Detroit's Marwil Bookstore or purchasing them on the internet from online competitors, such as Amazon and eBay. After Marwil had been in business at WSU for some 59 years, Brian Kramer had seen textbook prices nearly triple over a period of two decades. According to a 2005 survey conducted by the National Association of College Students, about 25 percent of students had begun purchasing textbooks online. Another drastic change was when Wayne State opened a $6 million, 28,000-square-foot Barnes & Noble college bookstore right across the street in 2002. Marwil didn't have the fancy store front, cafe or music and apparel that was
Dot-com bubble Dot-com bubble The Nasdaq Composite stock market index, which included many Internet-based companies, peaked in value on March 10, 2000 before crashing. The burst of the bubble, known as the dot-com crash, lasted from March 11, 2000 to October 9, 2002. During the crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as communication companies, such as Worldcom, NorthPoint Communications and Global Crossing failed and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com,