Borders has missed its deadline of May 6th for bids that would keep the company operating. B & N expressed interest to buy 10 stores. Another offer is rumored to buy 200 stores. This unknown company seems to be interested in the large retails outlets that garner the bulk of the company revenues.
Borders may be forced to close all of its remaining stores if no bidder is found in the next few weeks. With this news and lots of other things on our minds, we’re headed to New York to attend our once-a-year trade show. Many of you may wonder how Lemuria can bring so many first class writers to a small community like Jackson. The answer starts next week when Joe and I land in NYC. The 2011 show should be especially interesting with Borders declining in the brick model and the rapid emergence of the e-book.
Our challenge will be to find out which publishers are interested in working directly with Lemuria to enhance our reading community. We’ll be exploring what the future will hold for Lemuria’s work with the nation’s top publishers.
Lemuria is particularly challenged by this opportunity with our industry’s change. We want to come out of this paradigm shift giving Jackson a better and more successful bookstore. Our work next week will be important in determining if that quality growth will actually come about.
Lemuria doesn’t know what attitude the publishers will have toward our work. Will publishers and authors care about the physical book or just put up a smoke screen? Will the overall focus be on the e-book? I expect we will be shined with both attitudes. However, I’m encouraged that our good publishers will still want quality physical books to thrive and will need local booksellers and plan to enhance their efforts.
On this trip, I’m out to catch these three big fish:
1. Jim Harrison’s new book The Great Leader, published by Grove.
The word is that our longtime favorite, Big Jim, is not coming South. But that is not going to stop me from trying to get a Dixie trip out of the Old Bear. I just started reading Great Leader yesterday. Fans, get ready for Jim’s new counter ego hero. He’s grand again.
2. Michael Ondaatje’s The Cat’s Table, published by Knopf
Michael Ondaatje has never been to our bookstore. A Jax trip is a long shot we hear, however, we are going to try for it. I have read all of Ondaatje’s novels and a goodly bit his nonfiction and poetry. He is one of my favorites and we will work hard to lure Ondaatje South. This is an author whose market size hurts us, but we’re going to let out a lion’s roar for a Mississippi trip.
3. Paul Hendrickson’s Hemingway’s Boat 1934-1961. Five hundred and sixty pages about Papa and Pilar sharing everything Papa loved in life and lost.
Well, that’s just a taste. Watch out for Joe’s round up of our upcoming work in New York in a couple of days. We will share some of the authors who have already made it to our events list and other writers with new books coming out this fall.
We will also be giving you a preview to some of the projects we have in the works for our local community. We’re planning to enhance our physical book reading community this fall through our efforts in the Big Apple. Stay tuned.
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The Bookstore Key Series on Changes in the Book Industry
Barnes & Noble Bankrupt? (April 28) Decluttering the Book Market: Ads on the latest Kindle (April 14) Independents on the Exposed End of the Titantic? (April 6th) Border’s Bonuses (March 30) The Experience of Holding a Book (March15) Finding “Deep Time” in a Bookstore (March 8th) Reading The New Rules of Retail by Lewis & Dart (March 3) The Future Price of the Physical Book (Feb 18) Borders Declares Bankruptcy (Feb 16) How Great Things Happen at Lemuria (Feb 8th) The Jackson Area Book Market (Jan 25) What’s in Store for Local Bookselling Markets? (Jan 18) Selling Books Is a People Business (Jan 14) A Shift in Southern Bookselling? (Jan 13) The Changing Book Industry (Jan 11)
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