"Highly profitable" Bay Street Video store n Toronto thrives
despite mainstream consumer shift.
"Located at 1172 Bay Street in Toronto at the base of a 1980s
luxury condominium tower, customers can walk into a time
machine to rent or buy their favourite movie for the weekend.
The location of the video store has been around for 40 years
and changed ownership in 1993 to Bay Street Video. Now, the
retailer is known to have the largest DVD collection in
Toronto.
"We are a very profitable store, we view ourselves as the
little store that could," says Dwayne Aylward, the Bay Street
Video store manager. "In this city, you see these types of
stores closing, and we are thriving. It really confuses people
when they find out we exist."
"Bay Street Video has close to 40,000 titles, a number you
can't find anywhere else.
"Customers can find newer movies, or you can buy an 80s classic
- there is something for everyone. Bay Street Video has the
largest collection in Toronto, and even possibly Canada says
Aylward. They offer thousands of titles in DVD, Blu-ray, and 4K
UltraHD.
"Video stores are becoming a dying industry and as streaming
services are on the rise, Bay Street Video is having a harder
time getting new releases on DVD.
"The biggest challenge is a lot of newer movies these days are
only available on streaming service," says Aylward. "People are
hearing about a movie, and we have to say that movie is only
available on Apple or Netflix. The hope is a company will get
the rights to the movie and put it out on DVD, but that is not
always the case."
More to the story, with some photos:
https://retail-insider.com/retail-insider/2022/06/highly- profitable-bay-street-video-store-in-toronto-thrives-despite- mainstream-consumer-shift-interview/
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