And if you’re a bookseller, then the chances are that you’ve encountered marketing strategies and competitive pressures that trace their origins to Lackington’s shop. In the 21st-century marketplace, there is sometimes a longing for an earlier, simpler age, but the uneasy tension between giant and small retailers seems to have been a constant since the beginning. The Temple of the Muses, which was one of the first modern bookstores, was a mammoth enterprise, by far the largest bookstore in England, boasting an inventory of over 500,000 volumes, annual sales of 100,000 books, and yearly revenues of £5,000 (roughly $700,000 today). All of this made Lackington a very wealthy man—admired by some and despised by others—but London’s greatest bookseller began his career inauspiciously as an illiterate shoemaker. (Read more.)Share
Tuesday, October 25, 2016
The Man Who Invented Bookselling
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