Monday, January 28, 2013
E-book growth may be slowing, but that doesn't appear to be making a dent in the viability of large chain bookstores.
Barnes & Noble reportedly plans to close a third of its stores over the next decade (link is to CNET, I work there proudly). That amounts to 20 stores closing a year over the next 10 years.
I've written in the past about how I found it likely that chain bookstores would go the way of record stores into obsolescence, even as smaller, independent bookstores still plug on into the new era. This development is a reminder that it won't take 100% e-book adoption to threaten the viability of brick and mortar stores.
And these closures could further speed the adoption of e-books as people lose their bookstores and are forced to find their books elsewhere.
The publishing landscape is going to continue to shift very dramatically over the next decade. What do you make of this news? Are you ready for the new era?
Art: The Bibliophilist's Haunt or Creech's Bookshop by William Fettes Douglas