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 ]
Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News
[ ABC News | 2021-02-17 00:40:46 UTC ]
More news stories like this
In the mood for a little holiday shopping? You know what they say: November is the new December! Who says that? Independent bookstores that need your support now! So here are a dozen new books hitting shelves today. Go forth! * Ernest Cline, Ready Player Two (Ballantine) “This sequel, nine years... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-24 12:39:52 UTC ]
More news stories like this
As COVID cases surge to record numbers and Republicans flirt with a paper coup the future of the nation’s bookstores remains perilous. Yes, we all have a lot to worry about—but if you care about that unwieldy, amorphous thing called literary culture, please spare a moment (or a dollar) to... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-10 16:14:32 UTC ]
More news stories like this
Ah, tradition! Just as Shakespeare wrote King Lear in quarantine, in this quarantine, rich people are buying copies of King Lear for $10,000,000. While independent bookstores are struggling during COVID—according to the American Booksellers Association, more than one independent bookstore has... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-09 17:44:18 UTC ]
More news stories like this
Independent bookstores are hurting as shoppers stay online. Pick up one of our staff picks to support bookstores throughout the U.S. Whether you’re diving into an engrossing period drama, reading up on the history of protests or pandemics, or escaping into a fantastical world, chances are you’ve... Continue reading at Fast Company
[ Fast Company | 2020-11-06 16:00:54 UTC ]
More news stories like this
Vroman's Bookstore is just one of many independent bookstores in danger of closing as a result of the pandemic. It's not too late to save them. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-10-05 10:00:03 UTC ]
More news stories like this
Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News
[ ABC News | 2020-07-25 15:28:47 UTC ]
More news stories like this
Hachette Book Group is launching a new program to assist in the reopening of independent bookstores. The program is intended to help stores recover from the impact of Covid-19 on their businesses, as well as to aid them in reopening. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-18 04:00:00 UTC ]
More news stories like this
With the coronavirus pandemic keeping us indoors, early numbers suggest a surge in book sales. Audio and eBooks in particular have seen a sudden rise. It has also been a tough time for bookstores. Independent bookstores have had to move online, many offering free shipping to compete with Amazon... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-28 08:48:50 UTC ]
More news stories like this
The plight of independent bookstores during the coronavirus pandemic has brought an outpouring of public support—but, along with it, an often-overwhelming deluge of messaging about whom to support and how. A new app, Save Your Bookstore, is trying to pull more of it together in one place. Save... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-09 16:59:54 UTC ]
More news stories like this
Bookshop.org has reached a new milestone in generating revenue for independent bookstores. Continue reading at Book Riot
[ Book Riot | 2020-03-31 20:01:01 UTC ]
More news stories like this
Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
More news stories like this
In an email to member stores Tuesday afternoon, the American Booksellers Association announced steps that it is taking to respond to the needs of independent bookstores and ABA staff amid growing concerns about the new coronavirus. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-11 04:00:00 UTC ]
More news stories like this
When Amazon accounts for at least 40% if not half of US book sales, independent bookstores in the US are looking to stay afloat using a combination of innovation, mobility, as well as a little taste of Amazon’s own medicine. Continue reading at The Bookseller
[ The Bookseller | 2020-02-27 23:06:03 UTC ]
More news stories like this
Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and navigates the ongoing shift to online media Continue reading at ABC News
[ ABC News | 2020-02-03 23:48:57 UTC ]
More news stories like this
Who doesn’t love an independent bookshop? Think of the Shop Around the Corner in You’ve Got Mail! Think of the Travel Book Co. in Notting Hill! Embryo Concepts in Funny Face! Black Books from the British sitcom of the same name! Think of the real brick-and-mortar bookshop in your own community.... Continue reading at Literrary Hub
[ Literrary Hub | 2019-11-08 19:34:19 UTC ]
More news stories like this
As the wildfire situation in California worsens—with power outages, road closures, red flag warnings, and mandatory evacuations occurring throughout the state—several independent bookstores have been forced to reduce operating hours, cancel events, and in some cases even close their doors... Continue reading at Literrary Hub
[ Literrary Hub | 2019-10-30 17:00:29 UTC ]
More news stories like this
Literacy efforts flourish in the partnership between independent bookstores and schools serving low-income students. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-16 04:00:00 UTC ]
More news stories like this
A hedge fund wants to buy the bookstore chain for $683 million, including debt. Will the deal work? Experts from Wharton and elsewhere share their insights. Continue reading at Knowledge@Wharton
[ Knowledge@Wharton | 2019-06-18 18:09:27 UTC ]
More news stories like this
Pittsburgh, a city known for its three rivers, has been gaining recognition for its growing number of independent bookstores. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-14 04:00:00 UTC ]
More news stories like this