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And now Barnes & Noble faces the Headman's axe

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https://www.cbsnews.com/news/barnes-noble-hangs-up-for-sale-sign/?ftag=CNM-00-10aab6a&linkId=57708637

TL;DR, Barnes & Noble is going to be put on the auction block. As everyone will pedantically comment, this was an inevitable step in the unrelenting Amazon Murder March.  The big indicator this was coming was at the beginning of the year, though, when B&N fired all their managers and salaried positions nationwide and replaced some of them with hourly employees (aka the Circuit City approach to store management in times of crisis).

Partly this sale is motivated because an unknown buyer is hoovering up B&N shares of late.

***

I wonder if it is apple buying up the shares?  They could carve an apple store into every B&N, give the middle finger to amazon, integrate Nook and ibooks, and be a "responsible steward and participant" in communities around the country--which is a nice contrast to Amazon's anti-community sociopath approach of bringing the gift of permanent unemployment.

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1 hour ago, Ser Scot A Ellison said:

There's a fair amount of irony in this given what B&N did to local bookstores.

 

The little fish gets eaten by the medium fish, gets eaten by the big fish, gets eaten by the shark, and then the shark gets tangled up in a tire and starves to death while we all watch with a smug sense of self-righteous judgment at the way everyone else is just sitting there and allowing the creature to die.

Edited by Let's Get Kraken

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"You've Got Mail" was in heavy rotation on cable a few weeks ago and my wife and I couldn't help but marvel at the premise of the big bad megabookstore crushing everything in its path.

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28 minutes ago, Let's Get Kraken said:

The little fish gets eaten by the medium fish, gets eaten by the big fish, gets eaten by the shark, and then the shark gets tangled up in a tire and starves to death while we all watch with a smug sense of self-righteous judgment at the way everyone else is just sitting there and allowing the creature to die.

???

I supported local bookstores until they ceased to exist in this area.  I still like one up in Spartanburg (I'm moving to Greenville and will be delighted to be only 20 minutes from Hub City Books as opposed to an hour and 15 minutes as I am now).  I'm confused by your point here?

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6 minutes ago, Ser Scot A Ellison said:

???

I supported local bookstores until they ceased to exist in this area.  I still like one up in Spartanburg (I'm moving to Greenville and will be delighted to be only 20 minutes from Hub City Books as opposed to an hour and 15 minutes as I am now).  I'm confused by your point here?

Oh, I didn't know that I'd quoted you. That comment was just directed at the topic in general.

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Other than used bookstores, In my childhood I never lived in an area diverse or large enough to have non corporate book stories. The midwestern malls of my youth had b dalton and Walden bookstores, and those corporate stores were put out of business in the late nineties by other corporate bookstores like B&N, Borders, Hastings, and Books a Million.

so I don’t have any rich white people guilt at bookstores going extinct that never existed in my proximity anyway. It’s always only been corporate in my experience 

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If you live in South Carolina Hub City books in Spartanburg is worth the trip.  They are a not for profit bookstore run by Hub City Press.  

I always stop by when I’m in the area.  And I be in the area much more frequently very soon.  :)

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47 minutes ago, Darth Richard II said:

Fuck shit ass tits. B&N is literally the ONLY BOOKSTORE we have left here. If it closes I am FUCKED. FUCKED I SAY.

But think of the book sales of they go out of business...

I see independent/used bookstores making a comeback.

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17 minutes ago, Let's Get Kraken said:

But think of the book sales of they go out of business...

I see independent/used bookstores making a comeback.

The independent bookstore in my old (admittedly artsy and bohemian) corner of Los Angeles has stayed afloat by being very much a part of the community, cultivating regulars, and having a lot of events to drive people into the store. That's how the small stores survive.

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We have a Half Price Books in our area, and it does pretty good business. I do hope that Barnes and Noble can be salvaged, since there's just something fun about going into a bookstore. I drop by the local B&N when I can to check out their collectibles, magazines, and yes, the books. I still miss Borders and Waldenbooks. 

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26 minutes ago, Liver and Onions said:

We have a Half Price Books in our area, and it does pretty good business. I do hope that Barnes and Noble can be salvaged, since there's just something fun about going into a bookstore. I drop by the local B&N when I can to check out their collectibles, magazines, and yes, the books. I still miss Borders and Waldenbooks. 

I miss Borders so much I could cry.

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I hope nothing happens to it. I'm finally about to break even on savings with my membership card for the year. 

Edited by A True Kaniggit

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On 10/4/2018 at 2:57 PM, DanteGabriel said:

The independent bookstore in my old (admittedly artsy and bohemian) corner of Los Angeles has stayed afloat by being very much a part of the community, cultivating regulars, and having a lot of events to drive people into the store. That's how the small stores survive.

Book Soup?  Skylight?  

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Dunno if Amazon would want to deal with the fixed costs, but they could open B&N clones across the country. It would solidify their stranglehold on the big six.

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The last chain bookstore here died decades ago.  For a long while, the local Safeway kept a long aisle of books, but that shrank to nearly nothing a few years back.  What we have is one local bookstore dealing in new tomes (that seems to be doing reasonably well), one religious bookshop that is hanging on by its fingernails, and two used bookstores. 

 

I started ordering most of my books ten or twelve years ago.  I have since switched to mostly kindle.

 

That said, I expect local (niche) bookshops to be making a comeback.

 

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Sigh.  I do so love visiting (and buying from) bookstores.   Just what we need - another big store sitting empty.

I guess I better use my gift card up, like, SOON. 

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