How and why does a stock drop 5% in one day on no news?
MFC Management better get their PR act together. We need some positive press here! This just keeps dropping, yet the execs still keep making $$$!!!
I was thinking the same thing. The physical stores already exist (AMZN wouldn't have to start from scratch) and even if some need a facelift, it's cheaper than building new.
Although I'd be sad to see B&N go, I'd rather have another physical bookstore take their place than have them disappear altogether. Although I shop at AMZN quite often, we also go to the local B&N to experience the books and other products in person. My wife and daughter go once or twice a month and buy at least two or three books every visit.
A larger thought . . . AMZN could use their brick and mortar locations as product pick-up locations as well.