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Is it time for fresh hands at the top? Mr Fox seems to be stumbling, and is not being realistic. Waterstones isn’t for sale, then it is. Live, which they only bought a year or so ago is up for sale, (depending what you read where), and is owning only 50% of a digital company enough, and/or have they done enough with the investment in 7Digital? I wonder if Simon Burke would be better placed to put the chain back on the road to recovery. He has experience at Virgin Records, (and I understand only left because he couldn’t implement his radical plans), and has proven track records at Hamleys, Majestic and Superquinn.

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