They do but not like they used to.

Edit: Actually two things killed bookstores. In the 1990s the megabookstores (e.g. Borders, Barnes and Noble) with coffee shops and living rooms for people to hang out in blew up and put a lot of the independent bookstores out of business. Then the internet blew up and Amazon put Borders and Barnes and Noble out of business.

Some independents have returned here and there, or managed to hang on through it all, but it's a shadow of what used to exist in most places.