Actual publishing news, fancy that!
This piece comes to me courtesy of the Publishers Weekly daily newsletter, which basically says that B&N's stock prices are probably going to drop by 30%.
Now I have a deep attachment to Barnes & Noble, you see. They're the only big bookseller in my area, and ever since they moved in about ten years ago, they've been a place to hang out. I'm feeling sad and want a treat? I go to B&N to browse all the books; it makes me happier, even though I may not end up actually purchasing anything. I like the cozy atmosphere that they've created, the discounts that they give on books (my membership discount card is worth every penny I spend on it), and the fact that at least to me, it's a place that feels like home.
Now I don't think they're going anywhere soon, but it still dismays me that they're not doing as well as they should be, financially. I am all for supporting independent booksellers, and would personally love to have an independent one in my area (hello, Freehold, NJ--your ideal place to open a bookstore just for me! a used bookstore is fine too!). But Barnes & Noble has replaced so many of the independents over the years, even the very few that we used to have way out in suburbia. And if they start doing badly, then I think it's going to affect the bookselling business as a whole, since there are no longer any independents to really step up to the plate. Which is just a really sad thing to contemplate.
To skip beats a bit, I'd like to mention that I'll be visiting Toronto at the end of the month. Are here any good bookstores there that I *must* see? Used ones are just as good as new ones, and I love finding new bookstores. Hell, I fell in love with the Elliott Book Bay Company (do I have the name right?) when I went to Seattle a year and a half ago... I would have lived there. So basically, any good ones in Toronto? They have to be accessible by public transportation, fairly close to downtown, and in a good neighborhood, so that I can safely go there by myself at night. Any and all suggestions are welcome! =)