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 four weeks to 30th July - up 6% (£6m) month-on-month, but down 8% (£9.7m) on July last year. Volume sales over the four-week period were down 9% (1.6m) year-on-year, to 15.8m, while average selling prices rose 1% (eight pence) to £7.05. read more Continue reading at 'The Bookseller'

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