Bookstore sales in November were $1.092 billion, down 1.7%, from $1.111 billion in the same month in 2005, according to preliminary estimates from the U.S. Census Bureau. The Bureau revised October sales downward to $1.003 billion from $1.006 billion. Note: CB does not account for direct mail, online sales, or ... more >
Shelf Awareness reported that Sean Bentley, buyer of black fiction for Borders, has seen a double digit growth in the last few years and that urban lit comprises 25% of his purchases. The younger generation is driving this market. Via Shelf Awareness.
JP Morgan believes that 2007 will be a good selling year for Barnes and Noble and Borders based upon the last Harry Potter book, increasing purchases by Baby Boomers and a slate of political books to be released before the 2008 election year. Via Publisher’s Weekly.
According to the Association of American Publishers, net sales of books in October were up 13.8% but down overall by 0.3%. Among the categories that say gains in October: E-books, up 34.2%, to $2.1 million Adult hardcover, up 29.4%, to $295.1 million Adult mass market, up 25%, to $76.4 million ... more >
Received in the inbox today a notice that Waldenbooks and Borders Express are having a 10% off sale for all romances until August 27. You do have to be a Borders Rewards member but that’s a free deal. Here’s your opportunity to pick up Nora Roberts’ Angels Fall, Helen Kay ... more >
There was quite the dust up last week involving Laura Lee Guhrke and her opinions that Ellora’s Cave is a fringe publisher and the authors for Ellora’s Cave were not making “good money.” When confronted with Ellora’s Cave authors saying that they do make good money, Ms. Guhrke challenged these ... more >