Thread regarding Follett layoffs

Walmart to sell e-books later this year -

From CNN this morning. Walmart enlists help from Japan in fight with Amazon. America's biggest retail chain said late Thursday it would start selling e-books and audiobooks online for the first time later this year.

The shift will bring the company into even closer competition with Amazon (AMZN), which started out as an internet bookseller but has grown into all-encompassing retail giant, both online and offline.

Walmart's (WMT) move into an established Amazon business is part of a broader alliance with Rakuten (RKUNF), Japan's largest ecommerce company.

-- Between Amazon and Walmart, why would a student want to come int an understaffed, understocked, and over priced Follett store ? Sing it with me--" nana nana nana na na hey hey hey goodbye".....

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That is great idea, sometimes we have to pay restocking fees to publishers.

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Not a threat to text sales.

Whatever happened to restocking fees? The student buys the book at the bookstore and in doing so consumes many support services. They then order the exact same book somewhere else saving 35%. They return the book they bought from the bookstore when the cheaper book arrives. They receive full price of the book, even though they're consuming even more services.

Traditionally, restocking fees covers the cost of purchasing, shipping, shelving, POS, POS return, reshelving, return to publisher. Why aren't students expected to pay for services rendered? Why did the industry get away from this practice (follett, being an industry leader had to have decided to end the practice. Another great decision in a long line of great decisiions!?)

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