#significant decline

Publishing news tagged with #significant decline

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Book Fair Sales Plunge at Scholastic

Revenue at Scholastic's book fairs dropped 79% and total revenue at Scholastic dropped 32% in the quarter ended November 31, 2020, compared to the second quarter of fiscal 2020, as the pandemic led to a significant decline in the number of fairs held. The publisher has tapped two new leaders for... Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-12-18 05:00:00 UTC ]
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With a Plunge in Returns, Net Sales Fell 3.5% in April

Net sales declined only 3.5% in April for publishers who report to AAP's StatShot program. That small drop, however, was due to a significant decline in returns. Publishers are concerned that returns will be heavier than usual when stores reopen and start shipping back unsold titles. Continue reading at 'Publishers Weekly'