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Which clippings match 'Waterstones' keyword pg.1 of 1
25 SEPTEMBER 2013

It's time to kill the idea that Amazon is killing independent bookstores

"Big bookstores are the ones most affected by Amazon's dominance. Borders is long gone. Barnes and Noble isn't in the best health. And Waterstones in Britain has started selling Kindles. The reason? There is very little difference between big, impersonal chain stores selling books and a big, impersonal website selling books. Independent retailers, on the other hand, have a lot to offer that Amazon cannot: niche coffee, atmosphere, serendipitous discoverability of new titles and authors, recommendations from knowledgable staff, signings and events, to name a few."

(Leo Mirani, 24 September 2013, Quartz)

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TAGS

Amazon KindleAmazon.comambience • American Booksellers Association • Barnes and Noblebooksellersbookstores • Borders (bookshop) • boutique • boutique-publishing • chain storecoffee shopconsumer behaviourconsumptiondiscoverabilityeconomies of scale • Espresso Book Machine • eventsexperience creation • impersonal experience • in-store experienceindependent retailers • knowledgeable staff • market dominancemonopoly • Nate Hoffelder • niche market • obscure titles • recommended by the retailerself-publishingserendipitous discoverabilityserendipityshopping behaviour • signings • small businessesstumbling acrossunexpected gemsWaterstones

CONTRIBUTOR

Simon Perkins
14 JANUARY 2013

High Street music retailer HMV to appoint administrator

"Music and DVD chain HMV, which employs about 4,350 staff, has confirmed it will appoint an administrator, making it the latest High Street casualty. Deloitte will run the 239–store chain while it assesses prospects for the business and seeks potential buyers. Trading in HMV shares on the London Stock Exchange are being suspended, the company said in a statement. ... [Neil Saunders, the managing director of retail analyst firm Conlumin] said that although the HMV brand 'certainly has some value' for potential buyers, the current business model was dead. "The bottom line is that there is no real future for physical retail in the music sector," he said."

(BBC News, 14 January 2013)

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TAGS

19212013bricks and mortarbusiness into administrationbusiness modelclosurecompany liquidationcompetition • consumer downturn • debtDeloittedigital downloadsDVDeconomic recessionhigh streethigh street retailerhigh street shops • His Masters Voice • HMVincreasing competitioninsolvencyinternet retailersjob losses • London Stock Exchange • music chain • music downloading • music retailer • music sector • online retailer • online retailing • Oxford Streetphysical presencephysical retailphysical storeretailershopstore closuresstructural shifts in the sectorsupermarketssuspended tradingtradingUKunsustainableWaterstones

CONTRIBUTOR

Simon Perkins
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