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National Retail Federation Backs Tax Fairness Legislation
The National Retail Federation submitted written testimony ahead of today’s hearing by the House Judiciary Committee to support tax fairness legislation.
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Black Friday Weekend Proves A Dickensian Start to Holidays
This year’s holiday selling season at independent bookstores hews closely to the opening of Dickens’s A Tale of Two Cities: “It was the best of times, it was the worst of times.”
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Borders in WARN Act Deal
Borders and a group of employees who had filed a class action suit against the bankrupt chain over being given insufficient notice before being laid off have reached a tentative deal.
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Traverse City Is for Book Lovers
Megan Raphael, executive director of the National Writers Series, a literary nonprofit organization, in Traverse City, Mich., insists that local government leaders should declare it a “book city.”
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RiverRun Gets Lifeline
Tom Holbrook, owner of RiverRun Bookstore in downtown Portsmouth, N.H., has signed a letter of intent for a new location with lower rent two blocks away. He has also received donations of books and money as well as a dozen offers to invest in the store as co-owners.
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Random House Implements Indie Shipping Initiative
Random House has started an expedited delivery program for independent booksellers during the holiday season that it is calling "2-Day Transit."
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Sales Down, Losses Up at Books-A-Million
A combination of a 7.7% drop in comparable store with the closing of 21 under-performing stores led to an 8.1% decline in sales, to $94.4 million, at Books-A-Million in the third quarter ended October 29.
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New Owner for New England Mobile Book Fair
The Boston area’s iconic bookstore in Newton, Mass., New England Mobile Book Fair, has a new owner just in time for the holidays, management consultant Tom Lyons.
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Nashvillians Flock to Patchett’s Grand Opening
Ann Patchett and Karen Hayes opened their highly-anticipated bookstore in Nashville this weekend, drawing big crowds and big sales.
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Third Quarter Results Fall at Hastings, Launches E-bookstore
A weak slate of new offerings across the book, movie and video game businesses, as well as the continuing move to e-book sales from print books, led to a loss of $5.5 million at Hastings Entertainment in the third quarter.
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Bartleby’s to Re-Open Friday
This year Black Friday has a special meaning for Bartleby’s Books in Wilmington, Vt., which will reopen on the Friday after Thanksgiving, November 25.
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Analysts Look at the Holiday Season—and Beyond
How’s the holiday shopping season shaping up for 2011? It could be better, market-watchers said, but it could be worse. “Business is never as bad as people say,” said Todd Slater, former managing director of Lazard Capital Markets, “or as good.”
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Barnes & Noble Sees Bright Future in Digital
Barnes & Noble sees it sales of e-books rising from about $250 million in 2010 to over $2 billion in 2015, according to a presentation made by CEO William Lynch at Liberty Media’s investor meeting Thursday. While e-book sales are expected to skyrocket, sales of print books through B&N are expected to fall from about $3.6 billion in 2010 to about $2.8 billion in 2015, Lynch reported.
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At Retail Conference, Edwards Addresses His Time at Borders
At the Association for Corporate Growth’s Annual Retail Conference, Mike Edwards, former CEO of Borders, said his brief reign at the troubled retailer was like an “incredibly crazy movie.”
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Copperfield's Books Moves Santa Rosa Location
Copperfield’s Books, the multiple-store independent based in California's Sonoma and Napa counties, moved its Santa Rosa location from one end of the Monterey Village mall to another this month in just four days.
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B&N in Patterson Promotion
Barnes & Noble is offering an in-store promotion with James Patterson that will offer customers who buy Kill Alex Cross in hardcover, plus any other Patterson title for adults or children in any format, a free physical copy or Nook Book of Patterson’s novella Merry Christmas, Alex Cross, a title available only at B&N.
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Taschen to Pop Up in New York
Taschen’s continuing to brand its line of illustrated books this season, first with branded sections in museum stores like the Chicago Institute of Art and the Wexner Art Center in Columbus, Ohio, now with a pop-up bookstore at 998 Madison Avenue in New York City that is slated to open at the end of the month.
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Tattered Cover Adds Espresso Machine
Tattered Cover Book Store is the latest bookstore to install the Espresso Book Machine. Installation of the machine and staff training are being completed this week, and the new Tattered Cover Press will be up and running in the store's Historic LoDo Denver location before the holidays.
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