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Written By:
Charlotte Williams, Lisa Campbell and Graeme Neill
Waterstone's booksellers are relieved over the chain's acquisition by Alexander Mamut, with one saying: "The staff will be behind [new managing director James Daunt] 100%." Fears remained, however, over possible bookshop closures.
One bookseller said news of the deal was "gratefully received". "There is not total calm yet as everyone is still waiting to see what will happen. While Daunt is a confidence-booster about the future of the stores after a worrying few weeks, we still don't know what will happen when he comes in," he said.
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