The bookstore wars are over. Independents are battered, Borders is dead, Barnes & Noble weakened but still standing and Amazon triumphant. Yet still there is no peace; a new war rages for the future of publishing.
In 1994 Americans bought $19 billion worth of books. Barnes & Noble
and the Borders Group had by then captured a quarter of the market,
with independent stores struggling to make up just over another fifth
and a skein of book clubs, supermarkets and other outlets accounting for
the rest. That same year, 513 million individual books were sold, and
seventeen bestsellers each sold more than 1 million copies. READ THE REST OF THE ARTICLE HERE