Last week, Barnes & Noble CEO Leonard Riggio sent a memo to the chain's employees. It was not happy reading. Riggio is decidedly grinchy about the forthcoming holiday season:
"Never in all of the years I've been in business have I seen a worse outlook for the economy," wrote Mr. Riggio. "And never in all my years as a bookseller have I seen a retail climate as poor as the one we are in. Nothing even close." (The full memo is here, courtesy of the Wall Street Journal.)
Interestingly enough, our experience is quite different. Magers & Quinn isn't giving in to pessimism and self-fulfilling prophecies just yet. We're doing pretty well in the current economic climate, and we're looking forward to a good holiday season. Maybe it's because books in general are such great entertainment and information value, and they're an even greater value at our store since we discount everything. We've got a great mix of bestsellers, recently released books, remainders, and old classics that keeps our customers coming in and leaving happy.
So check your depression at the door and stop by Magers & Quinn Booksellers. We'll be here for you.
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