Re: San Francisco minimum wage hike kills Borderlands' bookselling business (1262938) | |||
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Re: San Francisco minimum wage hike kills Borderlands' bookselling business |
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Posted by italianstallion on Wed Feb 4 12:48:28 2015, in response to San Francisco minimum wage hike kills Borderlands' bookselling business, posted by Olog-hai on Tue Feb 3 19:25:33 2015. Several bookstores in that area have closed recently. The honest ones are blaming the recession, the longterm trends towards online buying, the turn to e-books, competition with Amazon, etc.Even Borderlands said this in its statement: “The steady movement towards online shopping, mostly with Amazon, has taken a steady toll on bookstores throughout the world and Borderlands was no exception,” the store said in a statement on its website. The store also blamed the Great Recession of 2007-2009, which “hit us very hard,” especially since it had recently opened a cafe. |
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