Originally Posted by Kali Yuga
Sears, Kmart, Best Buy are still around.
Circuit City and CompUSA over-expanded, a common problem for electronics chains.
E-commerce barely existed in 1994, when Amazon first got started. The Internet was still in the dial-up era, nothing like today's ubiquity and routine nature.
First-mover advantage is more a myth than a reality; consider how many "dot coms" of that era imploded -- and how Amazon would have been among the victims, if Bezos wasn't a shrewd borrower. Anybody remember this guy?
Sony, by the way, had an ebook reader long before Amazon or B&N, and they're now roadkill in the US market.
Plus, B&N did
get into ebooks fairly quickly, and have a reasonable market share. The problem is that the Nook business isn't profitable, and it looks like that won't be fixed any time soon.
I used to love that little dog puppet! Someone actually bought me a puppet of that for my birthday,lol.