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Chronicle of a death foretold
26.02.08
In January the iconic Pan Bookshop on London's Fulham Road shut its doors for the last time, after some 32 years in business.
Positioned in one of London's wealthiest areas, with a huge and very loyal customer base, regularly busy, even at nine at night on a wet Saturday, it was a shop that surely did not need to close. These were just some of the messages of support we received from the hundreds of customers who wanted us to continue trading:
- "When we found out Pan was to close, I told my husband we'd have to move; but where?"
- "If the staff do move to another location, please do let me know, as I will go anywhere in London to any bookstore they are running."
- "It will be like losing an old friend… What can we do to save this wonderful asset?"
Certainly, with dedicated staff, a great manager, and serious potential benefactors, surely we could have reversed any slide in our trading figures.
But Macmillan, the owners of this otherwise independent bookshop, felt differently. The shop's staff were not given the chance - and the owners were apparently unwilling - to try to save the business.
In the final days, as price cuts fuelled the emptying of the shelves, my own thoughts coalesced into more concrete conclusions that I hope could help any independent bookshop to avoid a similar fate. So the key lesson for any indie is: be prepared and willing to adapt, however secure the business seems. Don't wait until doom is knocking at the door.
In the threatening Amazon age of punitive rents and high street homogenisation, concrete practical measures to forestall any threat of closure must become a vital element in every indie's business plan.
Like what? Analyse what it is that makes your great independent bookshop so special for its community and make sure your bookshop delivers:
- an attractive space, that customers can feel they 'own';
- a place with room to breathe, for book signings, events and kids to play;
- a place where browsing means something, with signed first editions, small imprints and little known publishers to be discovered;
- a shop where a customer can come in with a vague idea of a book they're not sure even exists, ask about it and be told: 'Oh yes, we have a copy right here';
- a destination shop ideally with a café, long opening hours, a place to meet friends.
Obvious, yes, but don't add complacency to the list. Many good indies already deliver much of this menu, with excellent service. As did the Pan Bookshop, and it could quickly have adapted to incorporate more goodies. So why didn't it?
In the press release announcing the closure of the shop, just three months ago, Macmillan said it was in discussions with a potential new tenant. Yet when I walked past the abandoned shop yesterday, a large sign proclaimed: "Valuable shop lease for sale".
The truly valuable shop, beloved by authors and readers, has gone; leaving nothing but a commercially valuable site. If a major publishing conglomerate had dared to consult its staff, couldn't the Pan booksellers have preserved far more than their own jobs and saved a real cultural asset for their community? Could the dedicated staff and customers have saved it? In my next blog I'll explore exactly what we could have done.
Watch this space.
Comments on this article
By mightybookworm
If this shop can close, no great indie is ever safe: I have loved it all my life. Hope Philip will tell us how to better prepared next time, THNX and good luck in your next work.27 Feb 08 17:53
By JamesBookman
It is a shame to only now be 'exploring what could have been done'. Some of us have felt that the writing was on the wall for a long time. This was a great store, but it lost its iconic status years ago, infact when June left. Since then there was a decline in customer service and a lack of understanding about what could be achieved in terms of sales. I am sorry to say that it was often simply a mess as well. It is a tragedy that it has closed but ultimately if Macmillan paid closer attention then it might have never got into such a situation. Good luck to the new store opening nearby. It has fantastic potential and will be staffed by great people.29 Feb 08 17:42
By Greedybookworm
Very good article.Pan's closure reminded me of the last indie I worked for over two years ago. Like Pan, WordsWorth Bookshop in Camberwell serviced the local community, placing great pride in promoting local (many of whom being celebrity) authors, with signings and readings, as well as investing in a large area devoted to Children's books, and Black Interest, etc. It survived 15+ years of trading and would have survived longer, had the landlord not demanded exorbitant rents. A key factor is the relationship between landlord and bookshop owner. If bookshop owners cannot afford the luxury of owning their premises, then it takes a very understanding and willing landlord to enable bookshops to continue trading in the high street. Landlords aren't the enemy, but they do need to remember that their actions have consequences for the high street.03 Mar 08 18:18
By Sandy Critchley
Philip’s blog makes depressing reading and I look forward to reading his update on how things might have been handled differently to obtain a happier outcome. But I’ve witnessed the closure of so many independent bookshops over the past few years, most in places that you might assume could easily support them: Islington, Spitalfields, Shoreditch, Winchester.... Maybe the disease is too widespread and deep-seated to eradicate.13 Mar 08 11:48
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