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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