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Amazon is helping book sellers and retailers.
Amazon is helping book sellers and retailers.
Amazon is throwing brick-and-mortar book stores a lifeline by providing them with a 10 percent discount on all Kindle books sold on devices purchased in their stores. The news arrives as retail and used book sellers face a decline in physical sales as consumers scoop up tablets, smartphones and e-readers to consume books in digital form.
Even more, now that the government has wrangled the publishers into providing fair, competitive prices, retailers are facing even more declining sales. Previously, e-books soared up into the $15 realm thanks to an agreement between Apple and five publishers. All five have settled out of court, while Apple decided to duke it out with the Justice Department over the summer. Prices are now beginning to drop once again.
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