Monthly Archives: July 2011

Book Depository

The news that Amazon has acquired the online bookseller The Book Depository highlights the continuing consolidation in retailing. With the demise of Borders and the decline of the independents, attention is now turning to how Waterstone’s will fare under the new ownership of the Russian billionaire Alexander Mamut, and the direction of MD James Daunt. Will there be a radical change of direction for the high street retailer, and will there be store closures as part of a retrenchment of the operations? Daunt Books, the independent chain run by James Daunt, has 6 shops in London and carries an upmarket image, with little reliance on discounting.