Barnes & Noble is about to go under brehs

[Regular_P]

Pricing was and still is a problem with ALL brick and mortar stores... they GOTTA charge MSRP to cover expenses ...

the warehouse has fewer employees to pay .. no high ass NYC rent and utilities ... etc

I don't see any stories of Best Buy laying off thousands of employees. They adapted to the current landscape.

Like I said before, Barnes & Noble's OWN website will have a book for $14 but it'll be $22 in store and they refuse to price match. THAT is fukking stupid and arrogant. They are just begging to go out of business.

 

[CashmereThoughts]

And we think we doing something selling bodysuits and shirts with "Unapologictically Black"

I'm not trying to shyt on my people, but, we need to open our eyes. Capitalism is a sharks game and we guppies.

Even Walmart feeling the crunch and we think opening grocery stores gonna save us.

Is Walmart feeling the crunch? Their shares hit record highs recently and they’re sales for 2017 beat their expectations.

 

[num123]

I missed the one that was on Market street, good memories.

The cool thing about the store was not just popping in to buy books, it was wandering around for hours in all the aisle, take a break and read a mad magazine, and just hanging out with friends there. Main reason I miss the huge Virgin mega stores as well, used to be a required stop when out with my friends on the weekend in San Francisco, borders was the go to out here at town square in Vegas. All gone

 

[Field Marshall Bradley]

paper media is dying, newspapers, monthly mags, its dying. It takes up space in warehouses and store shelves and that costs money, the paper its made of and the ink you print cost money.
Digital books are far better in that you can host them for sale for less than it takes to print stock and deliver and then stock at store locations.
Amazon figured this out when they almost went out of business after the 90s dot com bubble burst, this is why they used their logistic system for book storage and delivery and were able to transition that asset to their main selling feature to other stores and survive and grow.

Printed book is a niche market now, and all the big book retailers are going to go out of business, its not a matter of if but when.



Its a shark game for producers, its great for buyers, that competition generates low prices for goods, and higher standards of living on less money.
Instead of being scared of it, embrace the competition, its literally a rising tide economically.

Ah. So you’re keeping this strictly within the book market.... I agree with what you’re saying mostly

 

[Field Marshall Bradley]

I want y’all to pay attention to he nostalgia factor in here... There is big money in that as well....

 

[FaTaL]

As much as I love physical books, when you traveling and wanna read something there's no better choice than your phone or a tablet.

Not to mention websites where you can get books.....let me stop ......it's hard to picture myself getting up in 30 degree weather in NY and going down to B&N for some books, shyt just ain't the wave to me anymore. With that said it sucks those people lost their jobs so early into 2018.

Who the fuk wants to read a book on a screen? Just u!

 

[The_Sheff]

Its a shark game for producers, its great for buyers, that competition generates low prices for goods, and higher standards of living on less money.
Instead of being scared of it, embrace the competition, its literally a rising tide economically.

It's not great for consumers. Consumers need jobs in order to purchase the produced goods. The jobs being automated are not being replaced at the same rate they are being extinguished and the jobs that once allowed you to live a decent life on are being replaced with low wage alternatives.

Furthermore the products aren't getting any cheaper in proportion to your income and the quality is taking a nose dive. You ever try to buy furniture made out of real wood lately? How in the hell did my grandmother, whose existence relied upon watching white families kids, afford furniture made of legit hardwoods that still holds up 60 years later but today you have to go to a specialty store to find something not made of particle board, pine, and thin veneers. Everything is made to be as cheap as possible quality wise to the point where nothing is repairable, you just throw it away and buy a new one.

 

[Kyle C. Barker]

Is Walmart feeling the crunch? Their shares hit record highs recently and they’re sales for 2017 beat their expectations.

https://www.google.com/amp/s/www.theregister.co.uk/AMP/2017/06/21/walmart_tells_devs_to_avoid_aws/


Walmart tells developers to stay away from AWS
Retail giant prefers partners not feed Amazon their cloud cash

By Shaun Nichols in San Francisco

Posted in Cloud, 21st June 2017 20:43 GMT

Retail giant Walmart says it doesn't want its developer partners using Amazon Web Services to host their cloud apps.

Following reports that it was asking technology partners who develop for or sell products at its stores not to patronize the Amazon-owned cloud service, Walmart issued a statement explaining its stance.

"Our vendors have the choice of using any cloud provider that meets their needs and their customers' needs," Walmart said.

