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...best-selling item by both unit sales and dollars - not just in our electronics store but across all product categories on Amazon.com," Amazon founder and chief executive Jeff Bezos recently said. Amazon's profit soared 68%, to $199 million, for the quarter that ended Sept. 30. The book discounts could draw traffic to the site and tempt shoppers to pony up for the $259 Kindle. (See nine e-readers to gawk...

Author: /time Magazine | Title: Walmart, Target, Amazon: Book Price War Heats Up | 10/27/2009 | See Source »

While consumers and the retailers are bullish about the discounts, it's the book business that's throwing a fit. "The fear is that people get used to paying less for books than it costs to make them, which puts downward price pressure on everything," says Michael Norris, a publishing-industry analyst for research firm Simba Information. Wholesale prices for publishers and advances for authors could...

Author: /time Magazine | Title: Walmart, Target, Amazon: Book Price War Heats Up | 10/27/2009 | See Source »

This pricing could also crush big book retailers like Barnes & Noble and small independent stores. "I wouldn't want to be a mom-and-pop bookseller right now," says Heupel. The industry is so concerned about the battle that the American Booksellers Association has asked the Department of Justice's antitrust division to investigate the retailers' pricing practices. "Amazon.com, Wal-Mart and Target are devaluing the very concept of a book," the organization, which represents locally owned independent bookstores, wrote. "The entire book industry is in danger of becoming collateral damage in this war." (See the 100 best novels...

Author: /time Magazine | Title: Walmart, Target, Amazon: Book Price War Heats Up | 10/27/2009 | See Source »

Nena Baker feels particularly duped; she switched to SIGG while researching her book The Body Toxic: How the Hazardous Chemistry of Everyday Things Threatens Our Health and Well-Being. After having given the bottles as gifts to friends and family, Baker, whose book came out last year, is now accusing SIGG of "greenwashing."(Read "Going Green Just Got More Cost-Effective...

Author: /time Magazine | Title: How Green Is Your SIGG Water Bottle? | 10/27/2009 | See Source »

...response to backlash over their controversial new platform, TLR co-president Rachel L. Wagley ’11 e-mailed the Radcliffe Union of Students e-mail list and attended a club meeting to address what she considered to be misconceptions about the club. Misinterpreting the book by Ariel Levy, “Female Chauvinist Pigs,” as a work that argues against “societal dangers of second-wave feminism and sexual mania,” Wagley claims that feminism has gone too far and that women today have lost dignity as a consequence. Wagley should...

Author: By Lena Chen | Title: The Abstinence Mystique | 10/27/2009 | See Source »

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