May 20 2008
Hastings Entertainment’s sale of books has increased 5.6% in the last quarter, bettering the increases in movies and music sales. The problem for publishers is part of the increase is due to the rise in used book sales.
Hastings said sales of new trade paperbacks, including Eckhart Tolle’s New Earth, as well as higher sales of used trade paper and hardcover titles, lead the gain in the period.
I would expect to see more used book store sales relative to new given the tightening economy.
Via Publishers’ Weekly.