It is always disheartening to learn of a yet another bookstore biting the dust.
I recently sought to place my self-published works in at least one book store in downtown San Luis Obispo and learned there were no independent bookstores selling new works anymore.
There are definite downsides to Nooks, Kindles, etc. For one, they are made of plastic, and plastic is a byproduct of oil refining. Are they being adequately recycled?
Paper has methodologies for cost-efficient reuse. There is also the issue of energy usage — every new computer requires a more powerful and complex grid, and there are no guarantees that we will have enough power in the future, even using renewables.
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I might also add that the printed book, despite fewer retail outlets for its sales, is not going away. More and more authors are self-publishing (granted, using computer technologies like POD).
I sold several thousand books on basic solar power using Google Adwords in the last decade. I sell at Amazon and other online outlets, but the profits for authors are diminishing fast.
Maybe someone would consider opening a small bookstore for small press books, with an emphasis on local authors? There are hundreds of them, certainly.
I would certainly pay something to have mine displayed.