Wednesday, 20 July 2011
The giant bookstore "Borders" shuts down
With store in the UAE or Oman, Borders shutting down by the end of september will have its own effect in the Arab world.
For reasons of profitability and return on investment, the US giant bookstore that had in stock more than thousands of books in each of its 400 stores, has to close down. The shift of clients behavior towards reading is a silent revolution, but predictability is another unknown factor: will the small neighbourhood bookstore resurface? will the internet take over any buying of books? will reading on electronic devises wipe out the paper format forever?
Fnac (another giant in France) is rethinking its strategy to keep some of its market shares. They plan to concentrate their efforts on the customer rather than the product, which could make the event of visiting the store an experience by itself.
Will Amazon be our only source of books?
In the Arab world, before contemplating a bookstore's financial results, we still have to work on the books productions and accessibility: censorship and repression on ideas and thoughts are slowly cracking up through different countries, but it has barely gone beyond twitter and facebook. Reading or writing books require a deeper and longer thought process than the 140 symbols message.