For the first time, UK e-book sales have fallen across the board.

Can this be why Amazon is planning 400 bookstores?

Waterstones chief executive, James Daunt, feels that “the advantages and disadvantages of digital reading are becoming better understood … This is resulting in a partial return to physical book reading as ebook reading finds its natural level. In particular, this is favouring good publishing: with good books, there is a clear benefit to owning the real thing. A bookshelf of real books makes its digital imitator seem pale indeed.”