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Old 03-14-2017, 02:05 AM   #70
Fbone
Is that a sandwich?
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Quote:
Originally Posted by fjtorres View Post
Now, if we were talking Borders, who farmed out their online business to Amazon until it was too late, then yes, Amazon had an advantage. But B&N was actually doing fine both at B&M and online until 2010. That's when they started shooting at their own boots. Sometimes while wearing them.
Tech greatly expanded around 2010. They had competent competitors. Development of in-house tablets, Android and iOS apps that needed constant upgrading each year to keep up with OS changes.

They had to weather a recession then skyrocketing commercial leases.

Then the self-publishing industry took off. Instead of earning $5 per book they received a few pennies. Very challenging unless one has good management with access to lots of capital.

Of course, B&N isn't the only retailer struggling. Bigger and better have and will continue to fall.
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