David & Goliath in Japan
They say about1,300 bookstores closed last year and 6,400 have disappeared since 1995. Most big stores are not in much better shape, this is a result of a bubble in the book retailing business.
Bookstores also face tough competition from discount stores selling remaindered or almost-new books, from online bookstores, public libraries and ``manga cafes,\'\' where customers can browse among current manga comic.
I think we have now run this same story from the US, Ireland, England, and now Japan.