Thread: B&N CEO Fired
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Old 08-24-2016, 11:36 AM   #75
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Quote:
Originally Posted by fjtorres View Post
On the need for smaller bookstores:

It's gotten to the point where noted industry cheerleaders like Shatzkin have belatedly noticed that bookstores aren't traffic draws and haven't been for two decades:

[edit]

Still, he did get two things right:

1- big stores don't draw any better than small ones and often draw less. Which we've known around here since the last decade.
2- B&N is wasting precious time and resources trying to make big stores work.
This would require an extensive amount of market research. What may work in one locale will fail in another. Will people make a special stop to buy a book or two? What about areas where all the indie bookstores have gone out of business?

Or it could be retail in general. Too many stores and not enough people with excessive discretionary spending.
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