The ebook is still central to B&N's strategy, but it's not selling. Barnes & Noble revealed disappointing third quarter finances this morning, including a serious decline in revenues from its Nook digital e-readers. Overall revenues were $2.2 billion, down 8.8% year on year, and its earnings were just $55 million, down 63$ on 2012. Nook division revenues were down 26% on the same quarter for 2012, with the slippage coming from sales of the e-reader devices themselves--digital content sales actually rose by 6.8%, but not enough to cover the dip in device sales. CEO William Lynch is reported as saying his company remains "committed" to the Nook, and is actively trying to reduce costs in this division of the firm in order to make it more profitable. In January the company revealed it is planning to slowly reduce the number of high street stores it operates, but that this is a considered long-term move.Read Full Story Continue reading at 'Fast Company'
[ Fast Company | 2013-02-28 00:00:00 UTC ]
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Annual sales of poetry books are set to surpass £10m for the first time since records began, The Bookseller can reveal on National Poetry Day today. Continue reading at The Bookseller
[ The Bookseller | 2016-10-07 00:00:00 UTC ]
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At New York Comic Con, Diamond Comics Distributors report 2016 sales are up slightly; and industry analyst and ICv2 CEO Milton Griepp surveyed 40 years of retail disruption in the comics market and speculated on the possibility of a 'Fifth Disruption." Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-07 00:00:00 UTC ]
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Bookouture has made two major hires as the three-year-old company hits unit sales of 4.2m in 2016 year to date. Continue reading at The Bookseller
[ The Bookseller | 2016-10-06 00:00:00 UTC ]
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The unmasking of Elena Ferrante’s alleged true identity is only likely to increase sales of her books, booksellers have said. Continue reading at The Bookseller
[ The Bookseller | 2016-10-05 00:00:00 UTC ]
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Harrogate author Jackie Buxton has presented cheques of £860.32 each to Breast Cancer Haven and Sir Robert Ogden Macmillan Centre from the sales of her book: Tea & Chemo; Fighting Cancer, Living Life. Continue reading at The Bookseller
[ The Bookseller | 2016-10-05 00:00:00 UTC ]
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Bruce Springsteen has thundered into the Official UK Top 50 number one spot with his memoir Born to Run (Simon & Schuster), which sold 37,518 copies for £437,540, according to Nielsen BookScan’s Total Consumer Market. Continue reading at The Bookseller
[ The Bookseller | 2016-10-05 00:00:00 UTC ]
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After 10 years of ownership, bookseller Isla Dawes has sold Barnes Bookshop to former director of Heywood Hill Bookshop Venetia Vyvyan for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2016-10-01 00:00:00 UTC ]
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Sales of trade books increased 3.4% in the US in April, although overall publisher revenues were down 7%, according to the Association of the American Publishers. Continue reading at The Bookseller
[ The Bookseller | 2016-10-01 00:00:00 UTC ]
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According to figures from the AAP's Statshot Program, adult sales climbed a tiny 0.1% in the month, over the same period last year, while sales of children's books for the period were up 12.8%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-09-30 00:00:00 UTC ]
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Book wholesaler Gardners saw revenue grow 8.5% in the year to the end of February 2016, with profit also up. Continue reading at The Bookseller
[ The Bookseller | 2016-09-28 00:00:00 UTC ]
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This week we interviewed Benedetta Costantini, Uk sales executive at Michael o’Mara Books. Continue reading at The Bookseller
[ The Bookseller | 2016-09-24 00:00:00 UTC ]
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Sales of Harry Potter and the Cursed Child has given US-based Scholastic Corp a huge boost, as the company has today posted a first quarter revenue increase of 48%. Continue reading at The Bookseller
[ The Bookseller | 2016-09-23 00:00:00 UTC ]
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American publishers experienced a 2.7% decline in revenues in the first quarter of 2016 to $2.14bn (£1.65bn) compared to the same period in 2015, according to data released by the Association of American Publishers (AAP). Continue reading at The Bookseller
[ The Bookseller | 2016-09-22 00:00:00 UTC ]
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According to figures released by the AAP's StatShot program, sales of adult books fell 10.3% and sales of children's/YA titles fell 2.1%, compared to the same period last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-09-20 00:00:00 UTC ]
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Bookstore sales in July fell by just under 1% compared to July 2015, marking the first month in 2016 that sales were down. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-09-15 00:00:00 UTC ]
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Edinburgh University Press has reported a revenue rise of 5% in the year to end July, to "over £2.9m". Continue reading at The Bookseller
[ The Bookseller | 2016-09-15 00:00:00 UTC ]
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The Torbay Bookshop is being put back up for sale by owners Matthew and Sarah Clarke, who have run it for a total of 23 years. Continue reading at The Bookseller
[ The Bookseller | 2016-09-15 00:00:00 UTC ]
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In its first earnings release since firing CEO Ron Boire last month, Barnes & Noble reported that sales fell 6.6% in its first quarter of 2017, which ended July 30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-09-08 00:00:00 UTC ]
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Sales of print books took a beating at John Wiley in the first quarter ended July 31. The biggest decline was in the higher education segment, where sales of printed textbooks dropped 31%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-09-07 00:00:00 UTC ]
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Books continue to buck the national retail trend, with sales up 8.9% year-on-year in volume in August in comparison to the year before, where total UK retail sales were down 0.9% in the same period. Continue reading at The Bookseller
[ The Bookseller | 2016-09-07 00:00:00 UTC ]
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