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.

This story has been viewed 1561 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top