Notes: Indie Opportunities in the U.K.?; Minimum Prices
Writing in the Guardian, onetime Bookseller editor Nicholas Clee states:
"Borders and Waterstone's are in a bind. As critics argue, they ought
to be able to present themselves as specialists, offering ranges that
their supermarket rivals cannot match. But they are too large to afford
to be seen to ignore the bestsellers. So they have to promote Peter Kay
and Jamie Oliver and Martina Cole as well, even though they struggle to
compete with the prices offered by Tesco [the grocery chain] and Amazon. The market,
determined by discounts, compels them to lose money.
"The troubles of Borders and Waterstone's could be good news for
independent booksellers that offer refreshing alternatives to the
homogenised offerings of the chains. Many bookbuyers support them as a
matter of taste and principle. But taste and principle have only
limited effectiveness in competition with ease and range (Amazon) and
cheapness (supermarkets, the chains--and Amazon). The best
independents, and those lucky enough to operate in areas away from
heavyweight competition, are doing well. For others, the market is
tough."
---
The Supreme Court heard arguments yesterday in an intriguing case that
could lead to the overturning of a 96-year-old antitrust ruling that
prohibits manufacturers from requiring retailers to sell their products
for a set minimum price. The Bush administration, the National
Association of Manufacturers and business groups want to overturn the
ruling, arguing that discounting can "degrade" brands and erode
service. According to accounts in today's Wall Street Journal and New York Times,
they seemed to find a sympathetic ear in Justice Antonin Scalia. Some
37 states and the Consumer Federation of America are fighting to retain
the ruling. New York's solicitor general argued that Congress, not the
court should change the rule and that the only certain result of a
change would be higher prices. Four justices seemed to agree with this
point of view.
If the rule is overturned, any agreements about a price minimum would
be subject to the "rule of reason" and courts could "evaluate the
anti-competitive effects of a marketing restriction on a case-by-case
basis," as the Times put it.
---
Books-A-Million plans to open
two stores in Alabama, both of which will be in developments managed by
Colonial Properties Trust, as are some other BAM stores. One new BAM
store will be in Colonial Pinnacle Craft Farms in Gulf Shores, and the
other is in Colonial Promenade Fultondale in Fultondale. BAM, whose
headquarters are in Birmingham, has 25 other stores in Alabama.
The Fultondale development is expected to be completed in spring 2008, according to the Birmingham Business Journal.
---
The Barnes & Noble that will be built in the Chesterfield Towne Center, Richmond, Va., next year will have about 33,000 square feet of space and replaces a movie theater without stadium seating, the Richmond Times-Dispatch reported. The mall's manager predicted that B&N would draw as many people to the mall as the movie theater. "A movie theater is primarily a weekend and evening business," he told the paper, but a bookstore attracts people at various times.
---
Shanta Small has joined Tarcher/Penguin as associate publicity director and marketing manager. She formerly worked at Random House Children's Books, where she headed publicity campaigns for The Book Thief by Markus Zusak, Flush by Carl Hiaasen, Last Shot by John Feinstein and The Penderwicks by Jeanne Birdsall, among other titles. She also helped launch non-traditional PR campaigns for imprints and licensed characters such as Golden Books, Yearling and Thomas the Tank Engine. She earlier worked at Holt and Abrams.
---
One
addendum to the Caravan Project story yesterday: the program is a project of the Century Foundation of New York. Caravan
founder Peter Osnos is a senior fellow for media at the Foundation.