
I got the sad news today that the Book Room, Canada's oldest book store is closing down. It's a pretty short walk from my house. Here's what the CBC web site said about it :
"The Book Room on Barrington Street in Halifax opened for business in 1839 and survived two World Wars and the Great Depression, store president Charles Burchell said in a release.
But the retail store couldn't outlast big box bookstores, Burchell said, nor the ease of ordering books online, competition from book selling pharmacies and grocery stores or the pressure to lower prices to reflect a stronger Canadian dollar." Yikes!
The Raincoast contract was lost because of the high dollar as well. When the Canadian dollar's value rose to that of the U.S. dollar people started demanding that books match the U.S. price on the books which is always a few dollars more. These people didn't take into account that it costs more to sell books in Canada because we have one tenth the population of the U.S. as well there is shipping and other costs. Anyway, Raincoast drastically reduced it's prices and that made the domestic publishing wing of the company unprofitable so they cut it.
These things have made me more aware of how the big wide world affects me. I don't despair because of them , I'm excited as ever about books. Does anyone have any thoughts?