Why are so many record stores still closing?

Discussion in 'Music Corner' started by radickeyfan, Jul 15, 2016.

  1. alexpop

    alexpop Power pop + other bad habits....

    A record stores holy grail is if someone kicks the bucket and his family give RS owner the deceased individual's collection.
     
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  2. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    A record store about 45 minutes away is amazing called Gerosa Records in ct.and great prices!
     
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  3. eddiel

    eddiel Forum Resident

    Location:
    Toronto, Canada
    This is what stops me from trying to sell my cds to local stores. Fair enough, they might not need some of the stuff I bring, but it doesn't stop it from being a hassle.

    My latest strategy is to put cds in a box that I want to sell and when I get to a decent number, I was going to offer them up online locally as a job lot. Even if I don't make much money I can at least save myself the hassle of a trip.

    I've also been toying with the idea of selling on ebay or discogs but only to Canada. A lot of my stuff are $5ish titles and if I stick with Canada only sales (due to postage costs) I should be able to net out with $1-2 per disc which is more than I would get locally for some of these.

    Unfortunately it would leave out one of the biggest markets, the US, so there is a downside to that. But it might be worth trying. With the UPC I can set up my auctions pretty easily and if I stick with just a quick picture of the disc (or not at all), it'll save me time. Then again, I sometimes think, all this work for $1-2 when I could spend my day watching Quincy M.E. instead? Maybe I should just throw them away? lol

    I do believe there is a market out there but accessing it can be difficult due to various factors.
     
    Last edited: Apr 15, 2018
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  4. alexpop

    alexpop Power pop + other bad habits....

    I would keep quite myself about a good record store:).. They must have a abundance of great titles!!!
     
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  5. alexpop

    alexpop Power pop + other bad habits....

    Buck a piece ?
    Lawn/garage sale.
    Get rid ( try to) other stuff while yer at it. Unless you've got some tasty item ..record stores aren't interested in CDs / DVDs ( even ).
     
  6. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    Oh they do and always getting peoples old records in everyday!
    Some records are a dollar and ones I’ve wanted in mint condition.
     
    alexpop likes this.
  7. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    But since my cds sound better now I haven’t been there in awhile.i miss my vpi scout though.
     
  8. alexpop

    alexpop Power pop + other bad habits....

    Brookfield ct.
    Looks like a large inventory
     
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  9. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    Oh yeah tons!
    Jazz rock metal country you name it!
     
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  10. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    Even if you lived States away it’s worth a visit!
     
  11. Dennis Metz

    Dennis Metz Born In A Motor City!

    Location:
    Fonthill, Ontario
    That’s why God created Amazon:cheers:
     
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  12. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    Amazon rules!
    I buy a cd or 2 a week with prime!
    Getting one in today!
     
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  13. tspit74

    tspit74 Forum Resident

    Location:
    Woodridge, IL, USA
    This is huge.
    And good luck selling anything that isn't the timeless seven (or 8 if we include those 2 Fleetwood Mac records) for more than a buck (if even that).

    Obscure and rare psych and krautrock is an easy lucrative sale but that stuff doesn't grow on trees and should not be built into the business model.

    Record stores will be gone in a year or two. For every one new person who discovers records and shops at a store, 1000 people in the same location sign up for Amazon Prime and order with their Alexa.

    Having owned a record store, there is soooooo much overlap in people's collections. Everyone and I do mean everyone, bought the same records. Everything that is not the timeless 8, bebop, obscure, or import is worthless. You may like Dream of the Blue Turtles, Asia, Allied Forces, Equinox, and Crisis What Crises. But they come in daily and never leave. Customers will pay $25 for Rumours over and over. But 95% of everything else is near worthless filler. It sure as shoot doesn't pay the rent.

    B&M relies on people physically shopping. Not enough people physically shop anymore. I don't see that trend shifting in favor of record stores.
     
  14. Danby Delight

    Danby Delight Forum Resident

    Location:
    Boston
    *shrug* And yet record stores keep opening and doing well here in Boston, where people still buy and sell LPs. We've lost one store in the last three or four years, and that was because the owner wanted to focus on her stand-up comedy career. She was still turning a profit when she shut down.
     
  15. Kal Rubinson

    Kal Rubinson Forum Resident

    Are they still in operation? I pass nearby occasionally.
     
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  16. eddiel

    eddiel Forum Resident

    Location:
    Toronto, Canada
    I think you'll find your going to be a tad off on your timeline estimate. :laugh:

    Seriously though, don't you think that's kind of on over the top estimate? I'm sure some stores will close between now and April 15th 2020, but all gone? Not going to happen is it?

    Not enough people physically shop anymore? Really?

    I think you're letting your own experience cloud your better judgement here.

    B&M stores are facing a tough reality and there will be some name brands that will fall eventually but the malls and shopping centres and the stores will be around for a very long time, at least in our lifetime IMO. They may be different to what we were used to but they will be there catering to new consumers.
     
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  17. Depends where you live maybe. There are 15 plus record stores in Seattle. Many of them are doing quite well. They’ve adapted and there is a vital music scene here. .
     
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  18. BuckNaked

    BuckNaked Forum Resident

    Location:
    Connecticut
    Indeed. And given the age of the baby boom generation, a lot of inventory will hitting the market over the next 20 years.
     
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  19. Channel Z

    Channel Z Forum Resident

    Location:
    Illinois
    I would put The Grateful Dead on this list also.
     
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  20. plynthe

    plynthe in a snake back situation

    Location:
    los angeles, ca
    It's like divorced guys being down on the concept of marriage- hot take!
     
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  21. plynthe

    plynthe in a snake back situation

    Location:
    los angeles, ca
    Foot traffic. Very hard to keep good, used product in stock when you're one of THE tourist destinations in the city. Even worse in Hollywood.
     
    Matthew Tate likes this.
  22. Dave S

    Dave S Forum Resident

    That's not why I like stores.

    1) I enjoy browsing.
    2) Often I will buy things I didn't realise I wanted. Or didn't know existed.
    3) I'm looking for rarities that can be expensive online or even non-existent.

    The reality is that used prices for most CDs is very low. Even for someone who hoovers up CDs most weeks, there are still plenty of good albums that I will leave in the bins, even charity shops.
     
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  23. Dave S

    Dave S Forum Resident

    It's very hard to keep good, used product in stock period.
     
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  24. troggy

    troggy Papa-Oom-Mow-Mow

    Location:
    southern Illinois
    Was that Weirdo? I visited Boston just a couple of months after she closed.
     
  25. Scott Sheagren

    Scott Sheagren I’m a Metal,Rock,Jazz Fusion,Gaga type of guy.

    Location:
    06790
    Hell yeah they have tons of vinyl for great prices.rock jazz metal blues rock pop
     
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