Miriam Sontz, Powell’s Books CEO gave an interview on CNBC this afternoon and said that Amazon Books is a threat to existing chains and smaller bookstores.
Two weeks ago a media firestorm erupted when a mall manager said that the Seattle company planned on opening up between 200 to 400 bookstores within a few years.
She was also doubtful that Amazon would be able to expand successfully, since one Amazon store may be considered a novel concept, but opening 200 of the exact same store is “less exciting.”
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CNET, Engadget, Huffington Post and Verge.