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Bookstore to close — but not why you think
The reason the shopping center does not renew the lease (regardless if Barnes and Noble can pay today) is because they have better use for that land. I'm sure the shopping center does not want to loose the rent they get from Barnes and Noble, but after an analysis it's probably their best solution. That center needs parking spots BADLY, so what are you going to do? Let all the retailers suffer (and potentially fail) or just one? It's sad, but Barnes and Noble will probably end up like Blockbuster. Again, what are you going to do? I'm sure knowing that helped the shopping center make their decision of who not to renew.— April 14, 2014 2:23 a.m.
Bookstore to close — but not why you think
I'm "very" suspicious of the second sentence. How does one define a successful bookstore even more so a "very" successful bookstore? Because it has stayed in business for 20 years? Because it can somehow pay its huge overhead with the few buyers that trickle in each day? I'm sure the mall knows its business better than armchair quarterbacks. If they have deadwood and need to do so some trimming, who are we to question them? It is a free market. I find it funny that many of the people that shop at Amazon and Costco (and forced the demise of neighborhood stores) now bemoan the outcomes.— April 13, 2014 4:35 a.m.