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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U.S. Book Show: Raven Named Bookstore of the Year, Lowe Named Sales Rep of the Year

The Raven Bookstore in Lawrence, Kans., was named 'PW' Bookstore of the Year in a virtual awards ceremony held during the U.S. Book Show. Commission rep Kurtis Lowe of Book Travelers West is 'PW' Sales Rep of the Year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-24 04:00:00 UTC ]
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Q1 Bookstore Sales Up 16% over 2021, But Trail 2019

March bookstore sales increased 12.5% over a year ago, contributing to a 16% gain in the first quarter of 2022 over the comparable period in 2021. The $1.99 billion in 2022 first quarter sales, however, was 2.5% below the first period of 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-17 04:00:00 UTC ]
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$5 Audiobooks are On Sale at Libro.fm for Independent Bookstore Day

From April 25 to May 1, Libro.fm has a selection of audiobooks on sale for $5 each. Continue reading at Book Riot

[ Book Riot | 2022-04-25 15:56:05 UTC ]
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Bookstore Sales Rose 27% in February

Bookstore sales were $583 million in February up from $459 million a year ago, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-14 04:00:00 UTC ]
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January Bookstore Sales Rose 11.5% in 2022

January bookstore sales increased to $914 million in 2022 over 2021, but were 7.7% below bookstore sales in January 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-16 04:00:00 UTC ]
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Bookstore Sales Rose 28% in 2021

Bookstore sales increased 28% in 2021 over 2020, according to preliminary estimates from the U.S. Census Bureau. Sales were $9.03 billion, compared to sales of $6.50 billion in pandemic-ravaged 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-16 05:00:00 UTC ]
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W H Smith shareholders approve Cowling's £550k bonus

W H Smith shareholders have approved plans to pay chief executive Carl Cowling a £550,000 bonus, despite threats of a revolt earlier this week. Continue reading at The Bookseller

[ The Bookseller | 2022-01-19 10:46:51 UTC ]
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Bookstore Sales Jumped in November

Bookstore sales were $709 million in November, up 43% from November 2020, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-18 05:00:00 UTC ]
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Bookstore Sales Recovery Continued in September

Bookstore sales jumped 42.1% in September, to $881 million, over 2020 when September sales were $620 million. Through the first nine months of 2021, bookstore sales rose 38.6% Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-16 05:00:00 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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Bookstore Sales Continued to Rebound in August

Bookstore sales continued their 2021 rebound in August, jumping 60.1% over 2020, as schools and colleges began to reopen. Sales were $1.23 billion, up from $770 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
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Hanif Abdurraqib on What It Was Like to Work at a Chain Bookstore

Dear McSweeney’s, For a time in my life, I worked in a chain bookstore. The chain no longer exists, but at the time it was the primary competition for the other really big chain bookstore that does still exist. One had to be swallowed for the other to survive, as is the way of things. […] Continue reading at Literrary Hub

[ Literrary Hub | 2021-10-13 08:50:58 UTC ]
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May Bookstore Sales Jumped 130%

Rebounding from the lows of spring 2020, bookstore sales in May soared 130% over last May, hitting $632 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
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April Bookstore Sales Skyrocketed

Rebounding from the worst month of the 2020 sales collapse, April bookstore sales soared 204% over last year, jumping to $514 million, from $169 million in April 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-15 04:00:00 UTC ]
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Growth of Online Sales Cushioned Pandemic Blow at Indigo

Online sales jumped 127% at Indigo Books & Music in fiscal year 2021 over FY 2020, partially offsetting a 34% decline in sales through its physical stores. Still, sales dropped 5.5% in the year, and the bookseller's losses deepened. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-04 04:00:00 UTC ]
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Eso Won and Crockett Named PW’s Bookstore and Sales Rep of the Year

Publishers Weekly has named the L.A.-based indie bookstore Eso Won Books its Bookstore of the Year, and Simon & Schuster sales rep Toi Crockett has been named PW Sales Rep of the Year. The announcement was made at the inaugural U.S. Book Show. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-25 04:00:00 UTC ]
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Bookstore Sales Jumped 34.7% in March

March bookstore sales rose 34.7% over a year ago, according to preliminary estimates from the U.S. Census Bureau. Last March was the first month in which bookstore sales were impacted by pandemic-induced lockdowns. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-14 04:00:00 UTC ]
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February Bookstore Sales Dropped 22.3%

February bookstore sales fell to $446 million in February compared to sales of $573 million in 2020, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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Bookstore Sales Fell 16.6% in January

Bookstore sales were $797 million in January, down from $956 million a year ago. The 16.6% decline was only a slight increase over the December drop, and was another indication bookstore sales declines may be levelling off. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-16 04:00:00 UTC ]
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Bookstore Sales Fell 28.3% in 2020

Bookstore sales fell 15.2% in December, the smallest monthly decline since February, but sales fell 28.3% for the year, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-17 05:00:00 UTC ]
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