Waterstones cuts losses as Daunt looks ahead with 'optimism'

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes the period when the chain was restructuring its store and head office staff with staff numbers reduced by 512 in the year to April 2014. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
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Waterstones cuts losses as Daunt looks ahead with 'optimism'

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #significant progress #consecutive year #financial year


Barnes & Noble Education Cuts Loss on Small Sales Gain

Barnes & Noble Education has released preliminary financial results that showed company revenue rising 1.5% in the fiscal year ended April 27, 2024, and net loss falling to $63 million, from $90 million a year ago. Total sales were $1.57 billion. B&NE expects to receive final approval... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
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After Cutting Open-Market Programmatic, Bloomberg Media Sees Efficiency Gains, Revenue Losses

On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek

[ AdWeek | 2023-07-18 11:31:59 UTC ]
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Waterstones 'in very good shape' for Christmas, says Daunt

Waterstones m.d James Daunt says the retailer is in "very good shape" heading towards Christmas, despite issues with the global supply chain. Continue reading at The Bookseller

[ The Bookseller | 2021-12-07 01:00:41 UTC ]
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Waterstones will emerge from crisis despite shopper caution, Daunt tells IPG

Shoppers will be cautious about returning to the high street but Waterstones will emerge from the coronavirus crisis and eventually have a wider range of shops, the firm's c.e.o. James Daunt has said. Continue reading at The Bookseller

[ The Bookseller | 2020-06-02 12:12:46 UTC ]
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Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones

Elliott will pay some US$476 million for Barnes & Noble, having last year bought the UK's main chain Waterstones. James Daunt is to run both companies. The post Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 12:22:03 UTC ]
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Daunt plans new buying structure after flat year at Waterstones

Waterstones is to split its centralised buying functions into two roles, aimed at resolving the disconnect between what is ordered by the chain and what is then sold through. Continue reading at The Bookseller

[ The Bookseller | 2019-02-05 00:00:00 UTC ]
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Scottish Book Trade Conference Preview: Waterstones’ Daunt, Nielsen’s Bohme

With a dual-track structure for booksellers and publishers, the Scottish Book Trade Conference on February 26 will feature workshops as well as discussion. The post Scottish Book Trade Conference Preview: Waterstones’ Daunt, Nielsen’s Bohme appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-04 00:00:00 UTC ]
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B&N Cuts Q2 Losses as Comp Sales Improve

Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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What lies ahead for the new version of Waterstones

Industry figures have outlined their hopes and fears for Waterstones following its acquisition by hedge fund Elliott Advisors last week. Continue reading at The Bookseller

[ The Bookseller | 2018-05-04 00:00:00 UTC ]
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Trade welcomes Daunt's continued leadership after Waterstones sale

Publishers, authors and agents have welcomed Waterstones’ change of ownership this morning and expressed relief at the news James Daunt is staying on to lead the company. Continue reading at The Bookseller

[ The Bookseller | 2018-04-27 00:00:00 UTC ]
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Waterstones Sold, Daunt to Stay CEO

Elliott Advisors, a U.S. investment firm, has agreed to buy U.K. bookstore chain Waterstones for an undisclosed sum. James Daunt will remain CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-26 00:00:00 UTC ]
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'Solid accounts' for Waterstones will appeal to buyers, Daunt says

Waterstones plans to press ahead with its programme of opening new premises in 2018, despite the business being up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-01-26 00:00:00 UTC ]
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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

[ The Bookseller | 2018-01-16 00:00:00 UTC ]
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Industry Insiders: What’s Ahead for the UK’s Leading Bookseller Waterstones?

Among unknowns facing the UK book industry this year, the idea of a Waterstones sale is among the most vexing. There's one point of agreement: Industry players would like managing director James Daunt to stay in place. The post Industry Insiders: What’s Ahead for the UK’s Leading Bookseller... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-12 00:00:00 UTC ]
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ST report on Waterstones sale 'sensible enough', says Daunt

A story in yesterday's Sunday Times reporting that N M Rothschild corporate financiers have been asked by Waterstones owner Alexander Mamut to explore a £250m sale of the chain has been described as "sensible enough" by the chain's m.d. James Daunt. Continue reading at The Bookseller

[ The Bookseller | 2017-10-31 00:00:00 UTC ]
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Daunt dismisses Russian bank link to Waterstones

Waterstones managing director James Daunt has moved to dismiss any suggestion that a Russian bank collapse will impact on the future ownership of the retail chain, saying that the situation is of “no interest or concern” to the business. Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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Waterstones to be 'transformed' ahead of Pullman release

Waterstones in Tottenham Court Road (TCR) is set to be “transformed into Lyra’s Oxford” the night before Philip Pullman’s first Book of Dust novel is published. Continue reading at The Bookseller

[ The Bookseller | 2017-08-22 00:00:00 UTC ]
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Daunt: Waterstones 'not put off' opening more unbranded stores

Waterstones m.d. James Daunt has told The Bookseller he has received “endless” emails from members of the public urging the chain to open unbranded shops in their towns and cities, after the existence of such stores was recently highlighted in the press. Continue reading at The Bookseller

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
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