“Insomniacs used to read, but now they turn on TV and there’s 200 channels, with everything from the pope saying mass in Brazil to Girls Gone Wild to QVC selling cheap diamonds” – John Shaver talking about the closing of his shop, Shaver’s Books in Huntsville, Alabama, after almost 20 years in business.
“Your heart can lie to you, but your balance sheet won’t…The numbers reached out to me and said, ‘John, it’s time.'” says Shaver.
Shaver also points out that the old mantra for retail success – location, location, location has now evolved to price, price, price and there is no way he can compete with the big box retailers on price point.
Shaver will continue to sell books online and in a couple of antique malls.
Article in the Hunstville Times
Thanks to Shelf Awareness for the lead