Borders Closes Stores in 200-Plus Cities: What Lies on the Retail Horizon?
A new opportunity may exist for indie bookstores.
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According to Brian Paeper, owner of independent Alias Books in Los Angeles, trends in bookselling, like those in other media markets, have become divorced from economic cycles. "It's a different kind of adjustment," he says. "It has to do with the book industry. It has very little to do with the economy. If you think it's the economy and you are waiting for the book business to come back with the economy …, [you're] sticking your head in the sand."
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Jim Sturdivant
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