Bookselling Mapped
An interactive map showing the locations of booksellers across America as well as former Borders locations. more...
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As part of a two-year partnership, McGraw-Hill Education is making its e-books available to students at the University of Minnesota at a discounted rate.
Strong growth for regional chain where books are gifts
Paper stores were originally news agents selling newspapers, magazines, and cigars. But no more, at least for the Paper Store, headquartered in Acton, Mass. Ever since Bob Anderson, fresh out of college, purchased the original 700 sq. ft. Paper Store in Maynard, Mass., in 1964, he has tinkered with size, format, and product mix to turn it into one of the largest regional chains—and one of the fastest growing retailers—in New England. The company now has more than 1,000 employees and continues to hire as it expands.
As e-tailers grow, digital leads the way
According to the newest figures from Bowker Market Research, online retailers accounted for 39% of all book sales in 2011, up from 30% in 2010. The increase gave the online channel, led by Amazon and BN.com, a commanding lead over bookstore chains as the largest outlet for sales. The chains, weakened by the loss of Borders in the year, accounted for only 26% of sales, down from 29% in 2010. Data from Bowker, and other sources, suggest that the gains posted by the e-tailers are being driven mostly by e-book sales. Furthermore, the online channel, much like its bricks-and-mortar competitors, is seeing, if not a decline in print book sales, at least slowing growth.
Washington, D.C.’s Politics & Prose is offering overseas tours with curated reading lists and book discussions to Ireland, France, India, and Israel.
Books-A-Million’s board of directors has formed a two-person special committee to examine the proposal made by the Anderson family last week to acquire all the outstanding shares of the book retailer for $3.05 per share. The announcement comes as the offer comes under attack as undervalued from a number of different quarters.
Ingram Content Group has launched a new and comprehensively redesigned version of iPage, its online search, order, and account management site.
Monsoon Commerce, which facilitates the sale of used and new products through its online marketplace, reported a 73% increase in first quarter merchant sales of general merchandise. Sales of media products, including books, rose 9% in the period.
Even though they’re a niche business, used-book stores have not been immune to the twin threats of the Kindle and the recession, which forced a number of stores to close. Like their new-book colleagues, used-book sellers are looking to new products and business models to survive and thrive. Many have turned to online selling through Abe, Amazon, and eBay. In areas where the recession is starting to recede, some are expanding their physical footprint. Others with relatively flat sales like Half Price Books, the largest independent bookstore chain in the country, continue to re-evaluate their business.
Amazon Starts Strong and more
Lemuria Books in Jackson, Miss., has found a way to connect with the community and promote literacy by partnering with the United Way for its Pages of Promise Book Drive to give every student in grades K-12 in the Jackson school system—where 80% of the kids live on or below the poverty line—a book for summer reading.
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