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Amazon’s Bookstores Apparently Aren’t Bringing In Many Sales
https://consumerist.com/2017/10/27/amazons-bookstores-apparently-arent-bringing-in-many-sales/
Are Amazon’s bookstores headed for the same future as struggling chains like Barnes & Noble? It’s possible, according to the company’s latest financials, which suggest the company’s physical bookstores aren’t doing so hot.
Amazon announced its third-quarter earnings on Thursday. For the first time, it also broke out performance for its physical stores, noting that these entities accounted for $1.276 billion during the quarter.