A couple of years ago the famous bookstore, Borders ran out
business. Barnes and Noble took the lead when it came to bookstores providing a
good variety of books to their customers across the nation.
Sadly, Barnes and Noble is been talked about as being the
next one in line in running out of business. This article explains that the
Nook sales have been weaker than before and due to this reason, Barnes and
Noble is shutting down some of it stores including their high profile outlet in
DC’s Union Station.
The author highlights in the article, that closing stores is
a good way to save money and it is largely due to the fact that all customers
are turning to Amazon to buy books. This is due to two reasons. First being,
they can buy used books for half the price and the second that they don’t have
to go anywhere physically. Just by sitting on their couches, sipping their tea
they can order books online, that too for half the price.
The only sector in which Barnes and Noble is making money is
through their college bookstores business.
http://www.thedailybeast.com/articles/2013/02/06/why-is-barnes-and-noble-getting-out-of-the-bookstore-business.html
2 comments:
Kind of sad to see, but not that surprising. Barnes and Nobles is so expensive and I feel like for every B&N I pass, there's always a Half Priced Book nearby. Same thing goes for Amazon as you mentioned, it's just too easy to get a used book in good condition for CHEAP to keep buying from B&N in my mind.
This article perfectly reflects the ongoing trend where people lean towards the digital world when it comes to books. With the invention of the eBook readers, people no longer to feel the need to have physical books in hand. Realizing this as an opportunity, Amazon has done an amazing job in releasing the Amazon Kindle along with the Amazon bookstore. Its success has sent many of its competitors out of the market.
Post a Comment