In 1991, one year after James Daunt opened his first eponymous bookstore in London, Waterstones unveiled its first U.S. bookstore in Boston. The U.K. chain grew its stateside presence to a modest size, maintaining a foothold in the country until the turn of the millennium. Like today, the 1990s saw many retailers forced to close, but for a different reason: they were ceding ground to chains, big box stores, and superstores. Among the chains expanding rapidly at the time was the bookseller Barnes & Noble, which had acquired several other bookstore chains and was subsequently blamed, together with the rise of Amazon, for the demise of thousands of independent bookstores.
Daunt Relishes Challenge of Leading B&N
10 June 2019
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