Prediction for the Future of Bookstores
Every time I walk into Barnes and Nobel these days it seems like there are more and more toys/games and fewer books. Is it sad that when I need a Valentine's Day card the first place I think to go is Barnes and Nobel? I can't say I'm totally complaining about the current state of bookstores. They are trying to sell the geeky strategy games like Settlers of Catan. I love geeky board games (I collect them) so it's kind of validating for me to see that my geekiness is, in fact, trendy and cool. But I do feel bad for the people that run bookstore giants like Barnes and Nobel. It has to be depressing going to work every day knowing your company is on life support. It brings to mind Blockbuster's amazing press line: "Our company is doing fine, we're just shutting all our stores down." Uhhh.... I guess admitting to the fact that your business model is no longer sustainable makes stocks crash? The problem is not the commodity. Books have nev...