LOCAL BOOKSHOP STUDY
December 1st, 2002
BY PHILIP FINE
LOCAL book merchants contribute more to a community's economy than do retail chains, according to a study of one US neighbourhood. It reported that local retailers return more than three times as much economic value back to the community than do chains such as Borders and Barnes & Noble. The study was conducted in a section of Austin, Texas, where there are plans to open a Borders Books and Music branch, across the street from the 32-year old local bookshop, BookPeople, and a local record store called Waterloo. The study said that for every ...
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