Bookstore Sales Drop Nearly 3%

-- Publishers Weekly, 2/14/2007

Bookstore sales fell 2.9% in 2006, to $16.12 billion, according to preliminary estimates from the U.S. Census Bureau. The figures reflect the poor holiday sales reported by many booksellers, with December sales tumbling 8.8%, to $1.99 billion. For the entire retail segment, sales rose 6% in the year.

This article originally appeared in the February 14, 2007 issue of PW Daily. For more information about PW Daily, including a sample and subscription information, click here »

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