Independent Bookstores Learning How To Adjust To The Changing Market
from the good-for-them dept
Just as we were discussing Tower Records inability to adjust to the times, it looks like plenty of independent bookstores are realizing just what they need to do to avoid Tower's fate. Eerily similar to a number of independent record stores that set themselves up as nighclubs or other "destinations" combined with some setting up their own record labels, it looks like many indie book stores are working to become destinations for the community as well, even clearing out some of the books, adding in tables along with food and drinks (including alcohol). Some are also looking to publish books on their own as well. In both cases, the retailers recognized that the market was changing, and they needed to change along with it. They no longer had an advantage in inventory, but they did have an advantage in being local and being a part of the community where people could gather. While not all of these experiments will survive, it's great to see these stores willing to change their business models in recognition of how things are changing around them.