Feeds

Waterstone's to take on Kindle and Nook with own reader

Another chance to buy someone's cash register for them

The essential guide to IT transformation

Waterstone's is to launch its own ereader in the hopes of competing with Amazon's Kindle next year.

The company's managing director, James Daunt, said that he had been inspired by the Nook, US bookseller Barnes & Noble's ereader.

A spokesperson for Waterstone's told The Reg he had no comment on the plan, announced by Daunt on BBC 4 radio.

The advent of ebooks, and even selling actual books online, has given bricks-and-mortar bookshops the same headaches that iTunes gave high street CD-sellers, and while Waterstone's does sell ebooks and books on its website, it has had a hard time competing with Amazon.

The chain, which is the last one standing in the UK after the demise of Borders and Books Etc, has been in the midst of a transformation since HMV Group sold it to Russian businessman Alexander Mamut.

He brought in Daunt – the owner of specialist London bookshop chain Daunt Books – to turn the bookseller around. Daunt has so far ditched the chain's decade-old 3-for-2 offer and vowed to shake the joint up to rescue its flagging sales.

Barnes & Noble has consistently credited the Nook for its good sales, reporting in the first quarter of this year that sales associated with the device, including the hardware, content and accessories, had jumped 140 per cent to $277m from the first quarter of 2010.

Amazon does not release sales figures on the Kindle, nor tell us how many it has sold, but analysts reckon the etailer will sell around 17 million units this year and make around $3.5bn from all related sales.

Waterstone's will have to hook up with a hardware partner if it hopes to launch its own ereader, as Barnes and Noble did with Foxconn, the well-known Taiwanese manufacturer of iPhones. The announcement of a partnership could well be imminent, however, with Daunt claiming the project was "well down the planning line" and would launch in the first quarter of 2012. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?