of getting through this economic downturn. </p><p></p><p>My friend's store will survive, as you probably will too Gamersgambit, because of a diversified product line and willingness by the owners to make adjustments. But the smaller stores with narrower lines won't and that is the sad reality. They'll go under not because of Internet Sales or Big Box Bookstores, but because they are in a "Nice to Have" business rather than a "Have to Have" business, which during an extended economic slump can't be sustained.</p></blockquote><p></p>
[QUOTE="Silver Moon, post: 4348009, member: 8530"] Interesting thread, I've read all eight pages and there is a key point that has been hinted at but not directly stated - [U]We Are In An Economic Recession![/U] During the last recession in the early 1990's there were [U]four[/U] FLGS in the Boston area (where I lived at that time) that closed due to the economy. The same thing is happening now, because when it costs an extra $ 30 a week for gasoline and an extra $ 20 a week for food that's $ 50 which isn't going to be spent at the FLGS, no matter how much the customers might like the place. My upstairs tenant manages a Comic Book/Sports Cards/Gaming/Used Paperpack store, and right now they are hurting big time due to the economy. They've had to cut back on personnel and are buying stock much more thinner and cautiously these days in hopes of getting through this economic downturn. My friend's store will survive, as you probably will too Gamersgambit, because of a diversified product line and willingness by the owners to make adjustments. But the smaller stores with narrower lines won't and that is the sad reality. They'll go under not because of Internet Sales or Big Box Bookstores, but because they are in a "Nice to Have" business rather than a "Have to Have" business, which during an extended economic slump can't be sustained. [/QUOTE]
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