Barnes & Noble is planning for a “terrible” holiday season, and Borders is on life support, meaning declining orders for graphic novels, ICv2 reports:
The nation’s largest book chains are feeling the pain of the financial crisis and passing it on to their suppliers, with a tough holiday season and 2009 ahead. Graphic novel buys for November and December have been cut 30% to 60% by the two largest book chains, according to one major graphic novel publisher.
Related; More thoughts on the recession and comic books at The Comics Reporter.
Our thoughts? Stock up on peanut butter; we’ll all be eating a lot of it.