How is barnes and noble doing

Industrywide, US sales of books are up 12 percent so far this year through August compared to the same period a year ago — and up 20 percent from over the same time period, according NPD Group, a market research company. A source familiar with the matter says Elliott is about halfway through its plan that would eventually spin the bookseller back onto the public markets — or sell it to another private buyer.

Revamped stores are brighter with abundant overhead lighting and more open floor space. He declined to give an exact dollar amount for revenue or profit. Some of the new stores will also be about the quarter of the size of the typical 25, square foot location, Daunt said, adding the chain can now drive the same volume out of a 8, square foot store as a 25, square foot store. In its place, book sales moved to big retailers like Costco — as well as to new online channels.

An online bookselling challenger to Amazon called Bookshop. Before then, Bookshop, which launched with the support of the American Booksellers Association in January , had attracted only a small amount of attention. But small booksellers were trying desperately to set up their own online stores to deal with lockdowns.

Customers and booksellers alike turned to Bookshop, and its share of the print market rose from virtually nothing to 1. Bookshop pitched itself as an anti-Amazon challenger — an e-commerce company created in partnership with indie bookstores that intends to share profits with them. A year in, its market share in the book business remains minuscule, but the fact that it has made an impact at all is notable.

Now, as of February , Bookshop accounted for 1. When broadened out to all book sales, including in-person purchases, that share was. A total of As losses continued over the past year, that extra market share seemed to flow toward big-box stores, indie bookstores with a strong e-commerce premise, as well as to Bookshop.

Kahn said she sees its future, at least in the best-case scenario, as taking on the approach of a Lululemon — a large, national chain store that, she said, captures a sense of local zeal. If working at an office location and you are not "logged in", simply close and relaunch your preferred browser. For off-site access, click here.

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