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Hearst Communications Closes Shop

Like many women, shopping is my cardio. I feel a personal connection to every item I purchase and a pain in my heart anytime I happen to pass by a boutique or shoe store that has closed its doors forever. That said, imagine the agony I felt this morning as reports of Shop, Etc.’s closing rolled in. Apparently, an adoring readership and praise in focus groups isn’t enough. Advertisers are the lifeblood of most publications, and a circulation of 675,000 simply wasn’t impressive enough to the advertisers that would have kept them afloat. For me, this closing is a double-pronged stab. First, as a shopper and confessed shoe-holic, the pages of Shop, Etc. provided me with eye candy even when I couldn’t leave my desk to go on a shoe binge. Secondly, as a beauty publicist who has to compete with advertisers for page space, the more mag pages out there, the better. Every time a publication shuts its doors, it lessens the opportunities for placements. I know what you’re thinking… how dare I lament the loss of placement space when there are people losing office space and very likely gaining more empty space in their bank accounts? My response: the space I occupy in my office is directly related to the amount page space I am able to acquire. Plus, the staff at Shop is so talented that I’m sure it won’t be long until I’m calling and bugging all the beauty girls at some other publication. Posted By Ivy

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This page contains a single entry from the blog posted on August 27, 2006 3:13 AM.

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