Why is the Big Three losing so much?
Posted On July 18, 2021
In the fall, Amazon, Target, and Barnes & Noble all announced plans to phase out the traditional bookstores, and the company now owns most of them.
But they aren’t all dead.
Some of them remain.
The New York Times reported last week that the company is working on a $500 million deal to buy some of them out.
In addition to Amazon, it also plans to buy Barnes & Novella, which is owned by New York publisher Simon & Schuster.
And the Big 3 have agreed to a merger with rival discount retailer Kohl’s, in which Kohl & Co. will own the largest chunk of the new company.
This deal was reportedly inked in May.
Here’s a look at the top 10 bookshelves in the US, the top ten publishers in the United States, and who owns them.
The Big Three: Bookshelves at Target, Barnes & Nobles, and Sam’s Club Source: NYT article Bookshelve sales are the key metric for determining how big a retailer really is.
The average price of a new title at Target has grown by more than 400 percent over the past decade, while Barnes & novella has tripled its revenue from $7 million in 2007 to $18.5 million in 2017.
That means that Barnes & books have become a larger part of Target’s sales than any other retailer.
And they’re now the largest seller of Barnes &Novella titles, too.
The two companies also hold a commanding share of the bookshelve space in many other US cities.
But that’s not the case everywhere.
Sam’s clubs and bookstores in Los Angeles, San Francisco, and San Jose are among the most popular destinations for readers.
Even in New York City, the biggest bookstore in the city, Sam’s Clubs have been the fastest growing.
They’ve grown from 5,000 to 10,000 members since 2006, and are now a $1.2 billion company.
The Golden Age of Books: The Big 3 and the New Era of Bookshelvers and Discounts in the Big Apple and Other Cities Source: The Wall St Journal article While the Big three are in charge of bookselling in the country, there are still many other retailers out there.
As part of a big merger with Kohl, the New York-based bookstore chain Sams Club is merging with the largest online discount chain.
Meanwhile, the bookstores and online retailers now dominate the retail landscape in cities like Portland, Oregon, Seattle, and Miami, where some of the biggest name authors are based.
There are also a number of new bookstores opening each year.
But these places are still dominated by Amazon, the company that owns all of them, and its rival Kohl.
And their growth has been slow, especially in cities with large populations.
Some cities, like San Francisco and Chicago, are still home to the Big Four.
Bookshelving for a Changing America: The Top 10 Bookshelved in the Country, the Top 10 Booksellers in the U.S., and Who Owns Them in the City of Books and Other Locales article New bookstores are starting to sprout in the cities that are the most densely populated.
And booksellers are starting small and expanding into neighborhoods where they are most common.
These are the top bookstores per capita in the USA.
(The data comes from the 2016 American Community Survey, a monthly survey conducted by the U-S Census Bureau.)
The top 10 most populous cities per capita are as follows: New York, New Jersey, Los Angeles (home of the Giants), San Francisco (home to the Giants, Dodgers, and 49ers), Washington, DC (home the Redskins and Nationals), Miami (home with Marlins), Chicago, and Atlanta (the Bears, Blackhawks, and Packers).
The next 10 most populated cities per state are as follow: Nevada, Arizona, South Dakota, Montana, Wyoming, Washington, Idaho, Alaska, Washington Territory, and Hawaii.
The Next Big Bookstore: Amazon’s Big Three in San Francisco Source: New Jersey Business News article Amazon is now the biggest bookseller in San Franciscos top-10 list, behind Kohl and Barnes and Noble.
But it also is leading the pack in the bookstore market in the rest of the country.
Amazon’s market share in the Bay Area and Los Angeles has doubled over the last decade.
But the Seattle-based company has lost market share to smaller and local retailers in other parts of the U: In the cities of San Francisco Bay, Santa Monica, San Diego, Santa Barbara, and Orange County, Amazon still holds a 20-percent market share.
Amazon is also leading the nation in online book sales, with $6.4 billion in sales in the first quarter of 2018.
The Top Ten New Booksells in New Jersey and New York State