Page 7 - Aruba Today
P. 7

U.S. NEWS A7
                                                                                                                                       Friday 19 February 2016

US Financial Front:

Good service, atmosphere keeps indie retailers in the game

JOYCE ROSENBERG                 “We aren’t so much selling     Ellen Ward, owner of FoxTale Book Shoppe poses for a photograph behind the counter in Wood-
AP Business Writer              the book as we are selling     stock, Ga. Sales at FoxTale Book Shoppe have increased between 15 percent and 25 percent a
NEW YORK (AP) — When            the experience,” she says.     year since it opened in 2007 despite nearby big box competitors, including a Barnes & Noble that
people line up at a cof-        The success of indies is       opened in 1995, says Ward.
fee shop for their morning      something perhaps experts
brew or crowd a bookstore       couldn’t imagine a few de-                                                                                                          (AP Photo/John Bazemore)
to meet a famous author,        cades ago. In the 1980s,
don’t assume they’re pa-        when big box stores be-        Edward Fox, a marketing          they planned to engage         cial products. They’re also
tronizing a national chain.     gan proliferating, and after   professor at Southern Meth-      in. Because Kiddles is well-   ready to help customers
Many independent stores         Amazon.com went online         odist University. For exam-      known in Lake Forest and       whose pets are more exot-
have been able to survive,      in the 1990s, independents     ple, a shopper might look        nearby communities, po-        ic than cats, dogs, guinea
thrive and even launch in       began disappearing. The        for a dress at a department      diatrists and physical thera-  pigs and birds.
spite of competition from       Census Bureau counted          store, not find anything suit-   pists recommend patients       “We’ve had people walk
big box retailers like Wal-     nearly 990,000 retail es-      able and hear from a staff-      buy shoes at the store.        in with snakes, lizards, pigs
Mart, Barnes & Noble and        tablishments with under 20     er, “that’s all we have.”        “People trust us to help       and sheep,” Fedelem says.
Home Depot. Indies are do-      employees in 1992 and just     “A boutique owner might          them choose the right bike     Independents can also
ing this by becoming more       608,000 in 2013.               say, ‘I know a place where       or shoe,” says Shlifka, who    flourish even when the
a part of the fabric in the     In some areas, soaring         I can get it, or I have a        adds that the services his     big corporate competi-
communities they serve,         rents accelerated the          vendor who can get you           store provides have helped     tor operates small stores
offering more personalized      trend. Economics profes-       something,’” Fox says.           revenue increase between       — Starbucks has more
service and unique ambi-        sor Carlena Cochi Ficano       Personalized service is          2 percent and 4 percent        than 12,500 U.S. stores and
ence than the bigger guys.      of Hartwick College in New     critical to Kiddles Sport’s      annually in recent years.      plans more, but indie cof-
For instance, at FoxTale        York estimated in 2012 that    longevity. The Lake For-         Many independents have         feehouses thrive. In New
Book Shoppe in Wood-            on average, between 4.4        est, Illinois, sporting goods    survived by offering unique    York, Steven Leven and his
stock, Georgia, the strat-      and 14.2 retailers closed      retailer, which has been         merchandise.                   partners are opening their
egy is building relation-       within 15 months of a Wal-     in Aric Shlifka’s family for     In Portland, Oregon, Nancy     fifth New York coffeehouse.
ships with customers and        Mart store opening nearby.     nearly 50 years, doesn’t         Fedelem’s two pet food         Their first, 71 Irving, has
the community. The staff        Meanwhile, at most, an av-     have room for as many dif-       stores stock brands not        been in the Gramercy Park
spends time chatting with       erage of 3.5 small retailers   ferent baseball gloves, ath-     likely to show up in chains    neighborhood for 20 years
customers about books,          opened during that time.       letic shoes and other items      like Petco and PetSmart        and grown despite the
knows customers’ tastes         But in recent years, shop-     as stores like Dick’s or Sports  or supermarkets. Her first     presence of two Starbucks
and recommends books.           pers have veered away          Authority.                       store, Salty’s Pet Supply, is  within a five-block radius.
It also holds writing classes   from big box retailers, and    So as its competition grew,      11 years old and Fang &        Leven says his coffeehous-
and events like parties for     many stores have closed.       it began selling custom          Feather is 4. Her revenue      es cater to what customers
authors, especially those       Indie bookstores have          merchandise like uniforms        has risen an average 15        want. The company roasts
who live in the Atlanta         benefited from the de-         for local teams. It also be-     percent a year.                its own coffee. The menu
area. While many book-          mise of Borders’ 640 stores    gan providing services like      Fedelem’s inventory and        of breakfast pastries, sand-
stores hold meet-the-au-        and the closing of more        analyzing customers’ gait        the staff’s knowledge of       wiches and salads chang-
thor events, FoxTale period-    than 150 stores owned by       to be sure they bought the       what’s in the food appeals     es according to customer
ically rents a theater across   Barnes & Nobles in recent      right shoe for the activity      to people who want spe-        requests.q
the street, turning it into a   years. There were 2,227 in-
bigger event.                   dependent U.S. bookstores
The store also has an eclec-    last year, up from 1,651 in
tic look. It is decorated with  2009, says the American
antiques and a bicycle sus-     Booksellers Association, a
pended from the ceiling         trade group. And there
in the children’s room. It’s    may be more opportunities
intimate; at 1,500 square       for indies: Published reports
feet, it’s less than a tenth    have said Sports Authority,
the size of a nearby Barnes     which has been struggling
& Noble. As a result of its     to make its debt payments,
small-bookstore feel and        may close 200 of its 450
personalized services, sales    stores Indie retailers that
at FoxTale have increased       survive are able to pro-
between 15 percent and          vide a personal touch that
25 percent a year since it      a big box retailer cannot
opened in 2007 — despite        because they must com-
Barnes & Noble’s proximity,     ply with corporate pro-
co-owner Ellen Ward says.       cedures, can’t offer says
   2   3   4   5   6   7   8   9   10   11   12