Hobby Lobby inks massive Tribeca lease

The Oklahoma-based arts-and-crafts retailer known for its ownership's conservative political leanings is coming soon to Manhattan.Hobby Lobby, which opened its first chain in the city on Staten Island in March, has now signed one of the largest leases in Manhattan so far this year, inking a deal for 70,716 square feet at 270 Greenwich St. in Tribeca, according to a new report from JLL on the state of the retail sector for the second quarter of 2024.Hobby Lobby has more than two dozen locations across the Empire State but so far only one is currently open in the five boroughs, at 280 Marsh Ave. on Staten Island, where former President Donald Trump received 61.6% of the vote in 2020.A representative for the faith-focused store, whose core values include "Honoring the Lord in all we do by operating in a manner consistent with Biblical principles," indicated that the retailer was looking to expand elsewhere across the city and would have "more exciting news soon" after the March opening on Staten Island.Hobby Lobby's Manhattan debut was the highlight of the recent JLL report, released July 3, which shows that, overall, the city's volatile retail market continues to bounce back as the average asking rent is up this year compared to last, while the availability rate is down, reaching its lowest level on record. The average retail availability rate hit 15.3% last quarter, down from 21% before the pandemic in 2019 and significantly lower than the peak at 28% in 2021, according to... Continue reading at 'Crains New York'

[ Crains New York | 2024-07-09 09:48:05 UTC ]

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Publishers failing to improve racial and regional diversity, survey finds

Despite concentration of publishers in London, only 11% of respondents identified as BAME – significantly lower than average of 40% in the cityA major survey of the UK’s publishing workforce has found that “significant progress” still needs to be made on both the numbers of black, Asian and... Continue reading at The Guardian

[ The Guardian | 2019-01-16 00:00:00 UTC ]
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Pressure on retail space blamed for Parragon closure

Parragon is closing down in the UK because of competition and a lack of retail space, owner DC Thomson has told The Bookseller. Continue reading at The Bookseller

[ The Bookseller | 2018-03-01 00:00:00 UTC ]
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Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Quarto Says Profits Will Miss 2017 Target

The Quarto Group issued its second profit update of 2017, stating this morning that despite improved sales in the second half of the year, the publisher’s pre-tax profits will be “significantly lower than board expectations.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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Colin Kaepernick rumored to land a million-dollar book deal

Colin Kaepernick, the former San Francisco 49ers quarterback who inspired a nationwide protest movement against racism, has a million-dollar book deal from Random House imprint One World, according to the New York Post's Page Six. Random House did not immediately respond to a request for comment... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-25 00:00:00 UTC ]
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Best Practices For Authors Who Want Their Book In Bookstores

One of the most thrilling experiences an author can have is walking into a bookstore and finding their book on the shelves Continue reading at HuffPost

[ HuffPost | 2017-07-18 13:39:29 UTC ]
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Sales at Mass Merchandisers Continue to Bounce Back

The mass merchandiser channel, which had struggled before the runup to Easter, continued its rebound in late April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-28 00:00:00 UTC ]
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'Screen fatigue' sees UK ebook sales plunge 17% as readers return to print

Consumer sales down to £204m last year and are at lowest level since 2011 – when Amazon Kindle sales first took off in UK Britons are abandoning the ebook at an alarming rate with sales of consumer titles down almost a fifth last year, as “screen fatigue” helped fuel a five-year high in printed... Continue reading at The Guardian

[ The Guardian | 2017-04-27 00:00:00 UTC ]
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Audiobooks Turn More Readers Into Listeners as E-Books Slip

It’s unclear if publishers will bounce back by year’s end, but there are encouraging signs. There have been some prominent best sellers, including “Harry Potter and the Cursed Child.” Continue reading at The New York Times

[ The New York Times | 2016-09-23 00:00:00 UTC ]
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How Vox Media slashed its webpage load time in half

The sharp rise in mobile readership has forced publishers to ask themselves hard questions about their site performance. Joining the likes of GQ and The Washington Post, Vox Media has taken a hard look at its page load time, cutting it in half to an average of 11.5 seconds. Vox did this by... Continue reading at Digiday

[ Digiday | 2015-08-26 00:00:00 UTC ]
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Two Minnesota Indie Bookstores Consolidate

Two central Minnesota bookstores owned by Sally Wizik Wills--Beagle Books in Park Rapids and Sister Wolf Books in Dorset--have been consolidated into one retail space, and re-named Beagle and Wolf Books & Bindery. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-04 00:00:00 UTC ]
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New Oxford Brookes branch for Blackwell's

Blackwell’s has opened a new shop on Oxford Brookes University campus, 40% bigger than its previous one on the site. The shop officially opened yesterday (18th February), and sits above Starbucks in a new partnership for the bookseller. Starbucks is based on the ground floor and Blackwell’s... Continue reading at The Bookseller

[ The Bookseller | 2015-02-20 00:00:00 UTC ]
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Campaigners offered space in Kensal Rise library building

The Friends of Kensal Rise Library look set to be running a community library on the ground floor... Continue reading at The Bookseller

[ The Bookseller | 2014-03-24 00:00:00 UTC ]
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ADVERTISING SALESPERSON, ACCOUNT EXECUTIVE OR CATEGORY MANAGER

Like ad sales or regional managers, salaries for advertising salespeople, account executives or category managers fell last year—they didn’t bounce back for this segment in 2013 though. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-26 00:00:00 UTC ]
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Amazon's new China app store could help pave way for Kindle products

Amazon.com has updated its mobile app store to include support for its Chinese customers, in a sign that the U.S. company could be preparing to sell its Kindle e-readers and tablets in the country.The update effectively launches a new version of Amazon's app store built in the Chinese language.... Continue reading at PC World

[ PC World | 2013-05-06 00:00:00 UTC ]
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'Significantly lower' bonuses for Scardino and Makinson

Former Pearson c.e.o. Marjorie Scardino earned £6.35m in her final year at the company and... Continue reading at The Bookseller

[ The Bookseller | 2013-03-22 00:00:00 UTC ]
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Printed book sales slump to nine-year low

As temperatures soared across the UK, printed book sales slumped to their lowest level in nine... Continue reading at The Bookseller

[ The Bookseller | 2012-05-30 00:00:00 UTC ]
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Foyles goes east to Westfield Stratford

Written By: Lisa Campbell Publication Date: Thu, 10/11/2011 - 16:03 Foyles opened its new branch in the Westfield Stratford City shopping centre this week, placing the focus on children’s literature and attracting families. The 5,000 square foot store located on the ground floor of the centre... Continue reading at The Bookseller

[ The Bookseller | 2011-11-10 00:00:00 UTC ]
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July retail growth "modest", amid poor book market

Written By: Philip Jones Publication Date: Tue, 09/08/2011 - 09:43 July retail sales saw a modest improvement, according to figures from the British Retail consortium, though book sales fell to their lowest level for seven years with food continuing to outperform non-food items. read more Continue reading at The Bookseller

[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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July books spending hits seven year low

Written By: Philip Stone Publication Date: Thu, 04/08/2011 - 15:50 Spending on physical books in July slumped to its lowest level in seven years as ebooks continue to encroach onto traditional bookseller territory. According to Nielsen BookScan data, £111.5m was spent on printed books in the... Continue reading at The Bookseller

[ The Bookseller | 2011-08-04 00:00:00 UTC ]
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