Why the bookstore chains are dying

Two of my favourite authors have published new books this year and I’ve been waiting to read them for some time. The books:

Last man in the tower by Arvind Adiga, and
River of Smoke by Amitava Ghosh

I ventured into the Waterstone’s store 100m from my house with an intention to buy the books. They had only the hardcover versions (expected) priced at £20 & ~£18. I wasn’t willing to pay that much for the books. Checked a few other books around, paperbacks all. None was cheaper than £7.99. Didn’t like anything much, so walked out.

Came home and checked on Amazon – the £18 book was priced at £8.99 while the £20 book was available for £11.99 – new copies in hardcover. Immediately ordered the £8.99 book and added the other to wishlist for ordering after I’ve finished the current book and the ordered one. By then that book may be available in paperback too.

P.S.: If the chain bookstores, with their scale, centralised buying and logistics networks can’t come close to competing with Amazon, how can the little, standalone guys survive? And frankly, I’ll miss the small, standalone neighbourhood bookstores a lot more than the likes of Borders and Waterstones