Why is barnes and noble still in business




















Some of the new stores will also be about the quarter of the size of the typical 25, square foot location, Daunt said, adding the chain can now drive the same volume out of a 8, square foot store as a 25, square foot store. Most of the growth is coming from increasing foot traffic in the stores — not online sales, Daunt said. And the discount books were moved to the back of the store, freeing up valuable real estate up front.

Once cluttered with non-book-related items —such as batteries, Vera Bradley handbags and warm bottles of Fiji water — the stores are now configured by managers who are expected to reflect the tastes of their local communities. At the Cortlandt Manor store, managers decided to move entertainment biographies — which were outselling other biographies. Daunt acknowledged that most stores will carry many of the same titles, but where the books are placed, and in what quantities they are ordered, is now left to managers.

The stores are still adding new fixtures and are beginning to get ready for the fall by adding such things as new cash wraps. This spring, Elliott bought the stationery and gift retailer Paper Source and put Daunt in charge. Daunt is among those industry members who believe interest in reading will remain high even as other activities that had been closed reopen.

He looked back on how excitement over the Harry Potter books created new book audiences and said while some new readers may drop off, the majority will remain. The Millions. More from pw. The Best Books of PW Picks: Books of the Week. Perhaps they invite in a local Tik Tok personality who, in turn, would value the opportunity to connect with their followers. The ability to innovate is immense.

Oh, and dare we mention that growing your internal growth and innovation engine is a huge plus too! Big Y supermarkets are an interesting case. A family-owned supermarket chain that operates in Massachusetts and Connecticut and one of the largest independently owned supermarket chains in New England , they do everything that you might expect from a supermarket.

But they are also doing great things to support and build the communities they operate in and, in turn, cultivate a loyal following. Where else do you even know, or care to know, the history of your local supermarket chain? Their Local Love program provides a platform for local curators to show and sell yes, I coined that! The bottom line is this: local leaders listen to their communities and customers, know what they want or need and can address those desires with far greater ease than someone sitting in a procurement office in another part of the country.

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