Traditional Bookstores - Are They Doomed?

The news on the brick-and-mortar bookstoredramatically. In 2007, some 411,000 new titles
front seems to be mixed lately. Many bookstoreswere published, compared to 295,000 in 2006 and
are struggling, many are closing, while many alsoaround 200,000 in 2005. Are we headed for a
are opening. Is the latter the triumph of hopehalf-million new titles in 2008?
over experience? Or just the result of someThe Boston Globe reported about the challenges
entrepreneurial overconfidence? Or is this just afacing indie and chain bookstores in an article titled
reflection of the overall situation for small"Books and Mortar," noting that:
businesses (lots of startups and failures everyThe stores aren't the only ones with a stake in
year)?the outcome. Bookstores enliven streets and
According to statistics from the U.S. Censuscommunities. They bring readers and authors
Bureau, bookstore sales have been increasingtogether. And shoppers can still discover the
since the dawn of 2008. In the first quarter, salesunexpected.
rose 5.1%. Unfortunately, that statistic does notThe article highlights a few local indie stores that
get broken down between books and everythingappear to be doing well by reinventing the way
else sold in bookstores (DVDs, CD, assorted giftthey present books to customers and even how
items, etc.). Nor, for that matter, between chainthey contact them.
stores and independent bookstores.Meanwhile, the Washington Post published "The
In January, the American Booksellers AssociationChanging Bookstore Battle" last month, noting:
(representing most independent bookstores in theIn Washington, besides the big-box chains and the
U.S.) reported that 115 new independentlarge book retailers, shoppers have several
bookstores opened in 2007, the third year in aindependent bookstore options, though not nearly
row that new stores exceeded 100. However,as many as a decade ago.
ABA apparently does not publish figures on howAnd what will happen to indie bookstores as
many indies closed during that same period.e-books and reader-friendly e-book readers
There really is no doubt that many indieproliferate? Will customers browse the
bookstores have closed, and even the big chainshelves...then buy and download their choices to
bookstores have been cutting back, closingtheir Amazon Kindle as they walk out of the
stores, and firing people. The "big box" storesstore?
(Wal-Mart, Costco, et al) have been getting moreFinally, what does all this mean to independent
and more of the bestseller sales...and at deepmicro-publishers? Probably not very much, since
discounts. Online, Amazon has certainly had anindie bookstores have been even more difficult to
effect as it continues to increase its sales at aconvince to carry our books than the big chains.
steady pace -- accounting for almost 20% of allYou might think there'd be a synergy between
books sold.indie publishers and indie bookstores, but the
People still enjoy shopping in their neighborhoodreverse seems to be true. Local indie stores will
bookstores, but the question remains unansweredusually stock regional books and local authors but,
as to whether they will continue to buy booksotherwise, prefer known quantities (big names
there if they can get them far cheaper online orand bestsellers).
at Wal-Mart.It seems that the book industry's tectonic plates
What is happening is that fewer titles will beare, indeed, shifting. It's just very difficult to
carried in brick-and-mortar stores at the samedetermine exactly where they will end up.
time that publication of new titles increases