So, according to Neil Van Uum, president of the Joseph-Beth Booksellers chain, which recently filed for bankruptcy, most indie bookstores aren’t long for this world:
Van Uum said the bankruptcy’s roots came in the summer when the company began “to run a little bit sideways” on some of the terms of its loans.
“I recognized we needed to do something,” he said.
While the company’s bankruptcy protection doesn’t specify its exact debt, its top 30 creditors are owed more than $5.8 million. The majority of that — $3.55 million — is owed to book company Ingram. [. . .]
Van Uum said the bankruptcy traces to a number of factors, including the tattered economy and increasing Internet sales. The chain has seen declining sales for the last five years.
“I think in the next three to five years, you’ll see half the bookstores in this country close,” he said.
Barnes & Noble, the country’s largest bookseller, put itself up for sale in August and has struggled for years with declining sales. It’s pinned hopes on initiatives including its Nook electronic reader.
“There’s a lot of fixed overhead in the book business, especially with stores as complex as ours,” Van Uum said.
He’s probably right, and that definitely sucks . . . Not for the sale and distribution of books necessarily, but for the culture of reading and book appreciation that underpins all great indie bookstores, which tend to be staffed by people who actually read too much and like to talk about books and the wonders of literature. Announcements like these make the America of Super Sad True Love Story, in which books are considered to be “smelly, outdated products,” seem like a distinct possibility.
But the real cause of J-B’s downfall? Not enough Open Letter titles.
Though far from the most convincing reason to read literature in translation, one common side effect is learning of another culture, of its history. Within that, and a stronger motivation to read, is the discovery of stories not possible within. . .
Despite cries that literature is dead, dying, and self-replicating in the worst way, once in a while a book comes along to remind readers that there’s still a lot of surprise to be found on the printed page. To be. . .
“I was small. And my village was small, I came to know that in time. But when I was small it was big for me, so big that when I had to cross it from one end to the other,. . .
A few weeks after moving into a farm house in the Welsh countryside, Emilie, an expatriate from the Netherlands, starts to think about her uncle. This uncle tried to drown himself in a pond in front of the hotel where. . .
Think back to the last adventure- or action-type book you read. Wasn’t it cool? Didn’t it make you want to do things, like learn to shoot a crossbow, hack complicated information systems, travel to strange worlds, take on knife-wielding thugs,. . .
In Aira’s Shantytown, while we’re inside the characters’ heads for a good portion of the story, the voice we read on the page is really that of Aira himself, as he works out the plot of the book he’s writing.. . .
Noir is not an easy genre to define—or if it once was, that was a long time ago, in a galaxy far, far away; as a quick guess, maybe Silver Lake, Los Angeles, 1935. When two books as different as. . .
Some time ago I read this phrase: “The page is the only place in the universe God left blank for me.”
Pedro Mairal’s short novel The Missing Year of Juan Salvatierra is more about these blank spaces than the usual full. . .
“What if even in the afterlife you have to know foreign languages? Since I have already suffered so much trying to speak Danish, make sure to assign me to the Polish zone . . .”
So reads a typical aphoristic “poem”. . .
If you somehow managed to overlook the 2012 translation of Andrés Neuman’s breathtaking Traveler of the Century (and woe betide all whom continue to do so), you now have two exceptional works of fiction from the young Argentine virtuoso demanding. . .