Mar 01 2022
The UK’s largest book chain, Waterstones, has acquired the country’s largest independent bookseller, Blackwell’s, ending 143 years of family ownership and signalling a further concentration of the bookselling industry.
The acquisition by Waterstones will see Blackwell’s ultimately fall under the umbrella of the £38.4bn US hedge fund Elliott Investment Management, which in 2019 also purchased the largest US bookseller, Barnes & Noble.
The acquisition will be viewed by some as a regrettable end to the family ownership of a cherished independent and academic bookseller. To others, it will be heralded as a turbo-boost for real-world bookshops in the battle for dominance with their online rival Amazon.
Great political questions stir the deepest nature of one-half the nation, but they pass far above and over the ...
Click Here to find out who said this, as well as discovering other famous literary quotes!
Your guide toexceptional books
BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.