|Posted on October 24, 2019 at 5:35 PM|
We are living in an age of decline. Places we go to shop and buy things are moving and even worse declaring bankruptcy and closing. All over the country shops are one day whistling dixie with sales and happy customers only to be closing up because they can't meet demands. Why is this? Just why exactly are our favorite places to shop and places we visit frequently closing so abruptly? There are several reasons for this but perhaps the worst part is when the place not only closes but doesn't become something new but stays empty and abandoned forever showing the sad decline of our businesses. If it were up to us as customers, as frequent buyers or even just as people we would have all our favorite shops stay open so we could go to them forever but unfortunately, this is not how the world works and more importantly not how business and growth works.
So why is there such a decline in stores and shops? The big one is adapting and reaching goals. Sure, it was easy to meet your goals financially ten years ago but when the cost and demands go up so do the prices and before you know it the stores have to close because they cannot meet these goals. Then there's the sad but true "out with the old and in with the new", where a place that was once flourishing in sales and people suddenly had to close up shop because a bigger and better place put it out of business. The biggest example of this is Wal-Mart which has seen a rapid increase in openings only to see small shops that have been around for 100 years forced to close because they can't compete with Wal-Mart.
Then, of course, there's the internet. These days people think to themselves all too often, "why would I go out and get something for that price when I can stay home and order it for half the price and have it on my doorstep in 5 days?" This has become the normal where Amazon is the retail and shopping king while places like Sears, K-Mart, Circuit City, and Toys R' Us don't meet expectations and are forced to close.
Call me old fashioned but I like walking into stores, walking and window shopping around malls and buying things. Sure I also shop online but I don't make it a priority I make it an option when I see fit. Not just stores and shops but also factories and businesses that have been around for years have closed because the demand for that product is no longer in need or even worse another type of product or material has made the other obsolete or no longer necessary.
To me, the worst reason a place goes under is that the technology/product has become old and there's a new type that is just way better than the original that has become expendable and sometimes useless. However, there is a solution to this that I believe many of these places don't do which is adapt. Sure, many of them don't see the end coming but for those that do, they should have or should adapt and make changes so they survive.
Yes, we like abandoned places but we love what we rely on more and if stores and shops do everything they can and keep up with current trends, styles, ways, adaptations and the latest way to make sales then there's no reason for them to fall under and close. I know this seems either too easy or easy for me to say as someone who doesn't own a multi-billion dollar business but these are the basic and true facts. If a company wants to avoid becoming an afterthought they need to keep up and adapt.
Finally, another way a place can prevent decline and closure and become left in the dust is to reinvent themselves. If there's a way or shred of a chance a place can still do what they do but reinvent themselves and make a profit then maybe there would be less abandoned stores and shops. In the novel, The Wax Factory, the place fell under because industrialism wiped the place need for wax out of existence. Yes, the place was abandoned for over a hundred years but when people remembered what it was and realized that wax was in use in more ways than it ever was back then the place re-opened, reemerged and reinvented themselves..at least that's the goal and idea the new curator has for the place.
Stores and shops will continue to decline because we as consumers are changing the way we buy and places are changing the way they buy. If old businesses or businesses that don't want to accept change don't get with it then they may become the latest Sears, Toys R' Us, and Circuit City, on the brink of decline and doom.