Survival Strategies for Booksellers
Friday, March 25, 2011
In the 1990s, independent bookstores were being put out of business by mega-chains. Now the chain bookstores are struggling: Borders filed for bankruptcy, and Barnes & Noble stock dropped 50% in the last month. With Amazon selling more Kindle books than any other format, the age of the eBook is finally upon us, and no brick and mortar bookstore is really safe. Studio 360’s Eric Molinsky looked into how some independent bookstores plan to survive.
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