book-sales

Barnes & Noble CEO Looks Into Ending Traditional Return Policy

Steve Riggio, CEO of Barnes and Noble, stated today during BN’s first quarter conference call that Barnes and Noble is open to alternative solutions to deal with unsold books. Currently mass markets are stripped and thrown away with the covers being sent back to the publisher for credit. I’m not sure how trade and hardcover(…)

Barnes & Noble Is Struggling

Barnes and Noble reported a loss for the first quarter of $2.2 million which is a greater loss than last year’s first quarter returns which were down $1.67 million. Interestingly, part of the loss was from settlement monies paid as a result of a dispute regarding collection of taxes on online sales. Same store sales(…)

Increased Book Sales at Hastings Chain Result of Used Book Sales

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(…)

Eliminating Returns May Reduce Waste but Might Also Reduce Sales

HarperCollins is experimenting with a no return policy. According to the GalleyCat article yesterday, 31% of books printed are returned to the publishers. Removing the right of return would reduce environmental waste. However, no returns will likely result in fewer books ordered by the chain stores. Independents might eliminate ordering books with no returns altogether.(…)

Literary Segregation or Market Specialization?

Borders, who financially might be on its last legs, is not going down without a fight. It opened a new store a few weeks ago and is now launching a new Latina book club (does the Latina instead Latino mean that the book club is just for women?) Does this mean that there will be(…)

Net Book Sales in February Up Despite Depressed Economy

I haven’t done a good job of posting these figures recently, but net book sales for the year are up 6.2% in 2008 and 4.8% in February alone. Given that we are either in a recession or on the cusp, I would think any amount of increase is positive. Adult paperback is seeing the largest(…)

Ebook Sales Up 59% in 2007

Business Week reports that ebook sales are up 59% in 2007 as compared to sales in 2006. I suspect some of this is due to the increasing availability of mainstream books in “e” form. I believe that all major publishers put out their romance books in ebook form except Dorchester (although I have heard some(…)

Harper Rebounds

As reported by Publishers Marketplace A Better Quarter for Harper HarperCollins rebounded in their fiscal second quarter after a “terrible” first quarter, with sales rising 3 percent compared to a year ago to $406 million and income of $67 million–up $13 million from the same time last year, though that was the quarter in which(…)

Amazonian Numbers

From Publishers Weekly: The Publishers Weekly Stock Index managed to eke out a 1.7% increase last year, thanks largely to Amazon.com. Shares soared nearly 135% while the stock fortunes of traditional book stores fared much worse, particularly Borders Group, which lost half of it’s value in 2007. Even bookstore leader Barnes & Noble couldn’t escape(…)

Books Top Seller for Internet

It’s books, not gadgets, that is the top selling product online across the world.   According to a new Nielsen report, 41% of internet users worldwide (48 countries) and 38% of US internet users (estimated 57.5 million) buy books online. Nielsen expects this number to grow.    Foner Books sales statistics show that 2007 sales numbers(…)

Fictionwise Year End Sale

Now through December 31, at Fictionwise, every MultiFormat eBook is discounted 20% and every Secure eBook receives a 20% Micropay rebate. A multiformat book is one that is sold without DRM and a Secure book (usually from a NY Publisher) has DRM. Happy ebook shopping folks. Send to Kindle

Bookstore Sales Up in October

Publishers Weekly (and every other book rag including mine now) reported that the bookstore sales for October were up again rising 8.0% to $1.10 billion in sales. Not too shabby. This is the fourth month of increased book sales. Great news because surely the October sales can't be attributed to Harry Potter can they? Send(…)

Manga’s 2007 Sales Are Up. So Is It or Is It Not Dead?

In the fall of 2007, USA Today had an article declaring that Manga was dying. Despite that Tor has signed a joint venture with Seven seas Entertainment to produce and distribute original manga titles and compete for the licenses of top Japanese Manga. Total sales for Manga is up by 10% to “more than $220(…)

Romance Books Comprise 21% of the $6.31B Book Industry

Romance Books Comprise 21% of the $6.31B Book Industry

According to the Business of Consumer Publishing 2006, the net revenue from retail sources in the U.S. accounted for $6.31 billion in 2006. Romance sales accounted for $1.37 billion or 21% of the overall sales just behind religious/inspirational sales which accounted for $1.68 billion. According to the Assocation of American Publishers, religious/inspirational sales includes the(…)

Bookseller Sells Collection of Books; Retires Thanks to the Church’s Undervaluing the Collection

This article tickled my fancy. Apparently, the Church of England approved the sale of hundreds of old Bibles and manuscripts to John Thornton, a small bookshop owner in Chelsea, West London for 36,000 pounds. Thornton, in turn, resold the religious collection for more than 500,000 pounds and plans to retire to the country with his(…)