Login  |  Register          Free Newsletter Subscription
Email
Print
Reprint
Learn RSS

Potter Aids Hastings

by Staff -- Publishers Weekly, 8/27/2007

Potter Aids Hastings

Total revenue at Hastings Entertainment rose 2.3%, to $125.9 million, in the second quarter ended July 31, helped by $1.8 million in sales from Harry Potter and the Deathly Hallows. Net income jumped to $1.9 million, from $179,000 in the comparable period in last year’s second quarter. Same-store sales of books were up 6.9% in the quarter. For the first half of the year, total revenue at Hastings slipped 0.2%, to $254 million, but earnings doubled, to $4.3 million. Book comps in the six months were up 2.8%.

New Bantam Dell Imprint

Bantam Dell is launching an imprint in February that will publish titles simultaneously in trade and mass market paperback. Bantam Discovery will release one title every month in both formats, beginning with Tess Stimson’s The Adultery Club. The new imprint is being formed in response to changes in the marketplace, in which accounts will accept only one paperback format.

B&N Stores Avoiding 'Did It’

Explaining that it doesn’t believe there will be strong demand for If I Did It, Barnes & Noble will not carry the book in its traditional bookstores, although it will offer the title through barnesandnoble.com. Amazon will carry the book, as will Borders, although the retailer will not promote it.

Globe Buys Footprint

Globe Pequot Press has acquired Footprint Books, located in Bath, England, to strengthen its international travel list. Founded in 1924, Footprint has a backlist of 80 titles. Including revisions, GPP plans to publish 20 Footprint guides a year. Footprint has been distributed in the U.S. by NBN, and GPP will assume that role at the beginning of 2008.

T&F Adds Productivity

A week after agreeing to acquire Howath Press, Taylor & Francis has bought Productivity Press. Productivity, based in New York City, publishes books designed to improve business practices, primarily in manufacturing, and has about 200 titles. Maura May will continue as publisher of Productivity.

Harwood Joins Borders

Borders Group has appointed Susan Harwood its new CIO. Formerly v-p of information technology at Books-A-Million, Harwood will oversee all of Borders’s technology operations as well as take part in the relaunch of Borders.com, which is set for the first quarter of 2008.

Maguire Scholarship

The Perseus Books Group has established the Elizabeth A. Maguire Scholarship Fund to honor the memory of Maguire, the v-p and publisher of Basic Books who died in April 2006 of ovarian cancer. The scholarship will provide aid to students attending the Columbia Publishing Course.

Corrections

The War: An Intimate History 1941–1945, which Knopf will publish in September, is written by Geoffrey Ward. Our brief bio accompanying an essay by Ken Burns (PW, Aug. 20) stated erroneously that Burns was the author; in fact, he wrote the introduction only.

The title of Joel Osteen’s new book was incorrect in a sidebar to “Purpose-Driven Marketing” (Aug. 13). The book is Become a Better You.

Email
Print
Reprint
Learn RSS

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

PW PARTNERS




 
Advertisement

More Content

  • Blogs
  • Podcasts
  • Photos

Blogs

  • Kevin Howell
    Notes From the Bookroom

    September 13, 2007
    Worst...Book...Ever: Everything You Always Wanted to Know About Sex
    Try as I might to stay out of the tabloid muck that has infested general news coverage (will the rai...
    More
  • Alison Morris
    ShelfTalker: A Children's Bookseller's Blog

    August 13, 2007
    Authors' Expectations Eclipsed By Stephenie Meyer
    I propose a moment of silent sympathy for the writers of the world, in the face of what's been a rat...
    More
  • » VIEW ALL BLOGS RSS

Photos

Advertisements






NEWSLETTERS
Click on a title below to learn more.

PW Daily
Religion BookLine
Children's Bookshelf
PW Comics Week
Cooking the Books
©2009 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites