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Mon Jan 7, 2013, 10:05 PM

 

The wrong goodbye of Barnes and Noble

The wrong goodbye of Barnes and Noble

by Dennis Johnson

Maybe youíve noticed that there seem to be a lot of Barnes & Noble superstores closing lately? Not just stores in remote locations (like, say, this one in rural upstate New York), but in some of the nationís largest metropolitan shopping areas, such as Los Angeles, San Francisco, Philadelphia, Washington, DC, Seattle, Chicago, two stores in Dallas, another in Austin, and Manhattan. And thatís just in the last 30 days or so.

What had been a slow shrinkage as leases ran out ó a store here, a store there ó turned into an avalanche after Thanksgiving. Stores that should have been well-stocked for the holidays were instead out of inventory and passing time until the end of the year.

For a couple of years Iíve been predicting in column after column that B&N was eager to get out of the brick-and-mortar business of selling books, but seeing it finally kick into high gear was no fun. If you include the companyís college stores, this is going to mean 1362 bookstores disappearing from the American landscape ó less than two years after 686 Borders stores disappeared.

<snip>


http://mhpbooks.com/the-slow-death-of-barnes-and-noble/

One year, maybe 18 months is all I give B&N.

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Arrow 22 replies Author Time Post
Reply The wrong goodbye of Barnes and Noble (Original post)
RomneyLies Jan 2013 OP
marybourg Jan 2013 #1
quinnox Jan 2013 #2
RomneyLies Jan 2013 #4
Liberal Veteran Jan 2013 #10
Gidney N Cloyd Jan 2013 #3
RomneyLies Jan 2013 #5
Gidney N Cloyd Jan 2013 #8
RomneyLies Jan 2013 #9
ElboRuum Jan 2013 #21
TlalocW Jan 2013 #6
Buzz Clik Jan 2013 #7
RedCappedBandit Jan 2013 #19
Buzz Clik Jan 2013 #20
duffyduff Jan 2013 #11
RomneyLies Jan 2013 #12
nadinbrzezinski Jan 2013 #16
Nye Bevan Jan 2013 #13
JaneyVee Jan 2013 #14
rhett o rick Jan 2013 #15
quinnox Jan 2013 #18
SirChanceAlot Jan 2013 #17
Lone_Star_Dem Jan 2013 #22

Response to RomneyLies (Original post)

Mon Jan 7, 2013, 10:09 PM

1. Soon they'll be back to what they were

when I was a teen-ager: one store in Manhattan. Unfortunately I won't be back to what *I* was then.

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 10:18 PM

2. Looks like some new room for a book store superstore chain is opening up

 

Borders gone, B & N winding down, time for a new book megastore to rise and take over!

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Response to quinnox (Reply #2)

Mon Jan 7, 2013, 10:19 PM

4. I think the megastore is already out there

 

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Response to quinnox (Reply #2)

Mon Jan 7, 2013, 10:50 PM

10. Wal-Denbooks Superstore! With (censored books) on the left, groceries on the right....

.....and Always Low Prices....Always!

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 10:18 PM

3. I don't get it at all...

The B&N and Borders stores I've shopped in over the last few years have never had a shortage of customers milling about. The got the bodies in through the doors. They had lines at the checkout.
What part of that is not a successful business plan? How are they different from other chains in other lines of merchandise that pack in customers in the same apparent numbers?

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Response to Gidney N Cloyd (Reply #3)

Mon Jan 7, 2013, 10:20 PM

5. "free shipping for orders $25 or more"

 

http://www.amazon.com

The biggest problem is people browsed in the brick and mortars, then went home and ordered from Amazon.

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Response to RomneyLies (Reply #5)

Mon Jan 7, 2013, 10:37 PM

8. I don't think it's that simple.

It's not like with people using Best Buy to scope out stuff to buy online. I haven't seen a serious decline in customers in the store or at the registers. I'd like to see some real data beyond the conventional wisdom.

