4 ms·
It probably won't for the long term. These "feel good" stories abound when times are good. Wait a few years and reality sets in ( even quicker if a recession hi
by basetop 7y ago
It probably won't for the long term. These "feel good" stories abound when times are good. Wait a few years and reality sets in ( even quicker if a recession hits ).
Maybe if they copy B&N's model and turn themselves into a coffee shop that sells books on the side, it might work. But they'd need the scale of B&N and locations near major universities with wealthy privileged students willing shells out lots of money for lots of books that their professors recommend.
In an environment of online shopping and expanding library services, bookstores face a lot of headwind. Why would you go to a bookstore when you can go to the library? Why would you buy can carry a bunch of books home when you can just order it online? If you can solve these problems, you could make a lot of money opening up bookstores all over the country.