Sunday, February 27, 2011

Borders and Angus & Robertson down the tube. What does it mean for us?

Professing your love for the local bookstore is not enough to save it.


An interesting article in The Age (Melbourne)

Discussion about the future of bookstores has brought out the best and worst in bookworms. For every customer who has come into our shop in the past few days and expressed their support, there are probably another five at home who have decided to jump on the web and see what the online book-buying fuss is all about.
It's possible that, having discovered a paperback copy of Stieg Larsson's The Girl with the Dragon Tattoo for $8.15, the bookworm wavers. Save money by buying through a US or British-based website, or support my local, independent bookshop? A tough choice in a tough economic climate.
"This must be good news for you,'' customers have been telling us. "It's like You've Got Mail,'' one said, referring to the 1998 movie in which Meg Ryan's character owns a small bookshop that is forced to close when Tom Hanks's big department store-like chain bookshop opens nearby. "The difference is, you win the battle.''
Our shop is just around the corner from Borders' South Yarra store. Since we opened in late 2009, it has never felt like a battle; the two business models are vastly different and Borders has been a convenient place to refer customers looking for a genre we don't stock. Certainly, it would be nice to think the week's media coverage might result in increased sales for our shop, and all of Melbourne's indie bookstores. But RedGroup's very public blaming of the online buying phenomenon for its woes conveniently shifted the spotlight off its own executives' performance. Now, everyone is talking online. The worry is, those who have never bought books via their computer may think, "Why not?

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