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 CBC, CNET, Engadget, Huffington Post and the New York Times.