What happened to real estate is now happening to books: An industry colluded to push an overpriced product on a public whose purse strings were tightening and whose tastes were changing. Demand dropped steadily, but supply kept soaring - only now is it coming down to earth. Nothing reminds me so much of those tracts of foreclosed houses in Florida as stack upon stack of hardcover books, desperate to be bought for $25.99.
Friday, February 18, 2011
Calling All Lits!
No gloating (Yeah, stop us!!) about Borders Books Music Movies Cafe.
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