Barnes and Noble Bookstore Chain Put In Play
suraj.sun sends in word that the country's largest bookstore chain, Barnes and Noble, will put itself up for sale. "The news surprised analysts and alarmed publishers, who have watched as the book business has increasingly shifted to online retailers and e-book sales, leaving both chains and independent sellers struggling. ... For years, Barnes & Noble has been battered by large shifts in the publishing industry and the retail environment. Book sales have moved toward big-box stores like Costco, Wal-Mart and Target, and away from mall-based stores like B. Dalton, which Barnes & Noble acquired in the late 1980s. 'There's been a long series of pressures,' said David Schick, managing director at Stifel Nicolaus in Baltimore. 'The market has not been kind to bookstores, and it's for new reasons like competition with Apple and Amazon, and it's for old reasons, like what we believe has been a decline in reading for the last 20 years. Americans have devoted less of what we call media time to books.'"
I sure feel great about my Nook purchase this week.
Proud member of the American Non Sequitur Society. We might not make much sense, but boy do we love pizza!
It is extremely hard for our kids to even have an opportunity to learn to love books! They are exposed to so many competing media at such an early age that books get relegated to schools as something they use. I teach and every year it gets harder and harder to get kids to read the simplest of texts. It is very sad as books offer a very personal relationship and intimate relationship with characters that no other medium can provide.
I've always sworn that I'd never become the old fart who's confused in the world of modern technology, but I really miss being able to walk into a record store and flip through the endless racks of LPs or CDs. I suppose I'm going to miss book stores too, when that day comes not too long from now.
Sheesh, evil *and* a jerk. -- Jade
Last time I went into a B&N store I was looking for something to read on an intercontiental flight, I found something but a quick check on amazon.com(not even bothering to look for anything that may even be cheaper) they had about a 50% markup and thats not even including the sales tax(shipping from Amazon was free). Now I understand having to pay a couple of bucks more for the convenience of walking out of the store with the book, but 50% is just insane. Their online store isn't much better, 95+% of the time they are considerably more expensive than amazon. They aren't dying solely because of factors outside of their control, they are dying because they feel entitled to margins that the more successful players in the industry have known to be unreasonable for a long while.
Monstar L
And, with this shift, we will see the resurgence of the mom and pop bookstore that sells new and used books in a loving environment which was previously squeezed out by the mega chains. And I'm fine with that.
Sadly, we'll also see the resurgence of those bookstores with five cats wandering around the store making the place smell like stale cat urine. I'm less fine with that...
Norman Spinrad has some interesting points about how the publishing and book sales businesses operate. They're like the music industry, only a lot worse in how they calculate the acceptable level of risk... even if an author has proved to be a fairly safe bet.
I love reading, unfortunately I don't make enough time for it. I consider myself a very technical and electronic-savvy person. However, I have no intention of purchasing eBooks anytime in the future. There is something about owning a paperback and curling up with it as you flip through the pages. eBooks lack this personal touch. Browsing an online catalog doesn't compare to rummaging through the stacks and perusing a bookstore's inventory. It scares me greatly that we may, within my lifetime reach the point where we see the closure of the last brick and mortar bookstore.
It's very possible that old LIFE book came from a mom-n-pop store that also sells online. I know a woman who has a small bookstore in upstate New York and she keeps the actual storefront open to give her a place to go (she's pushing 80), as a place for book readings, but also as warehouse; she sells most of her stuff via Amazon, with apparently one or two really rare things going on ebay.
If anything, it was a brilliant move on Amazon's part to adopt this model; now lots of mom-n-pops can stay open and be more of a social place (if only for the cats) and still have give people the opportunity to browse.