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Bookstore Sales Up in First Half of 2012
Bookstore sales rose 3.8% in June, to $1.04 billion, according to estimates released by the U.S. Census Bureau. The strong June performance helped to put bookstore sales in 2012 slightly ahead of sales at the half-way point of 2011, with sales up 0.6%, to $6.98 billion.
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Books Up at Hastings, Which Cuts Loss
Given a boost by sales of the Fifty Shades of Grey trilogy, book comps rose 2.5% in the second quarter ended July 31 at Hastings Entertainment. In addition to Grey, sales of used books were up, helping to offset declines in hardcover sales.
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Porter Square Books to Publish Dog Calendar
Next month Porter Square Books in Cambridge, Mass., is hoping that customers will sit up and take notice of Sit. Stay. Read! (PSB, $15), a 2013 wall calendar of neighborhood dogs.
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This Week's Bestsellers: Aug. 6-12, 2012
Analysis of and commentary on this week's PW Bestsellers lists.
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A Changing Retail Marketplace
Is the shift we see in the book industry between physical and online stores and category sales real? The answer is, yes.
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College Stores Get Ready for National Student Day
On October 4, more than 1,500 college stores, will participate in the second annual National Student Day, sponsored by the National Association of College Stores.
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Powell’s Celebrates First 41 Years
Powell’s Books in Portland, Ore., is marking its 41st with a four-month celebration, which gets underway with a downtown block party on August 25.
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John Sargent to Deliver Keynote at NEIBA
Macmillan CEO John Sargent will kick off the New England Independent Booksellers Association’s three-day fall conference on with a keynote address.
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ABFFE Gears Up for Banned Book Week
The American Booksellers Foundation for Free Expression is providing a variety of tools for booksellers who want to join the celebration of the freedom to read during Banned Books Week (Sept. 30-Oct. 6).
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Greenlight to Co-Curate Series at BAM
Greenlight is extending its relationship with the Brooklyn Academy of Music by co-curating Unbound, a reading series with literary luminaries that launches next month.
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SCIBA Announces 2012 Book Prize Finalists
Book Prize finalists for 2012 are announced by SCIBA in six categories, including fiction, non-fiction, mystery, children's novels, and children's picture books.
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A Sci Fi Bookstore/Publisher Grows in Brooklyn
Three bookstores are opening in Brooklyn in as many weeks. The latest, Singularity&Co., is a sci fi bookstore/publisher in DUMBO.
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NAIPR Basic Goes Live on Edelweiss
After partnering with Above the Treeline last spring to integrate Frontlist Plus Universal into Edelweiss, NAIPR announced that NAIPR Basic is live on the Edelweiss site.
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UK Publisher Triples Sales by Bundling
A small bundling experiment in the UK with the Angry Robot imprint and one bookshop could have big implications given that sales of those titles have tripled.
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Canadian Second Quarter Book Sales Down Slightly
The number of book sold in Canada was down slightly for the second quarter, but booksellers are still finding ways to make a bit more money from the books sold.
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McMurtry's 'Last Book Sale' Set
Larry McMurtry is cleaning house, rather shop. The author-bookseller is auctioning off over 300,000 books, on August 10 and 11, at his Archer City, Tex., bookstore, Booked Up, in an event he has dubbed 'The Last Book Sale.'
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Indigo Cuts First Quarter Loss
Revenue at Indigo Books & Music, Canada’s largest book retail chain, fell 0.8% in the first quarter ended June 30, to C$186.5 million, but the chain's net loss was cut to to C$5.5 million from C$12 million in last year's comparable period.
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This Week's Bestsellers: September 10, 2012
Commentary on and analysis of this week's bestsellers.
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This Week's Bestsellers: July 23-29, 2012
Analysis of and commentary on this week's PW Bestsellers lists.
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What Happened To the Long Tail?
In explaining the steep drop in Penguin Group USA’s profits for the first six months of 2012, CEO David Shanks said one important factor was the decline in backlist sales. Borders was an important customer for Penguin’s backlist, especially its classics line, so the collapse of the chain hurt Penguin more than some other publishers’ backlist offerings.
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