Harvard Book Store bought by techie

The Boston Globe reports (or, reported, I'm late on this) that the Harvard Book Store in Cambridge has changed hands, and is now owned by Jeff Mayersohn, who previously worked in tech. The Harvard Book Store, which isn't officially affiliated with the College across the street, is a really nice store. I must admit, however, that I go directly to the basement of the store, where all of the used books are kept. It isn't huge, but they tend to have a few books worth checking out. Generally, there is a handful of Loebs and Oxford Classical Texts which are satisfyingly marked down. That is also where I got my rather silly-looking Duckworth edition of Marinone's All the Greek Verbs and a cheap copy of H.G. Wells' Island of Dr. Moreau. The Globe says:

Mayersohn's former career as an Internet pioneer is somewhat ironic, considering that the advent of online retailing - such as Amazon.com - has contributed to the downfall of the independent bookstore.

I've always imagined that smaller bookstores would go all-used, leaving the new books to Amazon, and freeing up shelf-space for the books of Kindlers and the like. It seems to me that used books is really where bricks and mortar matter.