- 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.
- 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
- 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 Deal with Bookshop Draws Booksellers’ Scrutiny
Last month, online retail newcomer Bookshop divvied up a sales dividend of more than $1 million among 861 bookstores who use the site to sell books.
- 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.
- 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.
- 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.
- Australia's Booktopia Preps for $30 Million IPO
In January, the company bought the digital assets of the bankrupt University Co-Operative Bookshop (it did not purchase the company's 30 bookstores).
- London Book Fair 2020: London Calling
In the U.S. market, however, NPD BookScan reports that after six straight years of gains, unit sales of print books declined in 2019 compared to the previous year.Globally, digital audio remains a bright spot for a mature publishing industry that has been searching for a path to
- Seasonal Adjustments: Fall 2.0
At the same time, online sales skyrocketed.Monthly web sales were up 667% in March compared with March 2019, and they peaked in May at an increase of 1,031% over May 2019.
- TKO Studios Expands to the Book Trade, Movies
The house signed a distribution agreement with PGW in June and TKO trade paperbacks, Chun said, are now available at Barnes & Noble and in more than 100 independent bookstores, as well as Target and Walmart (where they are available via a pilot program).To improve its sales thr