Waterstone’s to change focus
With the recent demise of Borders Books just before Christmas as well as the poor sales over the festive period, Waterstone’s has not only decided to get rid of its boss Gerry Johnson but that enough is enough with regards to its strategy.
The book retail market has been dominated in recent years by online Amazon sales as well as cheap celebrity book sales at the likes of ASDA and Tesco. Waterstone’s has now decided it cannot compete and has decided to focus once more on being more of a ‘local’ bookshop.
This is hopefully good news for all those writers and small time publishers looking for their voices to be heard.
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January 15, 2010 @ 10:19 am