Measuring the Death of Bookstores

poisonUntil several years ago, physical bookstores were the No. 1 place consumers bought books. How things have changed.
 
As of 2012, nearly half of all book purchases (print and digital) were online – 44%, up from 39% a year earlier. In 2011, online eclipsed bricks-and-mortar in this category for the first time ever and the gap increased this year.
 
With the disappearance of Borders and the further erosion of Barnes & Noble, online retailers like Amazon were able to make gains overall in the past year.
 
What bookstore owners and those invested in their continued viability have to worry about isn’t the slow erosion of business; it’s the time when the infrastructure that supports physical bookstores is no longer legitimized by the level of commerce. Should that time come, it could mean some difficulties for many publishers.
 
Read more.
 
Related: When Bookstore Distribution Collapses
 
 


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The rest of the day’s top news:
 
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Amazon’s Newspaper Blueprint (BusinessWeek)
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Simon & Schuster Makes Series of Promotions in Canada (DBW)
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Every Businessperson a Publisher (NJ.com)
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Image Credit: image via Shutterstock

 

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