|
By Nate Leskovic
Special to the Reporter
As the current financial crisis sends an
uncertain nation scurrying for shelter, Four
Corner's MOD Boston boutique is in the midst of a
confident expansion that will add a men's section
and an online store in time for holiday
shopping.
Owner Patrick Targete's combination of
entrepreneurial skill, creative marketing and
community involvement - along with the keen
fashion eye of manager Janeen Williams-Casey - is
propelling the Washington Street shop forward and
solidifying it as an anchor of the
neighborhood.
"That's what's keeping us in business," said
Targete.
MOD Boston offers dresses, tops, jeans and
accessories - in sizes for all body types - with a
focus on women in their 20s, 30s and 40s.
Williams-Casey - who previously worked with
Filenes, Neiman Marcus and director Spike Lee -
said the goal is to be unique and one step ahead of
the trend.
"We're not just pushing clothing," she said.
"Customers come here not only for a look, but for
an image. We maintain exclusivity with pieces they
know you can't find anywhere else."
The boutique's success has caught the attention
of cable's Neighborhood Network News, which
recently did a shoot at the location. Shelly
Goehring, Four Corners Main Street executive
director, said MOD Boston's savvy business strategy
is an example for others during the economic
downturn that has already hit the area.
"It didn't take Lehman Brothers tanking to cause
an issue," she said. "As soon as the foreclosures
started, we started feeling it. If you have people
losing their homes, you have less shoppers."
Along with an expanding fashion line of its own,
MOD Boston actively engages the community to ensure
it's a go-to spot when women need something for a
special occasion &endash; be it a party, a night at
the club or a business engagement. The store
markets regionally and its logo is often on event
flyers. An e-mail list keeps clientele updated on
sales and new products.
"Cross-promoting has been key," said
Williams-Casey, adding sometimes they have special
nights at the store for social groups like book
clubs or sororities. "It's not just about coming
here to buy, it's about the experience and coming
back."
Four Corners Main Street's Goehring said the
neighborhood has yet to lose a business, though she
is concerned about some that are just hanging on.
Closing shops could reverse the positive
development trend of recent years.
"The fear is that there may be more open
storefronts, which would impact the quality of
life," she said, adding that more desolate streets
would discourage investment and potentially
increase crime.
In addition, difficulty in accessing capital
brought on by the crisis could result in less
infrastructure and housing development - further
reducing customers. Goehring said innovative
businesses such as MOD Boston may be the answer to
making it through tough times.
"The way you've always done it isn't necessarily
the best way to survive," she said.
Other factors work in MOD Boston's favor.
Targete owns the building, which helps keep prices
down. He also hires college interns who want
experience learning about business.
MOD Boston was born in 2005 when Targete, who
has a real estate development business, decided to
diversify his portfolio and open a shop in one of
his vacant buildings.
He redid the storefront with elegant silver
pillars and a full-glass display that causes
double-takes. The interior's exposed brick walls,
colorful artwork and wood floor is equally
inviting. MOD Boston looks like it should be on
Newbury Street, which Targete said is a common
comment.
"What I've learned from my real estate
experience is if you create a nice store, you're
going to keep good clientele," he said. "In retail
you judge the book by its cover."
MOD Boston is deliberately not on Newbury
Street, according to Targete. He grew up in
Mattapan and was often forced to travel to get what
he wanted.
"When I had the chance, I wanted to give back to
the community," he said.
Targete credits his team of designers, stylists
and marketers he works with for much of the
success.
"I try to be the umbrella," he said. "The key is
making sure you have the right people on
board."
Targete will maintain this philosophy as MOD Men
opens next door and doubles the boutique's size. He
said women often bring their boyfriends and
husbands along when shopping and adding a men's
section was a natural move.
The online version of MOD will feature the same
apparel sold in-house.
"It will take us to the next level and
worldwide," said Targete. "I can only sell so much
with 2,000 square feet."
Back
to Reporter Home Page
|