[Weekender] Small, unique booksellers survive competition
BooksJul 11, 2014
Generally speaking, price and brand power matter most in the bookstore business. These factors have earned price-competitive chains the lion’s share of the market, while the small, independent bookstores continue to wither.In reality, the mom-and-pop shops are more embattled than what we see in rom-com films like “You’ve Got Mail” and “Notting Hill.”But not all of the neighborhood bookshops are losing out. Some are staving off the competition through differentiation strategies. Your Mind Your Mi