It’s Literally Wednesday: The Future of Barnes & Noble
Dave | February 6, 2013Amazon began its life as an online bookstore in 1995 and a seller of e-books in 2007. Borders went from owning 511 superstores and 175 Waldenbooks to liquidation in less than two years. Barnes & Noble closed all 798 of its B. Dalton stores and, despite the disappearance of Borders, is quietly shedding superstores whose numbers peaked in 2008 at 726.
B&N announced a month ago that store sales for the last nine weeks of 2012 declined 11% compared to the previous year. Despite coming out with not one, but two well-reviewed e-reading devices, Nook sales declined 13% (though digital content sales were higher).
In a recent interview with the Wall Street Journal, B&N’s chief executive of retail stated that even though fewer than 20 stores were currently losing money, the company would be closing 20 stores per year over the next ten years, or about one-third of their total, settling at 450 to 500 stores. Many (including unhappy B&N employees) see even that as wildly optimistic.
Remaining stores are changing. If you have not visited the B&N at the Edgewood Retail District over on Moreland in a while, the place looks different. There are more toys and educational materials. There are fewer and fewer books.
Should Barnes & Noble close down in the next few years, the United States would lose over half of its non-college bookstores and perhaps 80% of the retail square footage devoted to books within a span of five years.
Can large bookstores survive? Can any bookstore survive? Does it matter?
This Week
Melanie Benjamin, author of The Aviator’s Wife, Wednesday, February 6th at 7pm, Margaret Mitchell House, free.
Dave Barry, author of Insane City: A Novel, Wednesday, February 13th at 7pm, Carter Center, free.
Photo courtesy of Melville House
Morning Metro: Rec Opens and Former Decatur Mayor Passes Away
Decatur Metro | February 6, 2013- Decatur Rec Center with new “The Bill” Gym now open [Be Active Decatur]
- Former Decatur mayor Jack Hamilton passes away [AJC]
- Lawrence Cafe now Open on West College Ave [Patch]
- Decatur architects have highest tax compliance rate of any occupation [Decatur Tax Blog]
- Valerie Wilson backs the Beltline [Saporta Report]
- General Muir now open at Emory Point [CL]
- A high-speed map, just for kicks [CA rail map]
- Leafy greens most frequent cause of food poisoning [NYT]
Photo courtesy of Be Active Decatur blog
Decatur Farmer’s Market May Soon Have a New Operator
Decatur Metro | February 6, 2013In addition to an already reported new location, Decatur Farmer’s Market founders Greg and Nicole Coleson are in negotiations to transfer operational control of the market. From Atlanta Magazine’s Covered Dish blog…
Market founders Greg and Nicole Coleson are in discussions to transfer operational control of the market to Community Farmers Markets, the nonprofit organization that oversees the Grant Park and East Atlanta Village farmers markets.
The switch would certainly mean an increase in resources devoted to the market, and would likely result in a larger, more consistent collection of vendors.
“We just couldn’t dedicate the time and the energy to it that it needs,” says Nicole Coleson, who with her husband started the market in 2002, right around the time their daughter was born. “So when they approached us, we said, ‘Yes, it’s absolutely time.’”
But the transfer isn’t a done-deal just yet. Check out the full Atlanta Mag post for all the details.