Waterstone's About Face

Here is an interesting little article (thanks to MarkCN for the link on Twitter):

http://blogs.telegraph.co.uk/finance/jameshall/100003012/waterstones-returns-to-roots/

If Waterstone's do manage to get back to the smaller bookstore vibe and start buying in lesser-known books rather than all the diabolical celebrity autobiographies, then this can only be a good thing in my eyes. And if, down the road, this leads to publishers taking a chance on first time authors again, it will be tremendous.

So, tentatively, this appears to be good news!