Waterstones defies the bookstore apocalypse with 80% rise in profits. Barnes & Noble looks the other way

It was never meant to be this way. Profitable bookstore chains? In the age of Amazon? That’s not how the bookstore apocalypse narrative goes. But as The Guardian reported back in 2015, Four years ago (2011), Waterstones was facing oblivion. Declining sales of physical books, together with the relentless growth of Amazon and mismanagement by its former Read More …