Is there any truly "local" retail left?
Sep. 24th, 2006 05:01 pmI was just ruminating on the disappearance of many local and regional retailers and companies with decades of service and tradition behind them in the wake of corporate consolidation. Frex, here in the Atlanta area the Rich's chain of department stores was eaten a couple years ago by Federated Stores, which replaced them with co-branded Rich's-Macy's stores and then finally with just the Macy's brand. Where I used to live some years back in the Washington, DC area, People's Drug got subsumed by the CVS behemoth and Woodward & Lothrop, a local department store chain, and Hechinger's, a hardware outfit, simply got driven out of business entirely by Hecht's and The Home Depot, respectively. And in my home city of New Orleans, Rite Aid earned my undying enmity by buying out and obliterating the fine old K&B Drug Stores chain after having promised to retain the name in some fashion. This after Dillard's department stores ate both D. H. Holmes and Maison Blanche in that same region.
Then, of course, there's the whole banking and telecoms industries, which are seeing fish get swallowed by bigger and bigger fish repeatedly. In DC, Sovran Bank got eaten by NationsBank, which in turn got eaten by Bank of America; and here in Atlanta BellSouth, one of the last remnants of the old Bell System, is about to get eaten by the new Frankenstein's monster created from the merger of SBC and AT&T's long-distance business. Also here, SouthTrust Bank had just barely completed their big new HQ building when they got eaten by Wachovia and had to buy a big new sign to replace the first big new one they'd just put up. Even in the city of my birth, Lafayette, LA, most of the old local banks' names are gone, replaced by out-of-town super-regional banks such as Hibernia and BankOne.
So I was wondering: do y'all have any favorite local stores or businesses that died off or were killed in this fashion that you miss? How much of your area's unique regional character remains...and how much has been destroyed by the metastasization of corporate gigantism?
Then, of course, there's the whole banking and telecoms industries, which are seeing fish get swallowed by bigger and bigger fish repeatedly. In DC, Sovran Bank got eaten by NationsBank, which in turn got eaten by Bank of America; and here in Atlanta BellSouth, one of the last remnants of the old Bell System, is about to get eaten by the new Frankenstein's monster created from the merger of SBC and AT&T's long-distance business. Also here, SouthTrust Bank had just barely completed their big new HQ building when they got eaten by Wachovia and had to buy a big new sign to replace the first big new one they'd just put up. Even in the city of my birth, Lafayette, LA, most of the old local banks' names are gone, replaced by out-of-town super-regional banks such as Hibernia and BankOne.
So I was wondering: do y'all have any favorite local stores or businesses that died off or were killed in this fashion that you miss? How much of your area's unique regional character remains...and how much has been destroyed by the metastasization of corporate gigantism?
no subject
Date: 2006-09-24 11:02 pm (UTC)Most of what's hurting our local, neighborhood-based stores is malls in large complexes that make the neighborhood shopping districts less of a destination. So some shops close because that extra little bit really mattered, and others move to the malls where they then get lost in the noise of all the big places. It's sad; I walk down the main street of my neighborhood and there's not as much there as there used to be.
Megamergermania
Date: 2006-09-25 12:43 am (UTC)The thing I find most ironic is (1) the number of banks that I never heard of before, apparently just starting up around here, plus (2) the number of new brick-and-mortar bank buildings being built! Here I thought the Internet was going to eliminate face-to-face banking [as it basically has for me; other than the rare use of the credit union service center for certified checks and certain deposits I want to make absolutely sure happen, I haven't been in a real physical bank since... at least 20 years ago].
no subject
Date: 2006-09-25 02:18 am (UTC)In NOLA you forgot Delchamps that went under. Along with how the mega WAL-Mart eats everything in its path.
What ever happend to "Mr Jingle" anyways?
no subject
Date: 2006-09-25 04:28 am (UTC)no subject
Date: 2006-09-25 05:11 pm (UTC)Sure, they kept the name, but the first thing they did was to sack all the Jenners' buying staff (after promising there would be no redundancies) - so now instead of the quality unique merchandise the store was known for, they're selling Fraser's brand name merchandise. That's not to say that Fraser's stuff is *crap* - just that one would prefer to have a more varied choice....... and as House of Fraser have a store at one end of Princes Street, and Jenners is at the other end (less than a mile away), sooner or later one suspects they'll close one of them down.
no subject
Date: 2006-09-25 06:05 pm (UTC)I have mixed feelings on the chains -- they squeeze out lone stores and tend to homogenize the country, thus making it much harder for new ideas and practices to spread...but they do increase baseline quality a fair bit, providing a consistency that can often be better than the previous norm for an area (of course, they'll also lower their services once they gained a monopoly in an area, and while -some- of what they're selling is a certain level of baseline quality, their other advantages -- name recognition and economy of scale due to selling the same thing everywhere, aren't things that I find appealing). In general, they're much better for things that really benefit the consumer on these levels (drug stores, frex, and to a lesser degree, supermarkets) and worse when the individuality of the market is part of the point -- but they will also do somewhat worse in those situations (despite the prevalence of chain restaurants, you won't see them squeezing out local restaurants any time soon on a wide scale -- unique restaurants have a market all their own!
no subject
Date: 2006-10-02 02:44 am (UTC)I miss Woolworth's.
no subject
Date: 2006-10-02 02:38 pm (UTC)no subject
Date: 2006-10-02 09:37 pm (UTC)Thanks for the heads-up!