Leonard Riggio, the original founder of Barnes & Noble, is considering buying up the stores and taking them private. He’s thinking about the move because bookstores are still a sound business.
One of the biggest surprises in the constant battle between brick-and-mortar stores and the e-giant Amazon is that after Borders failed, sales of e-books immediately fell. Analysts think it’s because with fewer opportunities to browse, readers just aren’t going to buy as many books.
Congratulate your local bookstore owner with a cup of coffee, a chocolate truffle…and a new sale.