Bookshop chains in trouble
I love bookshops.
I could easily work in one but then I wouldn’t have as much time to read and write. Never mind.
Sadly, news came earlier this week that two big bookshop chains here in Australia are in financial trouble and have gone into voluntary administration. I have enjoyed many visits to both Borders and Angus and Robertson (A&R) shops over the years. A&R actually bought out the struggling Borders sometime in the last year or so. The Australian Borders chain has no financial connections with the American chain which is also in trouble. A&R is one the oldest and most respected chain bookshops in Australia with a history stretching back over 150 years. I’m not sure how this will effect the local shop in my own hometown.
Rapidly growing internet sales of books, especially to overseas giants like Amazon, have been blamed. You can read more details on the ABC website here. I must admit to buying some books online, but only shops here in Australia, and generally only those I can’t physically visit due to distance. These are usually genre specific shops. Most of my books are still bought in traditional bookshops, but I see my buying habits are changing too. I now do a large proportion of my business and bill paying online.
If these two chains o under, the effect on readers will certainly be significant. How this will impact on writers is yet to be seen.
Good reading and good writing.