Re:Paris's 400-year-old book stalls fight to survive
by OpticalWindows on Sunday January 03, 2021 @02:27PM
(#25624352)
The tourism industry is dead without local government support. It will remain on life support until COVID is over or the lenders decide to scrap it. Pivoting to a local market will likely result in less revinue and a lot more competition. Banks might see an opportunity in creating other jobs but I doubt they will invest with a lot of uncertainty.
The stalls are mostly filled with paraphernalia for tourists. You’ll find first edition French comics, old magazines from the 60s, some fancy hardcover books to gift.
It’s definitely not somewhere locals shop. It’s part of the local tourist experience.
What I’m getting at is that they’ve created a business dependency on a market that is currently dry, using goods that aren’t popular with the locals. They should definitely pivot to cater to a local audience.