Waterstones back in the black after five years

Waterstones has reported a profit for the first time under the ownership of Russian businessman Alexander Mamut and direction of its m.d. James Daunt. Boosted by “better standards of bookselling”, the 270-store chain saw sales rise by 4% to £409.1m in the year to 30th April 2016, helping it achieve a profit-after tax of £17.6m, up from a loss of £4.7m a year earlier. Continue reading at 'The Bookseller'

[ The Bookseller | 2017-02-02 00:00:00 UTC ]

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‘We can’t afford it’; Daunt hits back at real living wage campaign as petition approaches 8,000

Waterstones m.d. James Daunt has warned the business cannot afford to pay the real living wage to its most junior staff and increase the pay of its most experienced booksellers, as nearly 8,000 people backed the campaign calling for the rise.  Continue reading at The Bookseller

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Waterstones says it can't pay living wage, as 1,300 authors support staff appeal

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[ The Guardian | 2019-03-26 00:00:00 UTC ]
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Daunt, Sturgeon and Miller to headline Scottish Book Trade Conference

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Blackwell’s 17% growth vindicates multichannel strategy, says Prescott

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Waterstones U-turns over unbranded bookshop in Edinburgh

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[ The Guardian | 2018-05-16 00:00:00 UTC ]
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[ Publishers Weekly | 2018-05-07 00:00:00 UTC ]
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Waterstones Sold, Daunt to Stay CEO

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Google and Facebook make up less than 5 percent of publishers’ digital revenue

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Daunt wants to stay on as Waterstones chief after sale

James Daunt has said the process of selling Waterstones has resumed after Christmas, while expressing a desire to stay on as managing director of the chain retailer after the new owners come in. Continue reading at The Bookseller

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Daunt: Waterstones 'not put off' opening more unbranded stores

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[ The Bookseller | 2017-03-02 00:00:00 UTC ]
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Waterstones back in the black after five years

Waterstones has reported a profit for the first time under the ownership of Russian businessman Alexander Mamut and direction of its m.d. James Daunt. Boosted by “better standards of bookselling”, the 270-store chain saw sales rise by 4% to £409.1m in the year to 30th April 2016, helping it... Continue reading at The Bookseller

[ The Bookseller | 2017-02-02 00:00:00 UTC ]
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Brexit uncertainty ‘adversely affecting’ footfall

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