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 ]

Other news stories related to: "Waterstones cuts losses as Daunt looks ahead with 'optimism'"


City budget deal allocates $2B for housing, restores library funding

Mayor Eric Adams’ administration has reached a deal with the City Council on a budget that undoes at least some of the cuts he had previously imposed and adds new funding for housing construction, according to City Hall and a person familiar with negotiations.The mayor’s office announced... Continue reading at Crains New York

[ Crains New York | 2024-06-27 23:09:36 UTC ]
More news stories like this


News Corp profits dive 75% as Rupert Murdoch-owned company hints at AI future

Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving... Continue reading at The Guardian

[ The Guardian | 2023-08-11 00:14:07 UTC ]
More news stories like this


New year cheer

Last week the Booksellers Association (BA) reported that the number of independent bookshops in the UK and Ireland had grown for the fifth consecutive year, with the BA’s figures showing 1,027 shops as active members at the end of 2021, the highest number since 2013. Continue reading at The Bookseller

[ The Bookseller | 2022-01-15 20:36:31 UTC ]
More news stories like this


Indie bookshop numbers rise for fifth consecutive year, BA figures show

The number of independent bookshops in the UK and Ireland has grown for the fifth consecutive year despite challenges brought by the pandemic, the Booksellers Association says. Continue reading at The Bookseller

[ The Bookseller | 2022-01-07 22:34:12 UTC ]
More news stories like this


Profile turnover up 7% after 'healthy' year

Profile Books has reported a "healthy" financial year for the 12 months to end of March 2020, with a turnover of £12.2m, up 7% on the previous year. Continue reading at The Bookseller

[ The Bookseller | 2021-01-27 22:15:55 UTC ]
More news stories like this


Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller

[ The Bookseller | 2021-01-08 08:40:13 UTC ]
More news stories like this


Library spending fell by £20m in 2019/20 amid warnings of further cuts

New figures show total spending on Great Britain's libraries fell by £20m in the last financial year, as Libraries Connected warned more budget reductions are on the way. Continue reading at The Bookseller

[ The Bookseller | 2020-12-04 10:12:19 UTC ]
More news stories like this


CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
More news stories like this


Kennedy shortlisted for Sunday Times Audible Short Story Award for consecutive year

Louise Kennedy has made the six-strong shortlist for this year's Sunday Times Audible Short Story Award for the second year running. Continue reading at The Bookseller

[ The Bookseller | 2020-06-07 17:27:57 UTC ]
More news stories like this


BA hails increase in indie bookshops for third consecutive year

The number of independent bookshops in the UK and Ireland has grown for the third consecutive year, according to new data from the Booksellers Association.  Continue reading at The Bookseller

[ The Bookseller | 2020-01-09 17:00:46 UTC ]
More news stories like this


Review of the Year 2019: The Bestsellers

With print books selling 191.6 million units for £1.66bn, 2019 became the print market’s fifth consecutive year of growth and its best since 2010 in value terms, according to Nielsen BookScan’s Total Consumer Market.  Continue reading at The Bookseller

[ The Bookseller | 2020-01-02 20:35:48 UTC ]
More news stories like this


Print grows for fifth consecutive year in 2019

Kay Featherstone and Kate Allinson’s Pinch of Nom: Everyday Light (Bluebird) has re-claimed the UK Official Top 50 number one spot, with 44,024 copies sold through Nielsen BookScan’s Total Consumer Market, as the print market posts 2.4% growth in value for 2019 and a 0.4% bump in volume year on... Continue reading at The Bookseller

[ The Bookseller | 2019-12-30 18:15:33 UTC ]
More news stories like this


Blackwell's reports third year of growth as sales rise to £58.3m

Blackwell’s has reported a third consecutive year of growth, with sales of £58.3m for the financial period ending 29th June 2019, up from £57m the previous year. Continue reading at The Bookseller

[ The Bookseller | 2019-11-04 03:38:15 UTC ]
More news stories like this


Waterstones staff to be awarded 4% bonus

Waterstones owners Elliott Advisors have approved a company-wide 4% bonus, following a "pretty good" financial year "driven above all by better book sales", according to m.d. James Daunt.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-31 02:35:31 UTC ]
More news stories like this


Independent News & Media to be sold to Belgian group

Denis O’Brien loses hundreds of millions in sale of Ireland’s biggest newspaper publisherIreland’s largest newspaper group has agreed to a takeover offer from the Belgian media group Mediahuis in a deal in which its largest shareholder, billionaire Denis O’Brien, will lose hundreds of millions... Continue reading at The Guardian

[ The Guardian | 2019-04-30 00:00:00 UTC ]
More news stories like this


Publishers failing to improve racial and regional diversity, survey finds

Despite concentration of publishers in London, only 11% of respondents identified as BAME – significantly lower than average of 40% in the cityA major survey of the UK’s publishing workforce has found that “significant progress” still needs to be made on both the numbers of black, Asian and... Continue reading at The Guardian

[ The Guardian | 2019-01-16 00:00:00 UTC ]
More news stories like this


Indie bookshop numbers rise for second consecutive year

The Booksellers Association has reported a second year of growth in its independent bookshop membership, with 15 new shops joining the trade body in 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-06 00:00:00 UTC ]
More news stories like this


Bloomsbury sees 22% leap in adult trade revenues in first-half

Revenues in Bloomsbury’s adult trade division soared by 22% in the first six months of the financial year. Continue reading at The Bookseller

[ The Bookseller | 2018-10-24 00:00:00 UTC ]
More news stories like this


Book sales down 7% for WHS in first half

W H Smith’s book sales fell 7% in the first six months of its financial year, but the retailer said it has seen some “encouraging results” for its new high street book offer for customers. Continue reading at The Bookseller

[ The Bookseller | 2018-04-13 00:00:00 UTC ]
More news stories like this


Bloomsbury's first half revenues soar 15%

The Bloomsbury Group’s revenues soared by 15% to £72.1m for the first six months of its financial year, helped by J K Rowling’s Harry Potter books which boosted sales in the publisher’s children’s division by 33%. Continue reading at The Bookseller

[ The Bookseller | 2017-10-25 00:00:00 UTC ]
More news stories like this