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Reinventing Retail: The Novel Resurgence of Independent Bookstores
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Description
This study examines how community-based brick-and-mortar retailers can achieve sustained market growth in the face of online and big box retail competition.
The appearance of Amazon.com in 1995 led to a significant decline in the number of in-dependent bookstores in the United States, leading many analysts to predict the demise of the sector. However, between 2009 and 2018 independent bookstores proved to be far more resilient than expected. The American Booksellers Association (ABA) reported a 49% percent growth in the number of “indie” booksellers, from 1,651 in 2009 to 2,470 in 2018.
The appearance of Amazon.com in 1995 led to a significant decline in the number of in-dependent bookstores in the United States, leading many analysts to predict the demise of the sector. However, between 2009 and 2018 independent bookstores proved to be far more resilient than expected. The American Booksellers Association (ABA) reported a 49% percent growth in the number of “indie” booksellers, from 1,651 in 2009 to 2,470 in 2018.
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- Added 3 Jul 2020