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Independent Bookstores Close in Face of Big Chains, Internet Sales.
Knight Ridder/Tribune Business News
Feb. 8 -- Buffalo's oldest independent bookstore shared with its customers a quote from Dutch philosopher Baruch Spinoza in its winter newsletter:
"All things excellent are as difficult as they are rare."
Some of those customers no doubt think that Talking Leaves on Main Street in University Heights is excellent, but independent bookstores such as Talking Leaves are becoming as rare as they are difficult to operate profitably.
More than 1,000 independent bookstores closed in the last three years, another thought that Talking Leaves offered in its newsletter. Talking Leaves is one of the last surviving independent bookstores in upstate New York. Only the University Heights store Harambee Books, Arts and Crafts on Sycamore Street and a handful of Christian bookstores remain in the Buffalo area.
Village Green, the once-thriving regional chain based in Rochester, is now in the history books. The 27-year-old chain that operated 10 stores is closing its flagship Rochester store this month.
In the same three-year period that the 1,000 independents closed, Barnes & Noble Inc. and Borders Group Inc. opened more than 250 new stores. Barnes & Noble now has 483 superstores and 528 mall stores.
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Source: HighBeam Research, Independent Bookstores Close in Face of Big Chains, Internet Sales.