Feb
06
2013
15

Barnes & Noble heading for the rocks?

Mayyyyyybe:

Washington D.C.’s Union Station is a major point of entry for the nation’s capital. Streams of daily commuters from the region, tourists, and business travelers on the Amtrak circuit from Boston and New York can choose from an especially ample array of shopping and dining opportunities. But, as of the end of February, one of the anchor retailers will be gone. Barnes & Noble is shutting down its bookstore in a main concourse after failing to reach terms with the landlord. Browsing the aisles at Barnes & Noble stores has been a core feature of the chain’s strength in the forty years since Leonard Riggio purchased the assets of what was then a venerable seller mainly of textbooks and turned the enterprise into the country’s most formidable shaper of a superstore culture for book selling.

…of course, it was pretty clear a couple of years ago that the big-box booksellers were in trouble across the board; but it’s not apparently news until it affects the Imperial Capital.  Or perhaps I am being cynical. (more…)

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