Moby LivesÂ is one of the best book industry blogs you can hope to find. Today they posted a great article on the problem of discounting.
The bookstore I co-founded and built from the acquisition of a single rare book is closing at the end of March. Wolfgang Books has been a mainstay of the Philadelphia area for the last five years. It has won four consecutive â€œPhiladelphia Hot List â€“ Best of Phillyâ€ awards and has never been shy of good press. Any walk of bibliophile can find something at Wolgangâ€™s. Rare, used and plenty of new titles are to be had. Of the new titles Iâ€™d say 80% are from indie publishers and 100% are chosen by the bookseller.
Thatâ€™s a lot of talk. Since my former business partner, Jason Hafer, to whom I sold my half of the company, announced that he was going to close the store because of slowed sales (and they are slow) I have heard a lot more talk. No doubt heâ€™s heard still yet more.
â€œWas there no way to save it?â€
â€œAre e-books killing bookstores?â€
â€œI thought with Borders retreating it might get better for indies.â€
â€œI always mean to go in but forget to.â€
â€œThese are hard times.â€
â€œAmazon, Amazon, Amazonâ€¦â€