B&N will cut up to a third of its brick-and-mortar stores, slowly and carefully over 10 years. Bookseller Barnes & Noble has said it expects to shut up to a third of its real-world stores. CEO Mitchell Klipper has confirmed the plans in an interview with the Wall Street Journal. But underlining the considered nature of the closures, Klipper said they would happen slowly over 10 years, reducing the store count by about 20 every year down to about 450 or 500. While that sounds terrible, and will impact retail staff employment, it's a careful and considered reaction to the inevitable decline in in-person buying of goods, thanks to the Net, and of the rise of the ebook at the expense of the printed one. Klipper is confident of his business plan, and has been expanding B&N's digital book business to compensate. British book and newspaper retailer W.H. Smith, now over 220 years old and recently championed for its success, may be a role model.Read Full Story Continue reading at 'Fast Company'
[ Fast Company | 2013-01-28 00:00:00 UTC ]
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The Ingram Content Group has made a tentative offer to buy the retail wholesaling operation of Baker & Taylor, and the Federal Trade Commission has launched what it is calling a “very preliminary investigation” of the proposed deal, sources told PW. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-04 00:00:00 UTC ]
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Books from Granta, Hodder & Stoughton and Pan Macmillan have been unveiled as Foyles’ Books of the Year, with Convenience Store Woman by Japanese author Sayaka Murata taking the fiction crown. Continue reading at The Bookseller
[ The Bookseller | 2018-12-01 00:00:00 UTC ]
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Barnes & Noble executives said in a conference call Tuesday that they plan to open 10 to 15 new stores in calendar 2019. The move is, by far, the chain's most aggressive store opening schedule in years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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Bob Munce of the newly formed Christian Retail Association hopes to both liven up the industry and attract retailers with lower annual membership dues and innovative programs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-14 00:00:00 UTC ]
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The Chancellor of the Exchequer Philip Hammond will use today's Budget to announce a £1.5bn package of support for the High Street, including £900m in business rate relief, according to widespread reports. Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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The relatively modest price point of books suggests the sector could perform solidly this Christmas, analysts predict, with booksellers hailing a strong line-up across the board. Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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While the future for the Association for Christian Retail remains unclear, a new Christian trade association has been formed as part of an "ongoing effort to support independent Christian retailers and the industry as a whole." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Something of a debate is underway in the Russian market, where some see online retail as a key to future sales growth, while major chains are also showing good numbers in physical stores. Editor’s note: Following our pre-Frankfurt interview with Eksmo CEO Evgney Kapyev, reports from Moscow are... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-19 00:00:00 UTC ]
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The popular gaming chat app wants to be the local bookstore to Steam’s Amazon. Discord hopes to claim a piece of the $29 billion digital PC game sales market by adding a store to its popular gaming chat app. The Discord Store Beta, which is launching today after a limited test run in Canada,... Continue reading at Fast Company
[ Fast Company | 2018-10-16 00:00:00 UTC ]
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Barnes & Noble's latest prototype store, opening in Columbia, Maryland, today, offers a smaller footprint, contemporary design touches, and booksellers equipped with tablets. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-19 00:00:00 UTC ]
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For the first time in four months, Austin Barnes was permitted a free trip around the bases, but his expression revealed little as he circled them. He clenched his jaw and tilted his chin toward his chest. A ballpark awakened around him, as Barnes revived the offense in the third inning of an... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-05 00:00:00 UTC ]
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Barnes & Noble was on the cusp of being sold to another book retailer in June before the deal fell through, it has been revealed. Continue reading at The Bookseller
[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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Walmart and ebook retailer Rakuten Kobo have launched a partnership through which the bricks-and-mortar giant will sell a range of Kobo digital content and devices. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Walmart has officially launched the Amazon ebook and audiobook rival it's been working on with Kobo this past year. The big box retailer announced its partnership with Kobo's parent company Rakuten back in January, promising to give its customers (i... Continue reading at Engadget
[ Engadget | 2018-08-22 00:00:00 UTC ]
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Amazon pays only £38m a year in business rates in England and Wales, a Daily Mail investigation has found, while enjoying soaring turnover. Continue reading at The Bookseller
[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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Wren & Rook, part of the Hachette Children’s Group, is publishing a book full of tips on how to ditch plastic and reduce rubbish. Continue reading at The Bookseller
[ The Bookseller | 2018-08-01 00:00:00 UTC ]
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As Ukraine's bookselling prospects improve, the loss of the country's open-air market book stalls may mean more challenges for the book business. The post Retail Pressures: Ukraine’s Open-Air Bookselling Marketplaces Appear Headed for Closure appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-25 00:00:00 UTC ]
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The venerable Dublin bookseller, namedropped in Ulysses and a focal point for literary tourists thereafter, remains a stalwart of the books scene in the Irish capital—and looks set to remain so. Continue reading at The Bookseller
[ The Bookseller | 2018-07-23 00:00:00 UTC ]
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The ebook publishing platform PublishDrive founded three years ago in Hungary has a retail agreement with China's online retailer Dangdang. The post PublishDrive Announces Partnership with Chinese Retailer Dangdang appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-19 00:00:00 UTC ]
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Michael Ondaatje speaks Sunday after winning the Golden Man Booker Prize for his novel "The English Patient" at the Royal Festival Hall in London. Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-07-09 00:00:00 UTC ]
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