From the graffiti coloring books, to the mutant Simpsons figurines and abundance of anime plush toys, Yoyamart is a small trendy children’s boutique somewhere in-between the tourist-filled streets of the Meatpacking District and the residential calmness of the West Village. It is a small toy store that has made a large impact in the area.Its exclusivity to the neighborhood makes it stand out to many of its residents. “It is just so original,” says Linda Marrow, 35, “It is my go-to spot for cute but beautiful and intricate things. I have a lot of artist friends and they love the creativity of the toys, I’m sad to see it go.”
After 10 years on Gansevoort Street, Yoyamart has become one of the neighborhood’s many victims of gentrification. The increasing popularity of the once abandoned neighborhood has caused the store to conjure up a new business plan that includes leaving their current location and its rent increases behind. “I love the shop but I don’t believe many people would know about it if they didn’t live here,” said Marrow.
Yoyamart is a product of its former partner Yoya, which first opened in 2001 in the aftermath of September 11th. Yoya was originally owned by two married couples, The Gerbiers and the Villegas. They wanted to combine art and fashion to create a high quality baby store without coming across as kitschy or old fashioned.
The original store, which is only a few blocks away from Yoyamart became very successful , it was voted New York magazine’s “Best Kid’s Store” in 2002 and since has been featured in numerous magazines and TV shows. Many celebrities such as Julianne Moore, Liv Tyler and Hugh Jackman have shopped there.
Buoyed by Yoya’s success, two years after its launch, Stephane and Gena Gerbier were interested in opening another location, but for a different type of cliente. “Yoyamart [was] for the older kid but also for the kid in the adult” explains Josephine Ledda, part-time manager and senior sales associate for three years. “Stephane was a dad who saw the possibility in having a store with an eclectic mix with a common theme of remaining hip but since the two stores had such different aesthetics that eventually it made sense for them to split, amicably of course.”
Yoyamart has become a West Village staple. “With each holiday, or fashion week, certain regulars make sure to stop in and pick up the latest things for their children and themselves,” Ledda said. The store carries an array of clothing, jewelry and rare collectables that are hard to find anywhere else.
There is an entire wall of Kid Robot, Tokidoki, BearQee and various other collectable figurines. They vary in design but all share a similar aspect of being hard to find. Items start at $1 and can go as high as $3,000. “If there’s a price range you’re looking within, we’re more than happy to help accordingly which I think separates us from most of the stores in the meatpacking district in general, let alone the kids stores in the area, like Marc Jacobs Kids,” Ledda explained.
The store attracts a wide range of clientele as well. From tourists who strayed away from Meatpacking, to neighborhood regulars, to celebrities including Uma Thurman, H. Jon Benjamin and Alton Brown. “Yoyamart is different in that the business model isn’t dependent on a plethora of customers but instead what one customer in particular feels like,” Ledda said.
Yoyamart carries something for everyone, while still maintaining a hip, young atmosphere, which is a very different standpoint on what a toy store is normally depicted to be. “I like this store because it isn’t like any other toy store I think I’ve ever been to,” says Richard Leahy, father of two and local resident, “they have a great variety of really unique toys from all over the world and I think that’s more special than anything you can really find at Toys R Us.”
Despite it’s success, the store will shut down in January. “The company is looking to move and develop accordingly and is taking some time off after 10 years of a brick and mortar shop to rethink how we decide to brand,” Ledda explained. Options for the store include working through pop up shops for more flexibility, moving to a place like Los Angeles where there is more real estate available or simply investing more into the current website and having it be an online only store.
Shop Jeen is an online store that attracts a similar demographic to Yoyamart. While it tries to cater to a more teenage audience, Shop Jeen has the same idea in that it also carries hip and trendy toys, clothes, and accessories.
Erin Yogasundrum, the shop’s 22-year-old owner, started the company out of her college dorm room and what once was a side hobby quickly turned into a career when the site started getting over 1,000 hits a day. It has been mentioned in many publications and is currently in the running for being in Forbes 30 successful businesses under 30 .
A large factor in her success rooted from her minimal startup cost by basing her shop online. With her profits and revenue, Yogasundrum eventually saved enough to rent storage and took off from there. “I definitely think my strong online and social media presence are the biggest factors to my success,” Yogasundrum said in an interview “I think it’s a necessity for any small business now-a-days.” Shop Jeen’s business template is one that Yoyamart is attempting to mimic, and hopes to maintain similar success.
Ledda has done a lot of work in the social media for the store, which has roughly over 5,000 followers on Facebook, but does not get a lot of traffic through its online portal. “We keep trying to build and grow on it but it never got to the level that our Facebook page did. The premise was more to gain a fan base that would actually come into the store, rather than make it an online store. We wanted people to come in and gain the full experience,” she said.
While that logic would have probably worked some number of years ago, the ever-growing popularity of online shopping has had many business owners focusing on online only stores which has a lower start-up cost and makes their products accessible to a larger customer base. “I think whatever the next move may be, it is one that is keeping up with the times and with the way the world shops now,” Ledda said.