Daunt: 'Waterstones could break even this financial year'

Waterstones will “break even” this year if the retailer has a good Christmas, according to its m.d James Daunt. In an interview with the Guardian, the Waterstones boss said the chain’s intention was to eradicate its losses by the end of its financial year. “We are heading towards break-even in the current financial year,” he said. “If we have a decent Christmas, that is where we will get to.” Continue reading at 'The Bookseller'

[ The Bookseller | 2014-12-02 00:00:00 UTC ]

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News Corp profits dive 75% as Rupert Murdoch-owned company hints at AI future

Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving... Continue reading at The Guardian

[ The Guardian | 2023-08-11 00:14:07 UTC ]
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Barnes & Noble is stealing the indie shop playbook, and it’s working

James Daunt launched his first indie bookshop in London 33 years ago. The Barnes & Noble CEO is now bringing the lessons he learned to the biggest bookseller in America. If you’re strolling down the Marylebone High Street in London, you’ll stumble across a popular bookstore called Daunt... Continue reading at Fast Company

[ Fast Company | 2023-02-28 04:30:00 UTC ]
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Waterstones 'in very good shape' for Christmas, says Daunt

Waterstones m.d James Daunt says the retailer is in "very good shape" heading towards Christmas, despite issues with the global supply chain. Continue reading at The Bookseller

[ The Bookseller | 2021-12-07 01:00:41 UTC ]
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New Rooney is already 2021’s bestselling hardback novel, says Waterstones

Sally Rooney’s latest novel Beautiful World, Where Are You (Faber) is already the biggest-selling hardback fiction title of 2021 at Waterstones after just three days on sale, the chain's m.d. James Daunt has said. Continue reading at The Bookseller

[ The Bookseller | 2021-09-10 14:57:27 UTC ]
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Daunt reveals sales rise at Barnes and Noble

James Daunt has hailed a rise in sales at American bookseller Barnes & Noble following changes he introduced after being appointed as its c.e.o. in 2019. Continue reading at The Bookseller

[ The Bookseller | 2021-08-27 02:05:18 UTC ]
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Profile turnover up 7% after 'healthy' year

Profile Books has reported a "healthy" financial year for the 12 months to end of March 2020, with a turnover of £12.2m, up 7% on the previous year. Continue reading at The Bookseller

[ The Bookseller | 2021-01-27 22:15:55 UTC ]
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Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller

[ The Bookseller | 2021-01-08 08:40:13 UTC ]
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Library spending fell by £20m in 2019/20 amid warnings of further cuts

New figures show total spending on Great Britain's libraries fell by £20m in the last financial year, as Libraries Connected warned more budget reductions are on the way. Continue reading at The Bookseller

[ The Bookseller | 2020-12-04 10:12:19 UTC ]
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Daunt warns 'Today' programme of Christmas threat to indies

Waterstones m.d. James Daunt has reiterated his claims bookshops should be considered essential retailers and warned some indies will go out of business if they don't get vital Christmas trade. Continue reading at The Bookseller

[ The Bookseller | 2020-11-11 10:47:16 UTC ]
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Daunt looks to click and collect as lockdown 'game-changer'

Click and collect could be a game-changer for high street booksellers during the second national lockdown, Waterstones m.d. James Daunt has told The Bookseller.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-02 04:27:51 UTC ]
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Daunt confident on Christmas despite 'devastating' local lockdowns

Waterstones m.d. James Daunt has admitted local lockdowns have been “devastating” for sales but says he is confident stores can meet demand in the run-up to Christmas. Continue reading at The Bookseller

[ The Bookseller | 2020-10-14 14:54:03 UTC ]
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Daunt outlines his strategy for Barnes & Noble

Barnes & Noble chief executive and Waterstones m.d. James Daunt has said the two-and-a-half month lockdown in the US was "hugely traumatic" and a "body blow" to employees, but that B&N had used the period to bring much needed changes the US chain's estate. Continue reading at The Bookseller

[ The Bookseller | 2020-09-13 18:36:08 UTC ]
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CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
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Waterstones will emerge from crisis despite shopper caution, Daunt tells IPG

Shoppers will be cautious about returning to the high street but Waterstones will emerge from the coronavirus crisis and eventually have a wider range of shops, the firm's c.e.o. James Daunt has said. Continue reading at The Bookseller

[ The Bookseller | 2020-06-02 12:12:46 UTC ]
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Daunt and Newton to speak at IPG Virtual Spring Conference

Waterstones c.e.o. James Daunt and Bloomsbury founder Nigel Newton are among the list of speakers for the IPG's first ever Virtual Spring Conference, which is now fully booked. Continue reading at The Bookseller

[ The Bookseller | 2020-05-28 09:42:14 UTC ]
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US Book Industry Study Group Announces James Daunt Keynote

The annual meeting of BISG in April will hear Barnes & Noble and Waterstones' James Daunt in a keynote address around supply chain issues. The post US Book Industry Study Group Announces James Daunt Keynote appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-01-14 15:25:18 UTC ]
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Daunt on the double in The Bookseller's most influential list

Waterstones and Barnes & Noble c.e.o. James Daunt has become the first trade figure to be named person of the year for the second time in The Bookseller's annual listing of the most powerful and influential people in the British book trade. Continue reading at The Bookseller

[ The Bookseller | 2019-12-13 05:14:10 UTC ]
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James Daunt at FutureBook Live: Barnes & Noble’s ‘Crucifyingly Boring’ Stores

Seeing Barnes & Noble stores' character 'crushed' by the corporate 'opulence' of American business, James Daunt says the chain must 'rip out the boring.' The post James Daunt at FutureBook Live: Barnes & Noble’s ‘Crucifyingly Boring’ Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-25 05:05:12 UTC ]
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Daunt tells booksellers 'don't be boring' to survive Amazon era

Bookshops need to avoid being “boring” and apply a “bookseller's mind” to data if they want to survive in an era dominated by Amazon, Waterstones m.d. and Barnes & Noble c.e.o. James Daunt has said. Continue reading at The Bookseller

[ The Bookseller | 2019-11-24 17:39:21 UTC ]
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FutureBook Live 2019 Ramps Up: Maintaining ‘the Cultural Caché of Books’

With four program tracks, the upcoming 2019 FutureBook Live conference in London includes Barnes & Noble and Waterstones' James Daunt among its keynotes. The post FutureBook Live 2019 Ramps Up: Maintaining ‘the Cultural Caché of Books’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-12 16:00:23 UTC ]
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