Update: Dreamhaven Books And Comics

Posted by Tom Mason Categories: Editorials,

Dreamhaven Books And Comics, the legendary Minneapolis bookstore and mailorder company, is shutting its brick-and-mortar biz in early 2012.

At least that was the original announcement back in October.

Owner Greg Ketter clarified his position on a recent LiveJournal post:

“I am planning to eliminate regular store hours at the beginning of February 2012. I will periodically announce a "SALE DAY", likely a Saturday, to be open, perhaps once a month or so. I'll announce it any and every way I can and I'll make sure I have some special discounts and sales to entice people into the shop. As I've pointed out to many, many people, I'm not moving out of my current location or even rearranging the store. I own the building, the taxes are reasonable, I need someplace to store my books and work from, so I'm staying put. I just won't have the doors open regularly so that I can actually get some work done. I won't go into all of the frustrating aspects of minding an open but suffice to say, it does keep me from actually making a living. (sic)”

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Quote of the Day: Barnes & Noble

Posted by Tom Mason Categories: Editorials,

If you're wondering where to invest your money now that Borders Books is in a state of freefall, you might hold off on putting some of your hard-earned money into the competition, Barnes & Noble.

“At the moment booksellers are something to avoid as an investment. Across the board, even for B&N, losses have exceeded expectations. Economics of digital business for B&N look worse than they should.”

-- Goldman Sachs analyst Matt Fassler speaking at Digital Book World.

[Artwork: Where Print Goes To Die]

(Make sure to check out other notable quotes.)

Read More | Teleread