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APPLETON, Wis. — This fall, at a moment when retailers traditionally look forward to reaping holiday profits, the owner of the fourth-largest bookstore chain in the country surrendered to the forces of e-commerce.

"Bookstore Chains, Long in Decline, Are Undergoing a Final Shakeout" is from the December 28, 2017 Business section of The New York Times. It was written by David Streitfeld and narrated by Barbara Benjamin-Creel.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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