Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at 'The Bookseller'

[ The Bookseller | 2020-04-17 01:14:48 UTC ]

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HMV begins store closure programme

Written By: Lisa Campbell Nine HMV stores have shut their doors as the music retailer begins it's programme of closures. The HMV Group announced at the beginning of the year it would shut 40 HMV stores and 20 Waterstone's shops within 12 months in a bid to cut costs, and it has begun to close... Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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