Leading British book retailer Waterstones, formerly known as Waterstone's, was established in 1982 by Tim Waterstone. As of June 2022, the business, which has a significant presence, particularly in the UK, operated 311 stores and provided a wide range of books, stationery, and related products. Waterstones has experienced several ownership transitions throughout the years, including the purchase of the company by A&NN Capital Fund Management in 2011 and the purchase of the controlling interest by Elliott Management Corporation in 2018.

The company's development has been marked by a number of key alliances and projects. For instance, in several selling outlets, Waterstones had concession deals with companies like Paperchase and the coffee franchises Costa Coffee and Starbucks. However, the business unveiled its own Café W brand in 2012. In order to further demonstrate its dedication to supporting writing and reading, Waterstones has supported literary honours like the Children's Laureate Award and the Waterstones Children's Book Prize.

Waterstones has experienced several changes throughout the years as it has adapted to the shifting retail environment and changing consumer tastes. Despite obstacles, the company has persisted in its goal to offer a wide selection of books and encourage a love of reading. Waterstones is still a beloved destination for readers everywhere thanks to its extensive history, clever alliances, and commitment to literature.