So, it turns out my
local, relatively recently deceased Circuit City is now a Halloween Store.
I noticed this driving by a
couple of weeks back. At first, I put it down to some local entrepreneurial
type taking advantage of what I always thought was a pretty good piece of real
estate. But, as this article in the Boston Globe proves, it’s
actually part of a more fiendish strategy. (Apologies in advance for any and
all Halloween references throughout--'tis the season after all.) Now I was a
pretty big fan of Circuit City in its later years. I liked the last few designs
they put together, and thought they were truly trying to compete in the
category by differentiating themselves through new store concepts. It was
difficult to see them go, as it has been for a lot of retail in this latest
round of economic woes. And yet, despite that seeming to be the final nail in
the coffin, this latest incarnation gave me pause for thought. It's not just
Circuit City--there are some great spaces out there right now. In fact, I just
wandered by a Smith and Hawken the other day and thought, "Who's going to
take that?" And if nobody has the need for a whole portfolio of
properties, why not give them up to the opportunist? Okay, so it's not the
greatest of retail designs--some of the merchandising is, frankly, a bit weird,
and I have a sneaking suspicion the newly shrouded Circuit City disk isn't illuminated
at night, lest the old logo shines through the pumpkin that replaced it. But
that aside, for a few weeks at least there's been an event going on in my hood
that feels like retail should feel-- impromptu, spontaneous and actually pretty
fun. As the article puts it, Spirit--the company behind this little refit--has
raised 83 of the Circuit City stores from the dead. Well, if not maybe raised
them from the dead, perhaps breathed a little more life into what was starting
to feel a bit like a graveyard.
Of course, every positive
angle has a darker evil twin lurking in a closet just waiting to pounce. And
this one is no exception, as it seems there is another side to this tale. Turns
out these seasonal shops are putting a serious hurting on the year-round
costume businesses that rely on Halloween for a big chunk of their annual
revenue. And perhaps, justifiably, these stores can claim to be a part of their
wider community for the 320 days of the year when Halloween shopping is not a
big deal. In their words, the pop-ups "show up, make their money and
leave." Spirit has countered these claims by citing the almost $1 million
they have raised this year alone for children's hospitals in each of the
communities they enter. Any thoughts on the good and evil around this
particular story? Is this type of seasonal retail entering the mainstream? Or
is it, as Paul Ivice wrote in the TC Palm, just another bloodsucker for
mom-and-pop stores already under stress?
--Christian Davies, Guest
Blogger

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