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Response to Gidney N Cloyd (Reply #8)

Mon Jan 7, 2013, 10:38 PM

9. Best Buy is on hte way out, too.

 

I give them the same 12 to 18 months.

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Response to Gidney N Cloyd (Reply #3)

Tue Jan 8, 2013, 12:38 AM

21. Perhaps it has to do with the investment climate?

I don't know if these companies are publicly traded, and I suppose I could Google that, but assuming they are, just because you have all of these people at the checkout doesn't mean you are adhering to growth projections. These days, unless you're growing by X% every year, you're not "keeping up".

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 10:21 PM

6. Kind of too bad

I like going to all kind of bookstores, libraries, etc., and each one gives me a different, "rush," when I walk through the doors including B&N.

TlalocW

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 10:24 PM

7. Well, the article in the OP may be falling on deaf ears.

You must go to a book store to know that it is closing or has closed.

Barnes and Nobles are closing because fewer people are shopping there, and it's a shame. I love book stores, and I really love Barnes and Noble. My daughter goes there and buys books (yes, some teens still love books). We sit in the coffee shop and just bask in the pleasure of it all.

This news sucks.

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Response to Buzz Clik (Reply #7)

Tue Jan 8, 2013, 12:21 AM

19. Maybe not

Could allow more local book stores to flourish, no?

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Response to RedCappedBandit (Reply #19)

Tue Jan 8, 2013, 12:26 AM

20. Excellent point.

Best bookstores in the world smelll like old paper and have a cat asleep in the window.

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 10:53 PM

11. Good ol' "eBooks"

Big, big scams those are, since you do not even OWN them.

I really, really, really hate the forcefeeding of virtual crap down my throat when tangible items are so much better and you actually own them.

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Response to duffyduff (Reply #11)

Mon Jan 7, 2013, 10:55 PM

12. Actually, I LOVE eBooks

 

I carry my library with me where ever I go.

I've got hundreds.

I get tons of them for free from here:

http://www.gutenberg.org/

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Response to RomneyLies (Reply #12)

Mon Jan 7, 2013, 11:56 PM

16. Here is one I recommend

Was a mandatory HS read...


The Underdogs, a Story of the Mexican Revolution by Mariano Azuela

It is worth reading and it's there.

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 11:08 PM

13. Bricks and mortar stores need to get creative and adapt.

B&N cannot compete with Amazon on price and selection. But they do have a nice cafe. Perhaps try to become more of a social destination? Have a restaurant and bar that serves dinner, beer and wine? I would love to go to a good dinner, with beer served, where an author was reading from a book and selling signed copies. Come on B&N, get creative!

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 11:09 PM

14. I love B&N, even though I have a Kindle, I still buy paper books.

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Response to RomneyLies (Original post)

Mon Jan 7, 2013, 11:48 PM

15. The end game of capitalism is here. Hold on to your asses. nm

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Response to rhett o rick (Reply #15)

Tue Jan 8, 2013, 12:04 AM

18. heh

 

nice way of putting it.

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Response to RomneyLies (Original post)

Tue Jan 8, 2013, 12:02 AM

17. Adapt or die

 

If you choose to adapt, do it quicker than the other organisms in your environment.

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Response to RomneyLies (Original post)

Tue Jan 8, 2013, 12:48 AM

22. Divine justice, or survival of the fittest?

Barnes & Noble, the mega bookstore that put so many independent booksellers out of business. I hated B&N for killing my old favorite quaint, eclectic book store. What I heard repeated most often was, if they can't keep up with what America demands they're going to cease to exist. I don't see them being able to compete long term in the ebook trade. Publishers set the prices on all major authors, so they have no leverage there. They don't offer the diverse stock Amazon does, so they can't lure in the volume of shoppers they can. Now there won't even be a cup of java and comfy chair to scan your books from. So I ask, divine justice or survival of the fittest?

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