Guest Column: Minding the Store
Why you should be paying attention to the retailing landscape.
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The independents weren’t alone in feeling the heat. When reviewing Barnes & Noble’s and Borders’ statements and SEC filings over the years, you get the usual “Harry Potter Year/Non-Harry Potter Year” blather, but when looking at the comparable store sales figures for “Harry Potter” releases, a disturbing picture emerges. Though each book is bigger than the last, the highs for the bookstore chains don’t seem to get much better, and the lows seem to get worse.
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Michael Norris
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