Indigo Has Solid Second Quarter

Comparable store sales at Indigo's superstores rose 9.6% over the second period in 2013 and increased 2.4% at its small format outlets. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-11-05 00:00:00 UTC ]

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Cloud Services Drive Amazon in Second Quarter

Results at Amazon Web Services helped to increase second quarter sales and profits 10% and 90%, respectively, at the company, while sales in its online sales division rose only 5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-02 04:00:00 UTC ]
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Soft Fourth Quarter Foils Scholastic's Fiscal 2024 Hopes

After posting lackluster financial results for the first nine months of fiscal 2024, Scholastic’s hopes for a good fourth quarter did not materialize, with the company posting a 10% decline relative to last year’s record quarter and finishing the year down 7% from 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-19 04:00:00 UTC ]
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Digital Sales Boost Religion Results in First Quarter

Sales of religion books increased 5.2% in the first quarter of 2024, picking up where things left off last year, when religion book sales led all publishing sectors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-04 04:00:00 UTC ]
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Indigo Shareholders Approve Sale of Canada's Largest Bookstore Chain

By large majorities, Indigo shareholders approved the sale of the Canadian bookstore chain to private equity firms controlled by Canadian billionaire Gerald Schwartz, an Indigo board member and the husband of Indigo founder and CEO Heather Reisman. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
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Charges dropped against 4 in Toronto Indigo bookstore vandalism

Charges have been dropped against four of the 11 people charged with mischief and criminal harassment, which police called "hate-motivated," after an Indigo bookstore was vandalized last fall. Continue reading at CBC

[ CBC | 2024-05-22 13:48:29 UTC ]
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AAP StatShot: US Book Industry Flat in First Quarter

In its look at Q1 2024, the American publishers' StatShot tracking analysis sees children's and YA books under pressure in March. The post AAP StatShot: US Book Industry Flat in First Quarter appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-16 18:51:38 UTC ]
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Publishing Industry Sales Were Flat in the First Quarter of 2023

Trade publishing sales saw declines in the first quarter, precipitated by drops in the adult nonfiction and children's/YA categories, although audio continues to be a bright spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-16 04:00:00 UTC ]
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HarperCollins Profits Slow Down in the Third Quarter

HarperCollins eked out only a small profit in its latest quarter, with a 14% increase in digital audiobook sales insufficient in offsetting softer sales to Walmart and Costco and slowing sales of romance books and children's books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-09 04:00:00 UTC ]
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Full Steam Ahead for Amazon in Strong First Quarter

Driven by its cloud computing unit, sales and earnings at Amazon posted big first-quarter gains this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-01 04:00:00 UTC ]
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First Quarter Sales Rose 3% at HBG

Good performances at its English-language divisions, including a 3% gain at Hachette Book Group, helped to increase first-quarter sales at Lagardère Publishing to €576 million, a 1.1% gain over 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-25 04:00:00 UTC ]
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With Nonfiction Soft, Print Book Sales Fell 1.7% in First Quarter

Led by books by Sarah J. Maas and Rebecca Yarros, fiction sales were up in the first quarter this year, but nonfiction declines resulted in a 1.7% drop in total unit sales of print books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-09 04:00:00 UTC ]
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Canada’s Indigo Bookstore Chain Agrees to a Buyout Offer

The buyout offer is expected to close in June, when Indigo will be removed from Toronto's stock market, the company going private. The post Canada’s Indigo Bookstore Chain Agrees to a Buyout Offer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-03 21:44:05 UTC ]
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Indigo Agrees to Buyout Offer

Indigo Books & Music, Canada's troubled largest bookseller, has agreed to accept an offer of C$2.50 per share from two investment firms that will take the company private should the transaction be approved by shareholders later this spring. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-03 04:00:00 UTC ]
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Scholastic Posts Mixed Third Quarter Results

A solid performance by Scholastic's trade group and international division offset revenue declines in book clubs and book fairs, leaving total sales at the company basically flat in the quarter ended February 29, 2024, with the comparable period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-22 04:00:00 UTC ]
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Indigo Sales Dropped 12% in Q3 and Profits Plunged

Just days after it revealed that it had received an offer to take the company private, Canada's Indigo Books & Music released its financial results for the crucial holiday season—and as even CEO Heather Reisman admitted, the results were “disappointing.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-09 05:00:00 UTC ]
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Indigo Books and Music Gets a Buyout Offer

Two investment firms led by Canadian billionaire Gerald Schwartz—an Indigo board member, husband of founder Heather Reisman, and the company's majority owner—has made an offer to acquire the remaining shares of Canada's largest bookstore chain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-05 05:00:00 UTC ]
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B&NE Shows Improvement in Its Second Quarter

An increase in its First Day Complete sales and lower costs in its second period resulted in a jump in earnings, on flat sales, at Barnes & Noble Education, which operates more than 1,270 college stores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-07 05:00:00 UTC ]
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Wiley Second Quarter Marked by Rightsizing Efforts

As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
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Indigo bookstore vandalism sparks debate over definition of antisemitism

The vandalism of an Indigo book store in Toronto illustrates the challenges that may come with both defining antisemitism, and when anti-Israel actions or sentiment cross the line from legitimate protest to hate. Continue reading at CBC

[ CBC | 2023-12-02 09:00:00 UTC ]
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