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As we reported earlier today, the San Mateo location of Lee's Comics is closing after 29 years in business. We reached out to owner Lee Hester for more of the story, and he responded below: We wish him well with his remaining store in Mountain View.
There is a comic shop in NOLA (Metarie, really) that buys any used GN/TPB for 10% cash or 20% store credit (of the MSRP) and sells the GN/TPB for half of the MSRP.
This results in customers constantly needing to come into the store to check for new (possibly rare, OOP) stock. Results in high turn of merch, and lots of foot traffic. Worth a consideration for any store.
Refreshing to see a comics retailer that is closing a store as part of a planned business model based on the reality of retail evolution and not bitterly blaming publishers, customers, retail competition or any number of the common closing complaints we see. Best of luck to him with his future plans.
That’s the thing about retail, it’s constantly evolving and if you don’t evolve with it you’ll get left behind. It’s fresh to see a retailer accept this and not blame everyone but themselves.
Dan- there is a store in my area closing right now, and they are on their FBOOK page railing about how awful customers are right now. It’s sad.
I don’t buy a lot of old comics. If I do, it’s usually a PSA or a marketing premium.
What I do buy, and spend large amounts on, are books.
Generally, anything published before 1990, or, again, of a non-fiction genre.
That’s what I search for at conventions… the unusual. Not variant covers or the latest hot book.
Sometimes I’ll try to do the bargain bins, but it’s hard sometimes to find three books to meet the discount.
I’d like to see more comics shops become used bookstores.
That’s how comics shops started in the 60s… they were nostalgia shops, selling paper ephemera.
Old Life magazines, lobby cards, movie posters, dime store paperbacks, comics… That’s what I seek, and that’s why I tend to visit used book stores more than comics shops.
Perhaps we’ll see a comicbook version of Book Off, with miles of shelves filled with manga and graphic novels! (And toys and t-shirts and DVDs!)
Hmm… do many comics shops buy remaindered graphic novels (not Diamond clearance, but the stuff available to bookstores)?
I remember discovering Lee’s Comics hidden away off Central in Palo Alto. Then when they moved to El Camino, great location they had alot of great obscure independent comics. I only went to the San Mateo store a few times. Sorry to hear it closing down.
Gotta keep local ‘American’ businesses closed, and foreign multinational companies happy -that is the ‘American’ way: Wile this comic book shop closes, and pretentious bigoted Generation 911-snitches bash print mediums while they ignore the degrading livability in this fake country by staring at iPhones, Amazon is opening actual *book stores*, and Barnes and Noble are expanding their graphic novel sections (which should actually be labeled ‘Sequential’, but like most decisions that affect most ‘Americans’ the decisions must be made by out of touch suburbanites that have, or pretend they have, MBAs). Lee, you should go out of business. If you sit around and think you are making money in the 90’s (all based on b.s. Internet dot-bomb ponzi schemes, and excessively low interest rates) while Costcos and Wallmarts, and Targets were popping up like weeds, and local, people oriented (not today’s car oriented) main streets that enabled local businesses were crumbling. Lee, after the WTO protests in 1999 everyone has had their balls in a consumer vice. Americans are meek, and weak, and apathetic, bigoted, xenophobic, traffic ridden consumers that pretend the USA still exists. Leek, keep not being involved in democracy, and peaceful protesting, and watch another store close… Seriously, since concepts like ‘cooperation’ are taboo in the USA, and traffic, and outsourcing, and bigotry are a priority, why would Lee not lose another store…???
Get a grip Che Guevara.
“It is peak”?
That’s QUALITY journalism, right there.
Did comic book stores 1972-1994 beginning as a founding partner in what we grew in to Comics and Comix. Dealing paper in a digital era is tough all over. I saw the future shock hand writing on wall back in 1994 and began making internet plunge back then. Since then have sold in to 68+ countries world wide