By 2016, Edmonton had just one independent bookstore left. Steve Budnarchuk, who co-owns that store, Audreys Books, with his wife Sharon, says the industry experienced a slow near-extinction over 20 years. Part of it was our relationship to books themselves. “The previous generation, you could walk into their homes and there wasn’t an artifact in the place — no CDs, no DVDs, no books,” he says. “They weren’t buying.”
There was more to it than that, of course. Online retailer Amazon arrived in 1995 and undercut on price and nailed convenience. That was a slow burner — consumers weren’t quick to buy things online. Still, between 1995 and 2000, the number of independent bookstores in the United States contracted by nearly half, according to the American Booksellers Association. Canada trails American bookstore trends, Budnarchuk says. Still, the broad strokes were true here, too: Amazon was Goliath and there were many unsuccessful Davids.
Next came e-books (remember those?), which hacked into profits for independents.
Then, in the late 1990s, came the large-format chain bookstores like Chapters and Indigo. These “carpet bombed” Alberta, Budnarchuk says. The retailers opened 20 locations across the province, with eight in Edmonton alone. Greenwoods’ Bookshoppe, located on Whyte Avenue since 1979, succumbed in 2012. Budnarchuk says that to remain viable, the store made an effort to utilize all it services, including its government, corporate and schoolbook businesses.
Yet Amazon was only getting started. In the 2000s, the online retail space grew in popularity by offering intense discounts, including to book buyers. By 2011, book giant Borders fell, bankrupt. By 2018, Amazon’s rise had forced British book institution Barnes & Noble to seek a hedge-fund bailout. “It was a big hit,” Budnarchuk says. “As [Amazon] grew, our sales did shrink, no question. They drove the nail into the coffin of independent bookstores across the country more than anything.”