Fri, Feb 18, 2011 - Page 10 News List

Borders’ decline means big industry changes



Independent sellers, meanwhile, believe they have a chance to step back in, even as industry observers wonder whether physical stores of all sizes are in decline.

In a statement issued on Wednesday by the American Booksellers Association (ABA), the association said it was indeed “saddened when any bookstore closes.”

“The industry — whether independent bookstores, publishers or readers — does not benefit from the diminishment of places to browse, discover and buy books. However, despite the doom and gloom expressed by some about the future of full-service bricks-and-mortar bookstores — and, while we don’t underestimate the challenges that lie ahead — the ABA believes that the indie bookstore model is well positioned for the future,” the association said.

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