The Chains are Breaking : A Look at Bookselling in a Post-Chain World November 10, 2008
The numbers are brutal. Hardly anyone bought anything in the month of October. According to the ICSC-Goldman Sachs index, retailers had their weakest October performance since the index’s inception in 1969! If this trend keeps up through the holiday season it is safe to say that January will become National Bankruptcy Month. How the economic meltdown will ultimately play out in the book world remains to be seen, but early indicators are pointing to a…
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