January 28, 2013
It’s Not That B&N Will Close 1/3 Of Its Stores; It’s That This Seems To Be A Best-Case Scenario
I'd actually put this into tomorrow's Random News, but since a bunch of the comics sites are running with the announcement that remaining big-box books giant Barnes and Noble
plans to close a bunch more stores over the next ten years today, I wanted to move this up. B&N isn't the most lovable of companies, but I don't want anyone's bookstore to close: I like retail spaces, I think they have value and utility and I remember how important they were to me in my teenaged years. Also: book retail matters to comics; since coverage matters to book retail, that will matter to comics, too.
Anyway, what raised my eyebrows on this isn't so much that they made they made this announcement, but that said announcement seems to represent
a best possible outcome from their viewpoint. If the former is scary, the latter is terrifying. It could be that they've over-estimating in order to get a boost when this many stores doesn't close, but few businesses use the Montgomery Scott Strategy Of Lowered Expectations that overtly.
posted 6:50 am PST |
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