Quote:
Originally Posted by DMcCunney
Convenience rules.
If I'm B&N, and I'm seriously thinking about acquiring Borders and can get the funding, I'lll have done my due diligence, and my first action will be to close a number of stores. They may not all be Borders - I'll want the best stores in the best locations, so B&N outlets might get the chop. But ultimately, what I'm buying is some economies of scale, some penetration of geographical areas I'm not in, and a reduction in competition for increasingly scarce customer traffic. Bookselling has been in a state of consolidation for years, and this would be just one more example.
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Dennis
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^_^ Convenience does rule. But I think I have 3 Starbucks on campus where I work. I would think that's too much, but they all always have lines. Seems crazy but if the sales are right...