A series of letters in today's
New York Times in reaction to an
op-ed piece last week touches on a variety of textbook pricing issues. One note of
consensus: no one seems to think a textbook maintenance organization
modeled on HMOs would help solve pricing problems.
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Another story about the purchase of Village Books, Roslindale, Mass.,
by sisters Jean Connelly and Lorie Spencer appeared yesterday, this
time in the
Boston Globe.
The pair bought the store from Annie Bauman, who started Village Books
three years ago but has been busier since giving birth to twins last
year. (Excuses, excuses. . .)
The sisters plan to maintain the store's "homey feel" but expand the children's book section.
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Susan Avery, co-owner of Ariel Booksellers, New Paltz, N.Y., which
plans to close later this year, wrote to us to say that contrary to the
Poughkeepsie Journal's account, the Averys' leasing of space in
their building to a Starbucks five years ago had been a synergistic
help. "In fact," she said, "if it wasn't for synergy of Starbucks, we
probably would have closed three years ago."
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Concerning Charles Taylor's August 21
New York Times Book Review
essay "Hell Is Other Customers," Bob Curry, who describes himself as "a
former owner of a good-sized independent bookstore" and a current
manager of a large chain bookstore, wrote to the
Review: "There
is, indeed, a fine line between offering your customers a relaxed,
noninvasive shopping atmosphere and allowing what sometimes resembles a
cross between a grade school cafeteria and a college dorm room.
"But there is another side to the 'cavernous . . . chain bookstores.'
If browsing has become a little less comfortable, it may be because the
chains have opened up the joys of reading to a much wider audience, as
well as taken a little of the elitism out of the book-buying
experience. And this has not been at all 'bad business sense.'
"Thousands of people of all ages pass through a bookstore's doors every
single day, and I cannot think that is bad for our community. I recall
the words of the great philosopher Yogi Berra: 'Nobody goes there
anymore. It's too crowded.' "
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This past Saturday marked the annual New Age Fair at Tatnuck Booksellers, Worcester, Mass., which the
MetroWestDaily News
cheerily called "psychic Saturday." According to the paper, Tatnuck
owner Larry Abramoff traces his interest in the field to his college
days, when living in Greenwich Village in Manhattan, he and friends had
their fortunes read by psychics. ("Someday you will honor us by having an annual New Age show.") The Fair featured some 30
practitioners of tarot, tai chi, crystal healing, astrology, palm
reading, yoga, reiki, acupuncture and tea leaf reading at both the
Worcester and Westborough stores.
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Barnes & Noble has given itself permission to buy another $200
million worth of its stock, which may be done via the market or in
private transactions. The company had already authorized stock
purchases of $200 million in March; about $50 million of that program
remains.
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For its part, Borders is rewarding shareholders by declaring a
quarterly dividend of nine cents a share, payable on October 27 for
shareholders of record at the end of the day October 6.
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Late last week Advanced Marketing Services appointed Jack Dollard
executive vp and chief operating officer. Dollard had been head of his
own consulting company and earlier worked in executive positions at
Gateway and Qualcomm.
Among its main businesses, AMS supplies books to warehouse clubs and
owns PGW. A year ago, the SEC brought charges concerning the
wholesaler's past advertising accounting practices.