K.M. Weiland is an excellent resource for writers of all types. Her website Helping Writers Become Authors should be on everyone’s short list of helpful websites. Also, her books on writing are excellent and merge well with Agile Writer theory. But, in a recent site article by Katherine Marsh entitled “Why Do So Many Bad Books Sell on Amazon?” steps […]
Used books are a good deal. But apparently there are a good deal of these titles: POLITICAL TELL-ALLS NONFICTION TITLES MADE INTO MOVIES: Seabiscuit, Unbroken, Marley and Me, The Blind Side, Black Hawk Down. ’80S AND ’90S PAPERBACK HITS: Mary Higgins Clark, Danielle Steel, Sydney Sheldon, Tom Clancy, Nora Roberts. JAMES PATTERSON CHRISTIAN FICTION GREATEST HITS: The Shack, Left Behind, […]
In a lawsuit filed August 28 in the U.S. District Court for the Southern District of New York, former Barnes & Noble CEO Demos Parneros has charged the retailer with breach of contract and defamation of character. The suit contains numerous unflattering revelations about the inner workings of B&N, and includes the bombshell news that a deal to sell the company […]
Launching a partnership announced earlier this year, Walmart and e-book retailer Rakuten Kobo detailed plans to offer an array of e-book content, reading services and devices via Walmart stores and cobranded iOS and Android apps. The new service, Walmart eBooks by Rakuten Kobo, launches today and will deliver a newly organized digital books and services catalog to Walmart consumers based […]
From Michael Kozlowski Major publishers have attended meetings with the founder of Barnes and Noble and have voiced their displeasure that the booksellers management team is in a constant state of disarray. They indicated that they have a strong interest in Barnes & Noble running a healthy and stable business, to counteract the clout of Amazon. Barnes and Noble has […]
According to a filing made with the Securities and Exchange Commission, Schottenfeld began buying B&N shares on May 29 and made his most recent purchase July 16, accumulating 4.2 million B&N shares. Schottenfeld paid between $5.32 and $6.57 per share for his stake. B&N’s shares began the year trading at $6.70, and closed at $5.65 per share on July 23. […]
Combined North American sales of graphic novels and periodical comics declined about 6.5% to $1.015 billion in 2017, according to a joint estimate made by pop culture trade news sites ICv2.com and Comichron. The overall sales decline was due to a 10% drop in the comics shop channel which was somewhat offset by only a 1% decline in sales to […]
Bookstore sales rose from $741 million last May to $745 million in May 2018, according to preliminary estimates released by the U.S. Census Bureau. The $4 million rise in sales amounted to a 0.5% increase year over year. The small May gain is in keeping with the sluggish start bookstore sales have had in 2018. Through the January to May […]
In a brief statement released late Tuesday afternoon, the retailer said CEO Demos Parneros was terminated for “violations of the Company’s policies.” While not saying what policies Parneros violated, B&N said his termination “is not due to any disagreement with the Company regarding its financial reporting, policies, or practices or any potential fraud relating thereto.” In addition to being fired […]
Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Revenue last year was $3.66 billion, down from $3.89 billion in fiscal 2017. The net loss includes a […]