Books-A-Million has ended its bid to buy 30 Borders stores it expressed interest in last Thursday, when Borders' liquidation plan was accepted by the court in its bankruptcy case. Books-A-Million said that the parties couldn't agree on terms and that going-out-of-business sales that started at the Borders stores had put the kibosh on the deal. BAM had said last week it wanted to buy the stores in their pre-sale state.
"We worked exhaustively in an effort to acquire these stores and reach an agreement with all of the parties whose consent was necessary," BAM chairman, president and CEO Clyde Anderson said in a statement. "Unfortunately we were unsuccessful."
BAM had been interested in buying 21 superstores and nine smaller format stores as well as securing an option to buy another five stores. The stores ranged across the country and would have expanded the chain's presence beyond the South and Midwest for the first time.
Based on its record this year, Books-A-Million may yet open in some of the locations--but on its own, after the Borders stores are closed. Only yesterday, for example, the owner of the Huntington Mall in Barboursville, W. Va., said that a BAM will open by the holiday season in the 19,000-sq.-ft. location of one of the 399 Borders stores that is now going out of business, according to the Herald-Dispatch.
"We're delighted that the arrangements were able to be expedited so that the space can be leased to another nationally acclaimed bookstore retailer before Christmas," Joe Johnston, general manager of the Huntington Mall, said. "The Borders store here was a successful store and Books-A-Million knows that, so they weren't hesitant at all to sign a lease for that space."
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Kobo's announcement over the weekend that users of its iPhone/iPad app could no longer purchase books (Shelf Awareness, July 25, 2011) was just the beginning of the end for integrated e-bookstores as Apple "finally brought the hammer down on e-reader apps, enforcing its new in-app subscription rules that require app developers to strip out any links to external mechanisms for purchasing digital books or subscriptions," CNet reported. On Monday, Amazon and Barnes & Noble also "updated their iOS e-reader apps" so customers will have to purchase e-books on the companies' websites, then sync their libraries via the apps.
The Google Books app was missing from the iTunes store for a time yesterday, but returned after changes were made "that put it in line with Apple’s newly-enforced rules," Reuters noted.
ZDNet's Matthew Miller considered the long-term implications of Apple's move, wondering if "people will find it better to just go with something like a dedicated Nook, Kobo eReader, or Amazon Kindle eInk device. I know I have moved to reading more books on these dedicated devices and really only read on my smartphone or tablet if I don't have an ebook reader with me. For times when I want to sit and read for a couple of hours though these eInk readers are what I go to since the experience is so much better than an application on a mobile platform."
This morning, TechCrunch wrote that "yesterday's 'Everybody panic!' is today's 'Meh.' " B&N, Amazon, and Google Books have all taken pains to make it abundantly clear that you can only buy their e-books from the e-store 'through the Safari browser on their device or any computer' (to quote B&N) and have removed direct links to those stores from their Nook apps.... We now return you to your regularly scheduled Internet outrage."
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On a weekend trip to the Hamptons, Book Bench's Macy Halford was delighted to find a "Hipster Lit" section at the BookHampton store in Sag Harbor: "I think this is a very good selection of hipster lit, though I can already hear the banshees howling that it's incomplete. Where is Eggers? Where’s D.F.W.? Where's Murakami? (Op! He’s on the shelf above, which I believe belonged to the plain old 'literature' section.) Where are Lydia Davis, Miranda July, and Vendela Vida? Why are there no female authors?"
Halford admitted that "all descriptions of hipsters are doomed to disappoint, because they will not be the hipsters you know. So a bookstore in the Hamptons can make suggestions about what literature it feels most embodies the movement without having to get it 'exactly right.' "
In an update, Halford noted that Kim Lombardini, BookHampton's marketing manager and one of the hipster section's curators, informed her "that they have an in-word for all the hipsters that come into the shop. They are, perfectly, 'Hampsters.' "
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In the wake of the Borders liquidation, the Charlotte Observer focused on the fortunes of Park Road Books, the 4,000-sq.-ft. store owned by Sally Brewster and Frazer Dobson, who, the paper wrote, have "a business plan that includes frequent author readings, a knowledgeable staff and a dog, Yola, who serves as store greeter.... They have weathered the recession. They have outlasted competition from numerous chain stores. They recently signed a five-year lease."
