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kleinbl00  ·  2750 days ago  ·  link  ·    ·  parent  ·  post: Barnes & Noble confirms job cuts, expects $40 million in annual cost savings

'member back when Barnes & Noble threatened to buy Ingram and the FTC lost their shit? Because monopolies? So they balked?

We were so innocent back then.

It's like back when we thought Internet Explorer would bring about the end of humanity.

B&N's market cap is $342 million. It was $1.5 billion in 2006. Amazon?

$702b. Two.Thousand.Times the value of B&N.

Know what's funny? Nora Ephron made this adorable little movie about the wonders of email and how B&N was gonna crush the independent bookseller but that was okay so long as love prevailed.

Now? Now B&N is the scrappy little bookseller while all the independents (what's left of them) traffic almost exclusively in used books.

It's like worrying about the freeway being built through your back yard while ignoring the Vogons in orbit.