Thread: A city of 250,000 in US without a bookstore...
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Old 01-23-2010, 07:23 PM   #11
calvin-c
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Quote:
Originally Posted by vaughnmr View Post
B&N shut down a profitable bookstore because of their "overall strategy"...

http://www.cnn.com/2010/LIVING/01/22....html?hpt=Sbin

This leaves a city in the US, population 250,000, without a single bookstore. For anyone who would like to start a bookstore business, this would be a very good location.

I just can't figure out B&N. Who runs this company?
Sounds to me like it's run by an MBA. (Management By A.....)

It's not the first company that's shut down profitable stores. MBA's think they're too important to look at details, and as the article said, the B Dalton line as a whole was losing money-so let's not look at individual stores, just shut them all down. (K-Mart did the same several years ago. Bank of America did it before them. And those are only the ones I know about.)
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