Store Closures Challenged Indigo in Q3

Canada' Indigo Books and Music saw a 5% drop in revenue, to C$365.4 million, for the quarter ended December 26, compared with the same period last year. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-02-08 05:00:00 UTC ]
News tagged with: #indigo books #5% drop

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Store Closures Challenged Indigo in Q3

Canada' Indigo Books and Music saw a 5% drop in revenue, to C$365.4 million, for the quarter ended December 26, compared with the same period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #5% drop #indigo books


Indigo Sales Dropped 12% in Q3 and Profits Plunged

Just days after it revealed that it had received an offer to take the company private, Canada's Indigo Books & Music released its financial results for the crucial holiday season—and as even CEO Heather Reisman admitted, the results were “disappointing.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #company private #financial results


Suburban Toronto Indigo Store Unionizes

Workers at the Indigo Books & Music location in Mississauga, Ontario, in suburban Toronto, have voted to join UFCW Local 1006A, prompted in part by orders to clean customer bathrooms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-23 04:00:00 UTC ]
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Ten HMV stores under threat of closure amid 'extortionate' business rates

HMV plans to close three stores by the end of the month as the retailer enters negotiations with landlords in 10 locations as "extortionate business rates mean that certain locations are no longer viable".  Continue reading at The Bookseller

[ The Bookseller | 2020-01-05 15:27:06 UTC ]
More news stories like this | News stories tagged with: #longer viable #business rates


Indigo's Q3 Earnings Hit by Postal Strike

A strike at Canada Post late last year caused headaches at Indigo Books & Music, resulting in a dip in sales of 1.7% for the company's third quarter and a steep drop in earnings for the period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #steep drop


Hard to Find book store in Auckland faces closure

A popular bookshop which has served up worlds of imagination to young and old for more than 30 years is facing a crisis. Continue reading at Stuff

[ Stuff | 2017-08-03 00:00:00 UTC ]
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With Earnings Up in Q3, B&N States Plan to Open New Concept Stores

Although revenue at Barnes & Noble fell 1.8% in the third quarter, net income increased 11.2%. While delivering its latest earnings report, the retailer also said it is planning to open four new concept stores by April 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-03 00:00:00 UTC ]
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With St. Mark's on Brink of Closure, Owner Says New Store Could Rise

The miracle on Third Street continues. With beloved New York City indie St. Mark's Bookshop on the brink of shutting its doors, owner Bob Contant has revealed there is a “real possibility” that a new store will open in St. Mark's current location. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #current location


Despite Strong Q3, Indigo Downsized in January

Although the Canadian retailer just released positive news about its performance through December, it sill opted to downsize in January. PW has learned that among the roughly 20 staffers laid off, a number were veteran book buyers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #canadian retailer #strong q3


Indigo Reports Strong Q3

Revenue at Indigo Books & Music rose 12.9% in the third quarter ended December 26, 2015 compared to the third period a year ago. Net earnings in the quarter jumped 60%, to C$52.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #net earnings


10 Children’s Bookseller Challenges—And How Stores Solved Them: Children's Institute 2015

Every day, children’s booksellers have to overcome hurdles to sell more books and increase foot traffic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-10 00:00:00 UTC ]
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More store closures confirmed at HMV

HMV's administrators have announced that a further 37 shops will close, bringing the number... Continue reading at The Bookseller

[ The Bookseller | 2013-02-20 00:00:00 UTC ]
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More store closures loom for Borders, A&R

More closures of Borders and Angus & Robertson book stores loom after the administrator told staff negotiations with creditors had ended. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-05-30 00:00:00 UTC ]
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More job cuts, closures in store for REDgroup

Administrators for Borders and Angus & Robertson have announced new lay-offs and warned that more bookshops could close. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #angus robertson #job cuts


More legal challenges launched over library closures

Written By: Benedicte Page Publication Date: Tue, 01/03/2011 - 15:52 The Campaign for the Book has launched a legal challenge over the widespread library closures, claiming culture secretary Jeremy Hunt has failed to comply with his duties under the 1964 Public Libraries and Museums Act.... Continue reading at The Bookseller

[ The Bookseller | 2011-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #museums act #legal challenge #library closures


HMV begins store closure programme

Written By: Lisa Campbell Nine HMV stores have shut their doors as the music retailer begins it's programme of closures. The HMV Group announced at the beginning of the year it would shut 40 HMV stores and 20 Waterstone's shops within 12 months in a bid to cut costs, and it has begun to close... Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cut costs #lisa campbell


The Raven Book Store Owner Sells Large Stake in Store to Seven Employees

Danny Caine, the owner of the Raven Book Store in Lawrence, Kans., has sold a 49% stake in the 35-year-old bookstore to a group of seven employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-04 05:00:00 UTC ]
More news stories like this | News stories tagged with: #book store #bookstore #danny caine


Challenge Board Confessions: Publishers get real about platform challenges

Being a publisher today is hard work. On Day Two of the Digiday Publishing Summit, we granted publishers anonymity to share their biggest challenges. Publishers see big opportunity to reach new audiences on social media. But distributing to platforms efficiently and without giving up reader... Continue reading at Digiday

[ Digiday | 2016-09-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #reader revenue #big opportunity #biggest challenges #hard work


ABA CEO Warns of New Challenges Post-Election

In a letter to members following the 2024 election, American Booksellers Association CEO Allison Hill voiced concerns about the future of the government's lawsuit against Amazon and the possibility of “new unconstitutional legislation and book bans” under a second Trump administration. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #american booksellers association #trump administration #book bans


Academic Religion Publishing Faces Changes, Challenges, and Opportunities

Ahead of the SBL and AAR’s annual meeting, PW talked with 14 university press directors, trade publishers, and editors about today’s landscape and what they see on the horizon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-01 05:00:00 UTC ]
More news stories like this | News stories tagged with: #religion publishing #trade publishers #pw talked #annual meeting