2:45 PM
-
0
Comments
Barnes and Noble ofically announced its return to the 3rd Street Promenade in Santa Monica on Thursday by placing a "coming soon" banner on it's future location between Johnny Rocket’s and Coffee Bean.
Barnes & Noble has been opening new bookstores at an unprecedented rate. Having opened only one or two new stores each year during the decade after 2009, Barnes & Noble has opened over a dozen new bookstores in 2022 and has over 30 further stores in development for 2023. Expansion this size is possible because of a strengthened interest in books and reading that came as a result of the pandemic — more people read because they were stuck at home. The book store chain says it has been experiencing increasing sales, supported by “significant expansion of the market for physical books driven by word-of-mouth and social media recommendations."
“The health of good bookstores has never been better than at present as demonstrated by all the new openings” said James Daunt, CEO, Barnes & Noble. “It is such an exciting sea change in the fortunes of bookstores, with booming sales of books being led by real books being bought in real bookstores.
Opening date for the new Santa Monica store has not yet been anounced.
No comments
Post a Comment