Sunday, November 13, 2011
The End of Borders and the Future of Books (Businessweek)
Interestingly enough the conclusion of the article is that the bookstores in Nashville didn't fail because they weren't profitable, they were "undone not by the collapse of the local market but by the bankruptcy of the parent company".
Towards the end of the article the prediction is made that the bookstore concept has come full circle. That it is likely that smaller bookstores of 2,500 square feet will fill the void left by the implosion of the big book stores. I hope writer Ben Austin is right.
Read the whole article HERE.