Ah darn, I actually liked this business:
http://www.engadget.com/2011/02/11/borders-headed-for-bankruptcy-filing-according-to-wsj/ (http://www.engadget.com/2011/02/11/borders-headed-for-bankruptcy-filing-according-to-wsj/)
King
As I hard elsewhere, how much of this is epublishing and how much is simply Amazon type competition.
Quote from: Feathers on February 12, 2011, 10:04:03 AM
As I hard elsewhere, how much of this is epublishing and how much is simply Amazon type competition.
I'm sure it's mainly Amazon/online type competition. eBooks are still a small segment, but it is growing.
Quote from: Rico on February 12, 2011, 10:17:33 AM
Quote from: Feathers on February 12, 2011, 10:04:03 AM
As I hard elsewhere, how much of this is epublishing and how much is simply Amazon type competition.
I'm sure it's mainly Amazon/online type competition. eBooks are still a small segment, but it is growing.
Actually a lot of the storefront book business is being captured by WalMart. Barnes and Noble is struggling as well, Borders has been dead store walking for a while now, just like Walden Books was many years ago. I used to love Walden. I think there will continue to be a place for a traditional book store, people do still like the tactile aspect of books.
I think that existing mom and pop shops might benefit from this
Quote from: X on February 12, 2011, 12:43:33 PM
I think that existing mom and pop shops might benefit from this
How? The "mom and pop" shop in our town has been on the verge of closing its doors for a long time now, I suspect this year may kill them, unless you have a different perspective I'm not thinking of.
Its interesting (on a side note) how the E-Books are both helping and hurting how things are right now. On the one hand we have greater access to books and smaller publishers may be able to get books out there better. Apparently Romance novels are really taking off on the Kindle too from what I heard a month ago. On the other hand, stores like Borders will be closing their doors forever as E-Readers eat into their profits.
King
Mom and pop shops that I know of have steady customers. They would benefit hugely from Borders closing doors and those people still wanting to buy from a shop.
The Borders that I visit is constantly packed with long lines. Mom and pop shops in the same area would kill for a fraction of that business.
People that aren't buying online stand a good chance of hitting those shops.
Quote from: X on February 12, 2011, 07:10:52 PM
Mom and pop shops that I know of have steady customers. They would benefit hugely from Borders closing doors and those people still wanting to buy from a shop.
The Borders that I visit is constantly packed with long lines. Mom and pop shops in the same area would kill for a fraction of that business.
People that aren't buying online stand a good chance of hitting those shops.
Ahh right, why didn't I think of that. And your right ofc, they would kill for that type of business. However, out here in the rural areas, Borders and such closing their doors won't affect those stores since we have none. But it'll be interesting to see how it works out in the end of the year.
King
Is it possible that bookreaders are returning to the library in this economy? A borrowed book is free whereas even a paperback book has gotten kinda pricey.
That stinks. I actually prefer them to Barnes & Noble. I used to go to one where they'd have a jazz trio on Friday nights.
Apparently they had an international presence but I've never seen one. Some have suggested (over here) that their attempted internation expansion is part of the reason for their downfall.
Quote from: the_geeky_one on February 16, 2011, 01:03:57 PM
Is it possible that bookreaders are returning to the library in this economy? A borrowed book is free whereas even a paperback book has gotten kinda pricey.
I think you have a good point there. I know we get my daughters books from the library as shes growing up. I though tend to but from waterstones or Amazon. If its a new book i buy it from a shop if its a old book or one i need to do research and not care much for it I'll buy it on-line.
Also this is another reason why i wont go down the kindle path.