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  • B&N Feels the Post-holiday Blues
    Although sales in Barnes & Noble’s retail trade operation rose 0.3% in the third quarter, which ended Jan. 26, 2019, over the third quarter of last year, and comparable store sales rose 1.1%, company executives said the investments in marketing and promotions that drov
  • NYCC 2017: As Graphic Novels Grow In Book Trade, Comics Shops Struggle
    “The book channel will be equal to comics stores in 2019 and pass it in 2020.”
  • Arcadia Readies for Second Year Under New Ownership
    Arcadia Publishing hit its sales budget for the fiscal year ended March 31, 2019, and made investments in new systems that laid the groundwork for future growth, CEO David Steinberger said in a letter to employees.
  • Coronavirus: The Latest Challenge for Toy Makers—and Publishers
    Sales of toys in China reached $13.4 billion in 2018, according to a 2019 report published by Research and Markets, which predicts a compound annual growth rate of 10.8% from 2019 to 2024.
  • HC Intros Fast-Track Sign Up for Indies
    HarperCollins has introduced a new fast-track program for all bricks-and-mortar independent bookstores that have been using Baker & Taylor to order the company’s titles.
  • Book Biz Stock Sank Over Past Six Months
    For the fiscal year ended Apr. 27, 2019, the company’s revenue fell 7.7% compared to fiscal 2018, though it did cut its net loss.The announcement by Barnes & Noble that it had agreed to be acquired by the hedge fund Elliott Advisors did not prevent the bookstore chain’s
  • Canadian Publishers Showcase the Nation’s Diversity
    Nonfiction titles have dominated the overall bestseller lists in Canada in the first six months of 2019, and sales in the segment were up 1.4% in 2019 over 2018, with all other categories down from last year.
  • New York Comic Con Looks Ahead
    Against that backdrop, ICv2 CEO Milton Griepp delivered his annual white paper on the comics industry during Insider Talks, an annual ICv2 conference held during NYCC; the highlight of the report: graphic novel sales so far in 2019 are up by “substantial double-digit” figures over last yea
  • ABA CEO Thanks Publishers for Profits
    He also praised efforts to increase pre-order sales and promised a plan to do "much more" in 2019 to bolster this channel.Looking forward, Teicher said the biggest challenges to bookstore profitability were "upward pressures in occupancy and payroll" costs.
  • Category Snapshot: The Benefits of the Board Book Boom
    For the fifth year in a row, NPD reports a year-over-year increase in children’s board book sales, and data for 2019 shows they are on track to surpass last year’s numbers once again.
  • B&N Sees Better Times Ahead
    He called the online initiative a “big must for the company.”Riggio also acknowledged another past mistake: the launch of five bookstores that feature restaurants.
  • Christian Product Expo Gains Momentum
    Attendance was up 15% from CPE Winter 2019 which took place in the Poconos, Penn.
  • HMH Books & Media Sets Indie Plan
    \tOffered until Oct. 1, 2019 "HMH is committed to our independent bookstore partners and to a flourishing retail marketplace," said Ed Spade, v-p sales and national accounts at HMH Books & Media, in a statement.
  • Book Revenue Fell 21% in Q1 at LSC
    The decline in educational sales was due to “relatively high” inventory levels at publishers and in the distribution channel.
  • Robots & Revenue Streams at SCIBA 2018
    Booksellers will get their first chance to set up a digital portal at the ABA’s Winter Institute in January 2019 at the Albuquerque Convention Center.

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