by Laura Northrup at the Consumerist
In the age of online shopping, are bookstores irrelevant? The new CEO of big-box bookstore chain Barnes & Noble doesn’t think so. If they were, why would Amazon be opening physical bookstores across the country, with a new one opening in New York City tomorrow? He sees this growth as proof that bookstores are still relevant.
Demos Parneros joined Barnes & Noble last month after a long career with Staples, and doesn’t believe that the bookstore business is doomed.
“Amazon opening physical bookstores, that’s a bit of a validation that it’s a good business to be in,” told Fortune magazine in a recent interview.
Read the full article at the Consumerist.