My local Barnes & Noble is closing on December 31st. I saw the sign in the window but the news didn’t really register until I walked through the doors. Incited by 50% off signs all over the store, holiday bargain shoppers had already decimated the place, and it was packed with still more of them. With the understandably unmotivated staff not making much effort to maintain order on the selling floor, the overall effect made me think about vultures picking at carcasses.
And yet, I stayed for a few minutes, chatting with an employee who had become my “personal shopper” over time. Most of the people working in that location have been there for years. Of retirement age, my former advisor wasn’t very concerned about her own future, but she was clearly upset by how job loss was going to affect her coworkers, one of whom will have to drop out of college until he finds other work. She also talked about how that location had served six elementary school districts in the area as an alternative to poorly-funded public libraries. With this store closing, the entire county would now be without a freestanding bookstore.
Always a high-volume store in a prime location, she said B&N was closing this one because the lease had expired, and the increase the landlord was demanding made it easy for B&N to make the decision. My friend also said it’s her understanding that B&N’s long term business plan is based on electronic publishing, so all their stores are on life support for various lengths of time.
Ironically, she was the same salesperson who talked me into a Nook less than a year ago. And as we stood there talking, we acknowledged the fact that it and all the devices like it are here to stay, and the paper and ink publishing industry is going, going, almost gone already.
My friend made a much bigger, more important point, though – the publishing industry is not creating or sustaining jobs here in the U.S. She compared it to the horse and buggy age. When cars were invented, the people who made buggies were able to convert their skills and adapt because production stayed here in the U.S. Electronic publishing manufacturing is mostly done overseas. So the Barnes & Noble we’ve all been so loyal to, the brand that became such a staple in our lives, is repaying our loyalty by hurting our economy – unless you own stock, of course.