Although Barnes & Noble faces few rivals in the brick-and-mortar bookstore business, analysts say consumers today have more book-buying avenues than ever, with online sellers, general merchandisers, discounters and wholesale clubs offering growing selections at low prices. The company was also late to enter the digital e-reader realm with its Nook device, which now must play catch-up to Amazon.com Inc.’s Kindle.
“Whether it’s television, Internet, Wal-Mart, Amazon or an e-reader, there’s always, it seems, a new attack on traditional book reading and buying in bookstores,” said David Schick, an analyst at Stifel, Nicolaus & Co. “It’s just one thing after another.”
via Barnes & Noble: A besieged giant – latimes.com.
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One Comment
I haven’t been in a Barnes & Noble for some time. Why? because it has 5000 copies of
“Twilight” and whatever it is most popular at the time. So I can’t find the medical dictionary I am looking for, or the new crochet book I want or even anything that’s not remotely on the bestseller list. I just can’t find anything I want or like, so it becomes easier to search on line for something. Sometimes I do want the immediate gratification of finding a book I want and buying it, but most retail bricks & mortar stores do not supply that need.