Friday August 14, 2020

Caught in a web of rapid change

The collapse of the renowned bookshop chain Hughes &Hughes was primarily blamed on high rents, but the increasing dominance of online booksellers was at least as big a factor

13th March, 2010

They say that we tend to overestimate the impact of technology in the short term while underestimating it in the longer term.

I was reminded of that adage when I learned that a receiver had been appointed to one of my favourite bookshops, Hughes & Hughes, last month.

The company blamed its difficulties on a collapse in consumer demand; falling passenger numbers going through Dublin and Cork Airports, where it has a number of concessions;...

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