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 ]
Waterstones is on course to make a small profit this year but it is “all to play for” over the next few weeks, the chain’s m.d James Daunt has said. Continue reading at The Bookseller
[ The Bookseller | 2015-11-24 00:00:00 UTC ]
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The shortlist for the Waterstones Book of the Year 2015 has been revealed, featuring a list that would "not have been produced by an algorithm,” the chain's m.d. James Daunt has said. The eight-strong selection nominated by Waterstones booksellers across the UK encompasses four novels, three... Continue reading at The Bookseller
[ The Bookseller | 2015-11-13 00:00:00 UTC ]
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Amazon saw a 23% rise in sales in the third quarter (ending September 30th) to $25.4bn ($20.6bn in third quarter 2014). Net income stood at $79m in the third quarter, compared to a loss of $437m in the same period in 2014. The results follow a profitable second quarter of the year. Amazon is... Continue reading at The Bookseller
[ The Bookseller | 2015-10-24 00:00:00 UTC ]
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In a week when The Bookseller reported that James Daunt was removing Kindle devices from most of Waterstones’ shelves, one wonders if the ever-pragmatic boss of the high street chain was simply making room for Super Thursday books. Last year the trade contrived to release 300 hardbacks... Continue reading at The Bookseller
[ The Bookseller | 2015-10-09 00:00:00 UTC ]
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Booksellers say they are enjoying a “bumper summer”, with the release of Harper Lee's Go Set a Watchman encouraging people to “re-engage with books and bookshops again.” James Daunt, m.d of Waterstones, said the release of the William Heinnemann title last month had injected life into the... Continue reading at The Bookseller
[ The Bookseller | 2015-08-07 00:00:00 UTC ]
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Waterstones is set to open a store in Welwyn Garden City next month after being “petitioned” by the town’s residents. The chain will open a branch in Howardsgate on 25th July, with a special Peter Rabbit family fun day. The shop will include a cafe as well as a stock of close to 20,000... Continue reading at The Bookseller
[ The Bookseller | 2015-06-25 00:00:00 UTC ]
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In the last four years, Waterstones has changed to a company which is more customer-focused, with booksellers who have more flexible working hours, more accountability and higher energy, according to the chain’s m.d. James Daunt was speaking on the subject of the value of booksellers in a... Continue reading at The Bookseller
[ The Bookseller | 2015-06-25 00:00:00 UTC ]
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Waterstones stores across the country will host midnight openings to celebrate the release of Harper Lee’s forthcoming novel Go Set a Watchman (William Heinemann), while the company’s flagship Piccadilly shop will host a festival. M.d. James Daunt has called the launch a "thrilling"... Continue reading at The Bookseller
[ The Bookseller | 2015-06-12 00:00:00 UTC ]
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2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller
[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Waterstones shops should be "significantly more entrepreneurial than they are at the moment", James Daunt has said. Speaking on a panel at the IPG spring conference about chain bookshops, alongside Blackwell's David Prescott, Daunt said that the "point at which we become more confident in... Continue reading at The Bookseller
[ The Bookseller | 2015-03-06 00:00:00 UTC ]
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Library services are being hit by failure to spend on book stock and the growing cost of council overheads, according to new analysis from former Waterstones boss and library campaigner Tim Coates. Continue reading at The Bookseller
[ The Bookseller | 2015-02-24 00:00:00 UTC ]
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Waterstones has passionate booksellers who are “handselling again”, breaking début novelists and “building careers”, according to publishers. Chief executives and sales directors of publishing houses have spoken to The Bookseller following the release of the chain retailer’s annual results (to... Continue reading at The Bookseller
[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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A strong performance from HarperCollins and the acquisition of Harlequin has boosted parent company News Corp's quarterly results. Revenue for publisher's worldwide operation for the second quarter of the financial year, covering the three months to December 31st 2014, increased 20% from $391m... Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller
[ The Bookseller | 2015-02-06 00:00:00 UTC ]
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Reports that physical books are gaining ground at the expense of digital are just plain wrongHas the ebook had its day? If you’ve skimmed a newspaper over the past month you could be forgiven for thinking just that. “The physical book market is making a comeback after years of decline,”... Continue reading at The Guardian
[ The Guardian | 2015-02-01 00:00:00 UTC ]
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Proposals to change Ordnance Survey from a Trading Fund into a government-owned company [GovCo], which will enable it to introduce more products and services and to grow more quickly, have moved one step closer. This week Matthew Hancock, minister of state for business, enterprise and energy,... Continue reading at The Bookseller
[ The Bookseller | 2015-01-24 00:00:00 UTC ]
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With the public promiscuously hopping from one format to another, reports of the e-reader’s death look distinctly prematureWe have barely stumbled into 2015 and already some commentators are calling time on the ebook. The analysis was provoked by Waterstones’ managing director, James Daunt, who... Continue reading at The Guardian
[ The Guardian | 2015-01-07 00:00:00 UTC ]
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Waterstones’ core Christmas sales were up over 5% year-on-year but overall revenue was hit by lower sales of Kindle devices. The chain bookseller’s m.d, James Daunt, said the company had a “solid” Christmas and was pleased with sales of books, stationery and toys, with new stores in the estate... Continue reading at The Bookseller
[ The Bookseller | 2015-01-07 00:00:00 UTC ]
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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... Continue reading at The Bookseller
[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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