FIGHTING BACK
Independent bookstores have discovered that the internet offers them a way of fighting back against the big superstore retailers. Turns out personal service counts on the web as well. – Wired
Independent bookstores have discovered that the internet offers them a way of fighting back against the big superstore retailers. Turns out personal service counts on the web as well. – Wired
It’s been a difficult summer for the New York Times Bestseller List. “Once the gold standard of commercial success in the book world, the list has been discarded by America’s biggest bookstores, all of which now use their own lists as determinants of discounting policy and in-store real estate. And in separate incidents last week, … Continue reading “NAME BESTSELLER”
Canadian bookstore giant Chapters sues National Post after stories alleging the chain was behind in payments to a large publisher. “CEO of Chapters says that the articles painted a distorted picture of his company.” – CBC
The American Booksellers Association rolled out its new site to sell books from independent bookstores. “The ABA’s ‘save the indies’ plan (nearly half of such stores have disappeared since 1994 due to the rise of chain stores and online booksellers, the organization estimates) has found some adherents while others remain skeptical.” – Inside.com
HarperCollins cuts off deliveries of books to Chapters, Canada’s largest bookstore chain, says National Post. Chapters owes as much as $11- million in unpaid bills dating back to 1999, and there are fears the superstore bookseller may be in deep financial distress. – National Post (Canada) SO MUCH FOR THE EVIL EMPIRE: “The bankruptcy of Chapters would … Continue reading “CHAPTERS IN ARREARS”
How could Amazon afford to give away the costly overnight shipping of “Harry Potter” books? “Harry’s initial success is key to Amazon’s initial success, which is key to the rise in the Internet-stock market, which is key to Amazon’s ability to spend on promotion more than it makes on sales, which is how it can … Continue reading “THE BIRTH OF A PHENOM”
Bookstores report they have been packed continuously since last weekend’s release of the new Harry Potter book. Barnes & Noble said it had its biggest weekend in history, selling 502,000 Potters as of the close of business on Sunday night. The publisher plans to print about two million more copies in the next few months, … Continue reading “THE MIGHTY HARRY”
Consolidation of the book industry is reshaping the face of publishing. But just as significant is the rise of print-on-demand publishing. “Print-on-demand technology allows books to be produced quickly and in small quantities. It eliminates huge print runs, which require large sales to break even. It relieves publishing companies of the need to warehouse inventories … Continue reading “TAILOR-MADE READING”
A small unpretentious used book store in downtown New York has become a hangout for writers. The bookstore relies entirely on random donations, which come variously from people who are moving or deceased, book reviewers, literary agencies, publishers, and collectors. In selecting which books to display, the staff caters to the tastes of regulars—people who … Continue reading “HANGING WITH THE WRITERS”
After seven months of study, a Canadian government commission studying the publishing industry concludes “that bookstore giant Chapters and its wholesale outlet Pegasus are not the problem that some of the small bookstores and publishers have alleged.” – CBC