How local video stores are scrambling to survive

According to a June report by the market-research bible IBISWorld, there are approximately 10,000 independent stores in the U.S. that rent movies and video games — down from nearly 24,000 such operations in 2004. So what does this mean for the remaining independent video stores? Many of them consider financial subsistence a new reality of the business, and pin their hopes on an experience that can’t be matched by streaming services: a physical space for people to talk and learn about movies, knowledgeable staffs, and vast catalogues of rare titles on VHS tapes and DVD.

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The key challenge is getting people in the door. Film screenings in the low-ceilinged basement of San Francisco’s Lost Weekend video store (pictured) draw meager crowds, so the owners offer their stage to stand-up comics several nights a week. As many as 35 fans turn up, pay a $5 or $10 cover, and buy some candy or a soda during the show. Profits are minimal, but over time, the shop has begun to see itself not just as a fledgling business but perhaps resembling what it used to be: a neighborhood social hub with cultural capital, according to store co-owner Christy Colcord.

“In the last five years, we have become more like a barbershop. People befuddled by all the change are coming in to talk,” said David Hawkins, another co-owner of Lost Weekend. “People are getting tired of sitting at home and having everything fed to them. This is a place to go and wander around. We’ve had people get married from meeting in here.”

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