Well, certainly Barnes & Noble hopes so.
From an article in the Independent...
Barnes & Noble, the largest chain of bookshops in the US, said sales of physical books are sliding sharply at its stores and it no longer expects any of the company's growth to come from that traditional business.
The company is pinning its hopes instead on the Nook e-reader, a rival to Amazon's Kindle, and on sales of e-books for the device, which it promised to double to $1.8bn (£1.1bn) this year.
B&N's latest quarterly results, out yesterday, showed the accelerating changes in the way books are read and sold, and underscored the difficulties facing traditional bookstores.
1 comment:
It might, but the Nook is going to have its hands full if it is to eventually cover the massive real estate costs of those B&N stores. It's shocking how much floor space in each story is already being used to promote and sell the Nook...
Post a Comment