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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