The Wall Street Journal on Friday the 6th reported that Borders was going to close 200 of its Waldenbooks stores. True these are mall stores only, but it seems to me it was only yesterday that the chains were springing up every where. It appears that one of the reasons this is happening is that internet sales of books have greatly increased over the last several years taking buyers from the mall bookstores. The Journal also postulates that another reason for the move is the deep discounting of the bestselling books that has been announced.
My dream is that the closing of these mall stores might encourage one or two–or hopefully many more–entrepreneurial souls to open new independent bookstores. With the new readers that I hope are being created by books available electronically and by this deep discounting, perhaps there can be a big enough market to once again support these wonderful outlets for reading.
Do any of you have a favorite independent bookstore?