Co-Op looks downtown for life after Broadway
By David Altschuler
"Stop by sometime and hatch a plot to overthrow the bourgeois capitalist
elite," reads the Co-op's first ad attempting to turn students away from the
Yale Bookstore and into their new store "in a cool, downtown setting" at 924
Chapel St. As the Yale bookstore battle heats up, it appears that the Co-op has
succeeded in luring one group of Yalies: freshmen.
In fact, according to Co-op owner Harry Berkowitz, around 70 percent of the
freshman class has already purchased Co-op memberships. That means hundreds of
frosh filling the new Chapel Square store--and business that has far exceeded
Berkowitz's expectations. "We've found a very positive response," Berkowitz
said. "I didn't know how much business we would lose. We will do more business
that I originally expected."
The Co-op's early success is thanks in part to aggressive marketing tactics to
bring frosh to the new store. A few days before Yale opened to the Class of
2001, freshman counselors were invited to a special reception at the Co-op to
acquaint them with the Chapel St. site. The scores of counselors who attended
toured the store, sampled free food and a jazz band, and were personally
greeted by Berkowitz.
In addition, the entire freshman class was mailed Co-op membership
applications over the summer so that they could immediately pick up their cards
when the store opened its doors. The Co-op also purchased a trolley that not
only advertises the new store, but on a more practical level, relieves students
of the burden of carrying heavy purchases back to their dorms.
Surprisingly, location has been one of the keys to the establishment's
successful start. "The Co-op is much more convenient because it's closer to
Bingham--and also because I already had my Yale Co-op card. I ordered my Yale
Bookstore card over the summer and it has not arrived," Anna Ziegler, BK '01,
said. "I went [to the Co-op] and it was just fine," Resa Schlossberg, DC '01,
added.
All of the Co-op's new initiatives aim to change Yalies' perception of the
downtown area. Although students used to trek downtown, the departure of stores
like Macy's and Conran's in 1993 and 1994 left the area without attractive
places to shop. "One of our greatest goals is to retrain people to walk in a
different direction," Berkowitz said.
However, as students begin to buy textbooks for their courses, the Co-op will
face its first real challenge. Yale's administration has encouraged professors
to place their orders at the Yale Bookstore, taking away a large portion of the
Co-op's textbook business. Although the Co-op has independently stocked up on
many titles which professors have ordered in the past, without most of this
year's specific course orders, students won't be able to rely on the Co-op for
all the books they need.
"The University decided that the space we had should change tenants. We are
no longer the store of choice to the offices of the University," Berkowitz
said.
With ties to Yale's administration severed, the Co-op will look to other
relationships with Yale for support. Psychology professor Peter Salovey sits on
the store's board of directors--in fact, all 15 members of the Co-op's board
have ties to Yale. These connections have helped the Co-op get textbook orders
for over 100 courses, including large lecture classes like Salovey's Psychology
110a.
The Co-op will also rely heavily on its personalized service in an age of
corporations and mega-chains. "When you run 500 stores, you don't run them as
you would a single operation. Our job is to service one particular area. [The
Co-op and the Bookstore] are two different organizations," Berkowitz said.
However, Berkowitz knows that the key to long-term success for new Co-op will
be a diverse clientele. "Instead of marketing fully to the Yale campus, we're
going to have to find different avenues of attracting two different audiences,"
Berkowitz said.
Macy's and Conran's alone brought an estimated $70-80 million of business to
downtown annually. Now, the Co-op hopes to tap into the old department stores'
consumer base and to anchor a revamped Chapel Square Mall. "We hope to get a
very significant slice of the New Haven pie," Berkowitz said.
Specifically, the Co-op hopes to attract the 7,000-10,000 citizens who work in
the downtown area and those who will soon move into Liberty Building near the
new Omni Hotel. Accordingly, the relocated Co-op has boosted its clothing and
housewares departments. A $250,000 contribution from the city and a $1.5
million loan from area banks are proof that the new store has the support of
the city behind it.
While the Yale Bookstore will surely take away business, Berkowitz remains
optimistic about the store's life after Broadway. "We've been here a long time
serving one of the greatest universities in the world. The [new Co-op] is a
more efficient, open space much more in tune with the concepts for building
retail stores today," he said.
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