Since the dawn of the new millennium, there is a ton of technology that has been rendered obsolete. Remember cassette tapes, floppy disks, and the Walkman? Today, they’re all pretty much useless. But, there is a thriving nostalgia market, and one of the holdouts that it’s fueling may surprise you: the video store.
Believe it or not, video stores are still out there. Both owners and customers say that the stores offer a variety of films that cannot be found elsewhere.
On who the modern video store customer is:
You know, we try to avoid using the word hipster anymore, but it’s people who like things local. The man in Austin, Bryan Connolly of Vulcan Video there said people in Austin really care about shopping local. They want local food, they want local everything. And for them, that trickles down to including supporting the local video store.
Geiger Smith on the strength of the video store market:
Some are doing better than others, but it’s definitely a tough market, you’re not gonna see these guys opening 8 new stores anytime soon. But, one opened in 2015 in Philadelphia. It was a gentleman who had worked at a store that closed, but thought he could do better opening a smaller store and combining it with a coffee shop. So he didn’t just open a video store, he knew that that wasn’t viable, but by combining the two he sort of found a market there that works for him.
Click the audio player above to hear the full interview.
“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VABEFORE YOU GO