Eason to inject €20m into book chain as part of restructure

Written By: Lisa Campbell Publication Date: Wed, 30/03/2011 - 09:36 Eason is pumping €20m into the company over the next three years, at the same time as embarking on trade union talks over a restructure that will likely include some job losses. The Irish bookselling chain announced to staff and employees it would invest the sum "as part of a new strategic plan that will reposition the business in the current extremely challenging retail market environment". The cash is coming from "cash, bank restructuring and some from the €8milion which will be saved over the next three years". read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-03-30 00:00:00 UTC ]

Other news stories related to: "Eason to inject €20m into book chain as part of restructure"


‘The potential to undermine democracy’: European publishing trade bodies call for action on generative AI

Three organisations argue that more transparency is needed after research found AI models have been trained using pirated works by authors such as Zadie Smith and Stephen KingThree major European publishing trade bodies have urged the EU to “act now” on transparency over artificial intelligence... Continue reading at The Guardian

[ The Guardian | 2023-10-19 13:53:46 UTC ]
More news stories like this


Indigo Recovering from Ransomware Attack

A month after a ransomware attack shut down the bookseller's website and crippled its internal computer systems, the book chain's stores are again accepting all forms of payment and its online store has been restored and is fully functional. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-08 05:00:00 UTC ]
More news stories like this


News Corp announces end of more than 100 Australian print newspapers in huge shift to digital

Print editions of dozens of regional newspapers to finish, with sweeping job cuts feared‘Gutting’: News Corp Australia’s newspaper print closures will leave ‘thousands of stories’ untoldNews Corp Australia has confirmed that more than 100 local and regional newspapers will become digital only or... Continue reading at The Guardian

[ The Guardian | 2020-05-27 23:38:41 UTC ]
More news stories like this


Rupert Murdoch gives up his bonus as News Corp loses US$1bn in three months

Huge losses driven partly by fall in valuation of Australian pay TV service Foxtel and decline in news advertising revenue Rupert Murdoch’s global media empire, News Corp, lost US$1bn in the three months to the end of March and is expecting more financial pain as the economic fallout from the... Continue reading at The Guardian

[ The Guardian | 2020-05-08 01:49:41 UTC ]
More news stories like this


Waterstones says it can't pay living wage, as 1,300 authors support staff appeal

Managing director says book chain ‘simply not profitable enough’, as Sally Rooney, Val McDermid and other authors write to protestMore than 1,300 writers including Kerry Hudson, David Nicholls, Sally Rooney, Michael Rosen and Val McDermid have backed a campaign for Waterstones booksellers to be... Continue reading at The Guardian

[ The Guardian | 2019-03-26 00:00:00 UTC ]
More news stories like this


Barnes & Noble Stock Jumps After Investor Ups Stake

After reporting disappointing Q1 results on Thursday, Barnes & Noble saw its stock price jump on Friday following a new investment by Richard Schottenfeld, the head of an eponymous investment firm that took a 5.58% stake in the book chain in July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
More news stories like this


Investments Led to Higher Loss at Indigo

Investments in Indigo’s Canadian retail network led to an increase in the company’s losses, which rose to C$15.4 million last quarter. CEO Heather Reisman said the investments will position the book chain for future growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
More news stories like this


Time Inc. Puts a Hold on Sale Rumors

The publisher will pursue its "own strategic plan," the company announced this morning. The post Time Inc. Puts a Hold on Sale Rumors appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-04-28 00:00:00 UTC ]
More news stories like this


Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'

It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The... Continue reading at Advertising Age

[ Advertising Age | 2017-04-28 00:00:00 UTC ]
More news stories like this


Daunt warns of job losses if irresponsible Brexit prevails

Waterstones boss James Daunt has sent a stark email to employees warning that if the UK leaves Europe, the “brutal reality" is that the retailer would be forced to axe jobs. Continue reading at The Bookseller

[ The Bookseller | 2016-06-15 00:00:00 UTC ]
More news stories like this


Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian

[ The Guardian | 2015-12-07 00:00:00 UTC ]
More news stories like this


Twelve redundancies at The Folio Society

Twelve members of staff left The Folio Society in January, the publishing house has confirmed.  A spokesperson said the job losses came as a result of a "fundamental restructure" of the company, with The Folio Society now employing a total of 58 people. The job losses came from marketing,... Continue reading at The Bookseller

[ The Bookseller | 2015-03-05 00:00:00 UTC ]
More news stories like this


Imperial War Museum library threatened with closure

The Imperial War Museum (IWM) has confirmed it is consulting on restructuring its organisation, in changes which staff say could see its library close and up to 80 people lose their jobs. Altogether, the institution, made up of several museums around the UK, is seeking to reduce annual... Continue reading at The Bookseller

[ The Bookseller | 2014-11-08 00:00:00 UTC ]
More news stories like this


Job losses as Bonnier companies relocate

A small number of job losses will occur as Bonnier moves UK publishing businesses to Surrey.... Continue reading at The Bookseller

[ The Bookseller | 2013-11-01 00:00:00 UTC ]
More news stories like this


Job losses for Lonely Planet

Lonely Planet is to cut 70 to 80 jobs across its London, Melbourne and Oakland offices. No... Continue reading at The Bookseller

[ The Bookseller | 2013-07-18 00:00:00 UTC ]
More news stories like this


Eason set to keep stores despite job losses

Irish chain bookseller Eason looks likely to escape sizeable store closures following the... Continue reading at The Bookseller

[ The Bookseller | 2011-12-01 00:00:00 UTC ]
More news stories like this


Eason to inject €20m into book chain as part of resructure

Written By: Lisa Campbell Publication Date: Wed, 30/03/2011 - 09:36 Eason is pumping €20m into the company over the next three years, at the same time as embarking on trade union talks over a restructure that will likely include some job losses. The Irish bookselling chain announced to staff... Continue reading at The Bookseller

[ The Bookseller | 2011-03-30 00:00:00 UTC ]
More news stories like this


Eason to inject €20m into book chain as part of restructure

Written By: Lisa Campbell Publication Date: Wed, 30/03/2011 - 09:36 Eason is pumping €20m into the company over the next three years, at the same time as embarking on trade union talks over a restructure that will likely include some job losses. The Irish bookselling chain announced to staff... Continue reading at The Bookseller

[ The Bookseller | 2011-03-30 00:00:00 UTC ]
More news stories like this