Indigo Loses CEO, Reports Sales Drop, Relaunches Website

Peter Ruis has resigned as CEO of Indigo Books & Music, a position he held for a year. The news comes after the retirement of founder Heather Reisman, a boardroom shake-up, and a destructive cyber attack that impacted sales. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-09-11 04:00:00 UTC ]

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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings dropped #harry potter #cursed child


B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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Sales, Earnings Rose at Indigo in Fiscal 2018

Revenue at Indigo Books & Music rose 5.8% and net earnings increased by a slightly lesser amount, 4.3%, in the fiscal year ended March 31, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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Sales, Earnings Drop at Quarto

Sales at the Quarto Group fell less than 1% in 2017 compared to 2016, and profit fell more substantially, declining 57.6% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-29 00:00:00 UTC ]
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Indigo Reports Its Highest Quarter Revenue Ever

Revenue for the Canadian retailer rose 8.2% in the third quarter, ended December 31, 2017. Sales in the period were C$433.3 million. The increases, the company said, combined for the highest quarterly revenue in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-07 00:00:00 UTC ]
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Robinson celebrates 25 years of Overcoming with website relaunch

The Robinson Psychology list is celebrating the 25th anniversary of its Overcoming series of self-help books by revamping and rebranding the Overcoming website. Continue reading at The Bookseller

[ The Bookseller | 2018-01-30 00:00:00 UTC ]
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Bullish Scottish indies report sales rises in 2017

Scottish booksellers have trumpeted a strong year of trade in 2017, despite economic uncertainty and competition from online retailers. Rosamund de la Hey, The Mainstreet Trading Company, Golden Hare Books, Lighthouse Bookshop, Mairi Oliver, Marie Moser, The Edinburgh Bookshop Continue reading at The Bookseller

[ The Bookseller | 2018-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong year #economic uncertainty #online retailers #edinburgh bookshop


Bookstore Sales Dropped 6.4% in November

The late year swoon in bookstore sales continued into November with sales down 6.4% from November 2016. November was the fourth consecutive month bookstore sales fell compared to the same month in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-12 00:00:00 UTC ]
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Feminism and Feel-Good Stories: A Children's Holiday 2017 Sales Report

Reports from around the country indicate a healthy season for children’s booksellers in particular, consistently citing sales hikes of 10% or more over the previous year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-11 00:00:00 UTC ]
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Sainsbury's and Blackwell's report rise in Christmas book sales

Sainsbury’s and Blackwell’s have reported positive book sales over the Christmas period, with Pete Selby, head of books at the supermarket, saying that gift purchases are now "shifting" from other entertainment to books. Continue reading at The Bookseller

[ The Bookseller | 2018-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #christmas period #pete selby #gift purchases


US trade publisher sales flat in first half of 2017, reports AAP

US publishers' trade book sales were flat for the first seven months of 2017, according to statistics released by the Association of the American Publishers (AAP).  Continue reading at The Bookseller

[ The Bookseller | 2017-12-22 00:00:00 UTC ]
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Small indie publishers report booming sales

In a sector that has struggled elsewhere, figures for 60 of the smallest players in the UK industry show sales up 79% in the last yearIndependent publishers have unleashed a boom in sales, according to new research. Latest figures from Inpress, which works with 60 of the smallest players in the... Continue reading at The Guardian

[ The Guardian | 2017-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books industry #good books #audre lorde #dead ink #crowdfunded book #good immigrant


Time Warner, AT&T deal contingent on CNN sale: report

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #owns cnn #warner bros #encountering resistance #confidently predicting


Welsh-language novels 'enjoying golden age' despite reported sales decline

Despite news this week that sales had fallen dramatically, the Welsh Books Council’s chief says that the sector is showing real growthThe head of the Welsh Books Council (WBC) has hailed a “golden age for the Welsh-language novel” despite reports of a dramatic decline in sales.BBC Cymru Fyw... Continue reading at The Guardian

[ The Guardian | 2017-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #golden age #distribution centre #proposed cuts #sarah waters


ST report on Waterstones sale 'sensible enough', says Daunt

A story in yesterday's Sunday Times reporting that N M Rothschild corporate financiers have been asked by Waterstones owner Alexander Mamut to explore a £250m sale of the chain has been described as "sensible enough" by the chain's m.d. James Daunt. Continue reading at The Bookseller

[ The Bookseller | 2017-10-31 00:00:00 UTC ]
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Bookstore Sales Dropped 10.9% in August

Bookstore sales in August were $1.39 billion, down from $1.56 billion a year ago, marking a 10.9% decline. Sales for the first eight months of the year were down 2.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-13 00:00:00 UTC ]
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Edinburgh UP reports 12% sales rise

Edinburgh University Press has reported a 12% rise in sales for the year to end July 2017, to £3.22m. Continue reading at The Bookseller

[ The Bookseller | 2017-09-18 00:00:00 UTC ]
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AAP Reports Downturn in Trade Sales for April 2017

Due to declining ebook sales and a major drop-off in mass market, sales of adult books and children's books were down in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-11 00:00:00 UTC ]
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Indie Booksellers Report Solid Summer Sales

Sales were strong across much of the country this past summer, and the attitude going into the fall is positive, according to a survey of more than 15 independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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New York Times pulls YA novel from bestseller list after reports of fake sales

Lani Sarem’s Handbook for Mortals was taken off the No 1 spot after fellow YA authors, sceptical of ‘a book that no one has heard of’, uncovered a pattern of strategic preordersA young adult novel has been removed from the No 1 position on the New York Times bestseller lists, after detective... Continue reading at The Guardian

[ The Guardian | 2017-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #las vegas #angie thomas #debut novelist #police violence