As the USA’s Book World chain shutters its 45 bookstores the media is having the usual Retail Apocalypse party that accompanies every such incident. “Bookstore Chains, Long in Decline, Are Undergoing a Final Shakeout,” ran the New York Times headline, anxious to draw in the retail apocalypse rubberneckers. But even here, tucked away in the Read More …
As Barnes & Noble continues to struggle, management will be looking on enviously as its British counterpart, Waterstones, defies the odds to rebuild a national bookstore chain that not long ago seemed a hopeless cause. As reported here last month, Waterstones is being lined up for re-sale. Waterstone’s was rescued from near bankruptcy several years Read More …
The future of Waterstone’s (aka Waterstones sans apostrophe) is in question again as it emerges Britain’s largest book chain may be up for sale shortly. Cutting a long story short, Waterstone’s was rescued from near bankruptcy several years back by a Russian billionaire who handed day to day management to James Daunt and between the Read More …
