Quote:
Originally Posted by Fbone
The only other book retailer I know with cash is Hudson Group, now owned by Dufry AG, that has an online presence and is partnered with Kobo for ebooks. They may have wanted to expand outside transit locations.
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Makes sense; they're prettybig as is, but...
Wouldn't it be cheaper for them to just rent space and use their airport layouts?
They already have the publisher/distributor contracts and backend infrastructure (HR, warehouses, logistics, etc) in place.
That is why everybody is screaming : Indigo!
For them buying B&N cheap and downsizing it gets them the warehouses, logistics, contracts, and storefronts in one move instead of having to do the footwork themselves.
It can be argued that if B&N has any value left it is to a foreign player looking for a foothold in the US. Indigo, Waterstones, Bertlesmann, or somebody out of China.