Tuesday, August 3, 2010

Barnes & Noble on the sale block

More BookStore turmoil. After reporting huge losses last quarter, and indeed all last year, it's not surprising especially given the upsurge in online e-book purchases. Amazon recently reported that e-books are currently surpassing hard cover purchases and CEO Jeff Bezos is expecting sales of e-books to pass paperbacks within 18 months. Is the bricks and mortar bookstore dead? I hope not. I still like to browse amongst titles I'd not necessarily search for online.

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