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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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Costco the Bookseller November 1, 2008

The current issue of Costco’s in-house magazine The Costco Connection features a look at their highly successful book department. The Costco book buyers call it “The Table” – the two rows of real estate within Costco where the 200 or so hand-picked titles reside. And it is from the success of “The Table” that Costco has become one of the top five booksellers in the country. Jeff Rogart, HarperCollins vice-president of sales, says of the…

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Barnes and Noble Gets Social October 28, 2008

Barnes & Noble has launched “My B&N“. It is the latest feature in their every expanding arsenal of online offerings. With “My B&N” users can now “create their literary identity, connect and share insights with other readers, discover and rate new products, and keep up to date on events in their local Barnes & Noble store on BN.com” says Tom Burke, executive vice president of e-commerce for Barnes & Noble.com. This pure social networking play…

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AbeAzon. Amazon’s Acquisition of AbeBooks : The Day After August 2, 2008

or Godzilla buys Frankenstein. Throngs still waiting for Superman. It will be a long time before the dust settles on this seismic event but here are some initial thoughts on the acquisition. First – How much did it cost? The folks over at TechVibes venture a guess that Amazon paid between $90-$120 million. Since Boris Wertz, former COO of AbeBooks, is on the Board of Directors of both TechVibes and AbeBooks, I’m going to believe…

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Barnes & Noble Not Giving Up on Rare and Out-of- Print Books July 14, 2008

When Barnes & Noble decided to close their Chelsea store in New York City many thought that the small rare- and out-of-print-book department that was housed at that location for the last 8 years would disappear too. Instead the company decided to not only relocate the department to a larger store on Broadway and 66th Street but is also “spending a significant sum on the department, installing custom display cases with locked glass doors” and…

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