After the launch of the Kindle and the financial meltdown, sales fell in 2008 and 2009. "Those were probably the scariest" times, Brewster told the paper. "I stopped looking at previous years' sales. What matters is if you have enough money to pay the bills."
According to the Observer, "Brewster reduced inventory, cut advertising, scaled back employee hours. She also beefed up the store's popular puzzle section. She ended some months in the red, but refused to lay off any of her 13 employees."
Late last year and early this year, Park Road got two big breaks: the Charlotte Joseph-Beth and a Borders, both within four miles of the store, closed. Sales have since risen 20% and are about $1 million a year.
Brewster, who bought the store in 1999, said her business plan is to offer what Amazon can't: smart book recommendations, a chance to meet authors, face-to-face customer service. "I'm optimistic," she said. "You just have to find reasons to be relevant."
The Observer spoke with one of our favorite publishers, the always entertaining Craig Popelars of Algonquin, who praised indies and Park Road for their handselling talents and their abilities to make a book. Speaking of Brewster, he said, "Sally's reach within the independent bookselling community is throughout the country."
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Carrie Kania is leaving her position as publisher of Harper Perennial and Harper paperbacks to become an agent at Conville & Walsh in London. "Moving to London has been a life-long dream and HarperCollins has been wonderful, kind, generous and supportive of letting some kid try to make her dream come true," she told the New York Observer. "I've done Bright Lights, Big City so now I want to do Brideshead."
As a result of the move, Harper will realign the imprints, with Jonathan Burnham, senior v-p, publisher of the Harper Division, assuming responsibility for Harper Perennial and Liate Stehlik, senior v-p, publisher of William Morrow, Avon and HarperVoyager, taking on the Harper paperbacks list, which will be combined with the recently formed William Morrow Paperbacks imprint.
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Shelf Awareness for Readers editor Bethanne Patrick and National Book Critics Circle president Eric Banks give recommendations for summer reading on Minnesota Public Radio.
And on We Grow Media, Dan Blank spoke with Bethanne about FridayReads, her 100,000 Twitter followers, books and authors and Shelf Awareness!
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Designer Kyle Durrie is fighting back against the onrushing digital age by taking the joys of traditional letterpress printing to the streets in her "Type Truck." Fast Company reported that Durrie installed "a tiny printing press studio in the back of a van and is driving across the country with it, offering classes everywhere she stops."
"This project came about because two of my favorites things in life, road trips and printing, seemed to be getting in the way of one another," Durrie said. "I've traveled a fair amount with my partner's band, and I really love the way that he travels--arriving in a new town, exploring, meeting people, and sharing his music. It's such a no-brainer for musicians--you just load your gear in a van and hit the road. I started thinking that it wouldn't be so hard for me to do something similar with my printing."
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Street-level literary criticism from the "Metropolitan Diary" section of the New York Times: "I was on my way to the local library near Battery Park City to return a book of short stories, and made several stops on my way--Century 21, Whole Foods and, of course, a Duane Reade--when I realized that somehow in one of the establishments, I had misplaced the book.
"The librarian informed me that if the book didn't turn up, it was going to cost me $25. I complained that I wouldn't mind so much if the stories and the writing hadn't been so awful. I made a pest of myself with the Duane Reade manager, who promised to keep an eye out for the book.
"Two weeks later, there at the drugstore's service desk was the book.
"A young woman had returned it several days before and told the manager not to bother reading it, as none of the stories were interesting."
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What do authors read in the summer? The Daily Beast asked several writers, including Junot Diaz, Sherman Alexie, Kathryn Stockett and Anne Enright, to pick their "favorite summer read... ever."
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Ten "creepy, sexy fairy tales that should be films" were recommended by io9, which noted that "the absolute last thing we need is yet another take on Beauty and the Beast. We also don't need a Sleeping Beauty or Snow White, and god forbid someone try again with Cinderella or Little Red Riding Hood."
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Word & Film offered its choices for the 10 best books turned musicals.
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I now pronounce you man and muggle. Buzzfeed showcased "photos from awesome Harry Potter-themed weddings."