ABA ceo Oren Teicher addressed the organization at their annual membership meeting on Thursday afternoon in an enthusiastic vein: “I could not be more pleased to be able to reiterate – the indie bookstore resurgence has continued.” At the same time, he noted how “the aggressive discounting and strong-arm tactics of the dominant online retailer continue to cause havoc. Its recent bullying assault of a major publisher is just the latest example of a unilateral and shortsighted strategy. To put it plainly: the book industry is being held hostage by a company far more interested in selling flat screen TV’s, […]
