“We used to try and run Exactly the same as in Blackpool bookshop in Hampstead. That, my youngest daughter would tell you, is probably not sensible, “Mr Daunt Said.
Waterstones, Which Expects to break even esta year. AT LEAST plans to open a dozen more shops esta year as the ebook revolution appears to go in reverse.
Launched the Amazon Kindle, Which is Now in its seventh generation, in 2007. Sales peaked in 2011 at around 13.44m, accoding to Forbes. That figure fell to 9.7m in 2012, with sales flat the following year. It is Estimated That has sold around 30m Amazon Kindles all in.
At the same time, British Consumers spent £ 2.2bn on print in 2013, Compared With just £ 300m on ebooks, According to Nielsen.
London Foyles bookstore has Reported to arise in sales of physical books over Christmas
US book giant Barnes & Dev. Noble is looking to spin off Nook ereader ITS business, Which is Estimated to be losing $ 70m a year. Meanwhile, core sales, EXCLUDING Nook, in the rose 5pc Most recent quarter.
Last March, Tim Waterstone, lowest founded the bookshop chain in 1982, Argued That the printed word was far from dead , adding That I HAD Heard and read “more garbage about the strength of the ebook revolution than anything else I’ve known”.
“The ebooks Have developed a share of the market, of course They have, but every indication – Certainly from America – shows the share is Already in decline. The Indications are Exactly That it will do the same in the UK, “I Told the Oxford Literary Festival.
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