"It shouldn't be a big surprise that there are cases in which we'd prefer our most sensitive data isn't sitting on a competitor's platform."

This after a report from the Wall Street Journal alleged that Walmart was flat out telling its developers to get their apps off of AWS and onto Azure if they wanted to continue to do business with the box giant. Walmart's own response looks to soften that stance a bit, but acknowledges that those who want to do business with it are better off steering clear of Bezos and Co.

Walmart has long been a loyal customer for Microsoft's Azure service and offers a number of developer tools specifically for it. AWS, meanwhile, has emerged as the most profitable subsidiary of the Amazon empire.

While Walmart, whose big-box stores dominate the US retail market, has long been an indirect competitor of Amazon's online shop, the battle between the two companies entered a new front earlier this month when Amazon shelled out $13.7bn to purchase high-end grocery chain Whole Foods Market.

That acquisition – combined with Amazon's other experiments into branded grocery and book stores – sends a clear sign that Amazon is ready to move into the brick and mortar space, and the obvious first target will be Walmart.





Amazon got Walmart looking funny in these streets and for good reason.

Walmart use to be the bully on the block shutting down mom and pop operations but Amazon out here making malls and Department stores obsolete.

 

[GnauzBookOfRhymes]

Is Walmart feeling the crunch? Their shares hit record highs recently and they’re sales for 2017 beat their expectations.

Walmart moves quickly for a company of their size. People were writing them off a few years ago. Then they jumped on the organic/clean label/responsibly farmed etc bandwagon.

Walmart almost singlehandedly put Whole Foods in the coffin.

 

[Methodical]

I love Barnes &Noble

 

[meth68]

I’m not sure what people mean when they say adapt... you talking about flipping business models that are over half a century old... billions were made off that model... you just don’t flip that on a whim.... also.. people act like Amazon was crushing it right out the gate.. it took more than a minute before Amazon was actually profitable

Amazon was slowly eating away at their customer base and they did nothing different. It does take a while to adapt I agree but B&N was always archaic with their process, their website was always trash, shipping sucked, rarely free etc..

I love B&N as a store but even whenever I walked in there I would always ask myself, how the hell are they in business still?

They had a half century to evolve and put that money towards infrastructure to compete, they decided to think Store fronts is the way to go in 2016+ (Aka...Blockbuster, when they took on online rentals on way to late and refused to perfect it, Netflix killed them)

 

[diggy]

That was my goto spot to kill time on weekends reading import mags and eating cafe snacks or post going out to dinner with the lady. Hopefully it stays, already seen Borders disappear.

 

[David_TheMan]

It's not great for consumers. Consumers need jobs in order to purchase the produced goods. The jobs being automated are not being replaced at the same rate they are being extinguished and the jobs that once allowed you to live a decent life on are being replaced with low wage alternatives.

Furthermore the products aren't getting any cheaper in proportion to your income and the quality is taking a nose dive. You ever try to buy furniture made out of real wood lately? How in the hell did my grandmother, whose existence relied upon watching white families kids, afford furniture made of legit hardwoods that still holds up 60 years later but today you have to go to a specialty store to find something not made of particle board, pine, and thin veneers. Everything is made to be as cheap as possible quality wise to the point where nothing is repairable, you just throw it away and buy a new one.

It is entirely great for consumers.
There are more potential consumers for goods than there are workers in any single field so to claim its bad is simply ignorant of economics.
I would suggest you read Frederic Bastiat "That Which is Seen" or Henry Hazlitt's "Economics in One Lesson" because your faulty logic is what was used to argue against automation and mechanization of production of goods when the industrial revolution started.

Producers are cheaper and quality is an option you can pay more for if you want.
You want craftmans handmade furniture there is a market for it, it cost more than machine made furniture, the choice is up to you on what you want to buy. There was no choice before, so complaining about things that used to be confined to very expensive prices being open to everyone at varying price points, is a bad road to take when trying to argue that it works against consumers.

 

[sfgiants]

i liked going to barnes and noble in college to scope out some smart-dumb bytches and to shoplift
i never actually bought shyt there, i would always check amazon and the books would be 5$ cheaper so id just order it

 

[David_TheMan]

Who the fuk wants to read a book on a screen? Just u!

Seeing that ebooks are growing every year in sales and disrupting established publishers in the market
Despite What You Heard, The E-Book Market Never Stopped Growing

I would say millions of people are reading books on screen and its becoming the norm.