W H Smith reports £116m loss but expects return to profit in 2022

W H Smith reported a group loss before tax of £116m for the year to end August 2021, although the retailer said it expected to return to “meaningful profit” in 2022 with a return to pre-pandemic levels. Continue reading at 'The Bookseller'

[ The Bookseller | 2021-11-10 20:28:22 UTC ]
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HMV issues second profit warning

Written By: Lisa Campbell Publication Date: Tue, 01/03/2011 - 09:28 The HMV Group has issued its second profit warning of the year and will breach a bank covenant test when it announces full year results in April. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-01 00:00:00 UTC ]
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Penguin has best-ever year as Pearson profits leap

Written By: Charlotte Williams Publication Date: Mon, 28/02/2011 - 09:42 Penguin UK had its best ever year in 2010 as parent company Pearson reported a profits increase of 21% to £857m. For the year ending 31st December, sales at Pearson were £5.66bn, up 10% on 2009. Sales at Penguin were... Continue reading at The Bookseller

[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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Informa cites digital and overseas for increased profit

Written By: Charlotte Williams Publication Date: Tue, 22/02/2011 - 09:15 Expanded digital delivery and sales in emerging markets have led Taylor & Francis parent company Informa to an increase in adjusted operating profit of 1.2% to £313.2m in its latest financial year. In its results, for... Continue reading at The Bookseller

[ The Bookseller | 2011-02-22 00:00:00 UTC ]
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Borders expected to file for bankruptcy

Written By: Graeme Neill Publication Date: Mon, 14/02/2011 - 08:46 Borders is expected to file for bankruptcy as soon as tomorrow [15th February], after it failed to agree new funding of more than $1bn with lenders. The book retailer has been struggling for months, with Publishers Weekly... Continue reading at The Bookseller

[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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Recipe Report: Faludhaj

The faludhaj from The Sweets of Araby is indeed very, very sweet, like concentrated honey, which is essentially what it is. The sesame oil and toasted ground almonds contribute a nice roasted flavor, which adds dimension; still, I couldn’t imagine eating more than a couple small spoonfuls of this. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-02-07 00:00:00 UTC ]
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ASA drops W H Smith R&J book club ad complaint

Written By: Lisa Campbell A complaint against a W H Smith advert for the Richard and Judy Book Club has not been upheld by the Advertising Standards Authority. The television broadcast, promoting the husband-and wife team’s exclusive deal with W H Smith to run Richard and Judy’s Book Club,... Continue reading at The Bookseller

[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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Report: Worldwide App Revenue To Exceed $15 Billion in 2011

Mobile app downloads will increase 117 percent to 17.7 billion worldwide while mobile application store revenue will grow to more than $15.1 billion in 2011, a 190 percent increase, according to Gartner Inc. In 2010, app stores generated an estimated $5.2 billion from both download sales and... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-28 00:00:00 UTC ]
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WHS reports "solid" Christmas

Written By: Lisa Campbell High street book sales at W H Smith were down by around 2% like-for-like in the weeks leading to Christmas, according to analysts briefed by the company, equating to books outperforming other categories. In its formal Christmas trading statement, out this morning... Continue reading at The Bookseller

[ The Bookseller | 2011-01-26 00:00:00 UTC ]
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Paste Returns? Music Mag Acquired, Set to Relaunch as Digital Edition

The assets of music magazine Paste—which folded in print last fall but kept Pastemagazine.com alive—have been sold to Wolfgang's Vault, owner of a variety of music sites including Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital edition


Report: Verso and NewPage Back in Merger Talks

NewPage Paper and Verso--the largest makers of coated paper and the subject of merger rumors last year--are b Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #merger talks #largest makers #coated paper