Once a book selling giant, Barnes & Noble sold to hedge fund

The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at 'Crains New York'

[ Crains New York | 2019-06-07 15:58:20 UTC ]

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A chapter ends as a Barnes & Noble heiress takes a loss on her Chelsea penthouse

The story of the sale of a bookstore heiress’s penthouse seems to have ended on a bittersweet note.Stephanie Riggio Bulger, whose father, Len Riggio, is the former chairman of the Barnes & Noble retail chain, has finally found a taker for her four-bedroom duplex condo in Chelsea after two... Continue reading at Crains New York

[ Crains New York | 2024-08-22 15:41:31 UTC ]
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Bookstores Challenge Amazon with Olympic Campaign

The ABA has unveiled "Indies Take The Gold," an Olympics-themed marketing campaign encouraging people to shop at independent bookstores on Amazon Prime Days, July 16 and 17. The Paris summer Olympics begin July 26. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-27 04:00:00 UTC ]
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The Number of Independent Bookstores in the U.S. Has Doubled in the Last 8 Years

Today's links include the continued rise in independent bookstores, a master bookseller on bookselling, and more. Continue reading at Book Riot

[ Book Riot | 2024-05-24 19:41:49 UTC ]
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ABA Seeks to Add Bookstores to FTC Lawsuit Against Amazon

The American Booksellers Association has filed a motion with the Federal Trade Commission seeking to fix a hole in the FTC’s antitrust complaint against Amazon that many in the industry agree needs correcting: that it did not specifically include what Amazon’s practices have done to book... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-29 04:00:00 UTC ]
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In the Western U.S., Holiday Sales Ended 2023 on an Up Note

Independent bookstores in the western U.S. came through the holidays with boosted balance sheets and tales of community connection. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-12 05:00:00 UTC ]
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The Holiday Season Looks Promising for Indie Bookstores

Independent bookstores saw steady sales over the shopping spree that increasingly characterizes the three days after Thanksgiving, which brought with them a much-needed confidence boost for booksellers going into the holiday season. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-01 05:00:00 UTC ]
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Independent Bookstore Day 2023 Thrived on Passport Promotions

Across the country this weekend, independent bookstores once again celebrated Independent Bookstore Day, this year on April 29. Some bookselling scenes began the lead-up to the celebration even earlier, with "passport" promotions that offered customers discounts after visiting a certain number... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-01 04:00:00 UTC ]
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Libro.fm Plans Expansion to U.K., Australia, and New Zealand

Libro.fm, which supports sales of digital audiobooks through independent bookstores in the U.S., will expand the service to the U.K., Australia, and New Zealand in July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
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A Publisher's Tour of Texas Bookstores

After limiting his trips to independent bookstores during the pandemic, Europa Editions's editor-in-chief Michael Reynolds recently concluded a whirlwind tour of stores in the Lone Star State. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-17 04:00:00 UTC ]
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Indie bookstore boom turns page to a more diverse America

The year 2021 saw a substantial increase in the number of independent bookstores in the United States. And a growing proportion of these stores is owned by individuals from diverse ethnic and racial backgrounds. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2022-06-17 15:44:11 UTC ]
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News publisher Lee faces renewed pressure from hedge funds

Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board Continue reading at ABC News

[ ABC News | 2022-04-14 21:27:45 UTC ]
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Shelf Talkers: The Bookshop in East Nashville, Tennessee

Shelf Talkers is a new series at Lit Hub where booksellers from independent bookstores around the country share their favorite reads of the moment. Here are recommendations from the staff at The Bookshop, a store in East Nashville, Tennessee, founded in 2016. * Kyle Lucia Wu, Win Me Something... Continue reading at Literrary Hub

[ Literrary Hub | 2022-04-11 08:51:17 UTC ]
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Margate Bookshop raises £3k in books for schools drive

The Margate Bookshop has collected almost £3,000 to buy books for local schoolchildren with plans to run the fundraiser as an ongoing scheme alongside other independent bookstores, potentially as part of a charity.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 07:48:13 UTC ]
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Buffalo News publisher rejects Alden Global Capital's takeover bid.

The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 million. Continue reading at The New York Times

[ The New York Times | 2021-12-09 20:44:02 UTC ]
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Bookselling Spotlight: Powell’s Books

The current status of Powell’s Books, one of the largest and best-known independent bookstores in the country, is in flux. “It has been an incredibly difficult period,” said Emily Powell, 43, owner and president. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-22 04:00:00 UTC ]
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Another Pandemic Surprise: A Mini Indie Bookstore Boom

Though Covid-19 isn't going anywhere and challenges remain, new independent bookstores are opening up and doing well. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
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You Won’t Find the Hardcover of Dave Eggers’s Next Novel on Amazon

“The Every,” a follow-up to his hit book “The Circle,” will be available in independent bookstores in October. The paperback will arrive just six weeks later, but the hardcover will remain exclusive to independent stores. Continue reading at The New York Times

[ The New York Times | 2021-06-09 14:00:08 UTC ]
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How Booksellers Were Complicit in the Resurgence of White Supremacy and the Rise of Donald Trump

When Sean Spicer was given prime billing at BookExpo America and Milo Yiannopoulos tried to publish a book with Simon & Schuster, I churned out 40 pages of text about free speech, white supremacy, and independent bookstores over the next several months, returning to it now and then as a... Continue reading at Literrary Hub

[ Literrary Hub | 2021-05-27 08:54:54 UTC ]
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The Joy and Privilege of Growing Up in an Indie Bookstore

There are only about 2,000 or so independent bookstores in the United States, and I was lucky enough to grow up in one of them. In 1972, when books sold for around 75 cents, my mother Susan Little was a young hippie living in Newburyport, Massachusetts. She worked at the local bar, slinging... Continue reading at Literrary Hub

[ Literrary Hub | 2021-04-06 08:53:37 UTC ]
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PRH Starts Extended Payment Plan for Indie Bookstores

Penguin Random House will allow independent bookstores in the United States to take an additional month to pay their invoices to the publisher, the company announced on Wednesday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-24 04:00:00 UTC ]
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