At Books-A-Million in the third quarter ended October 31, net sales fell 0.6%, to $110.9 million, compared to the same period a year ago, and the net loss improved slightly to $1.6 million, compared to a net loss of $2.2 million in 2008. Sales at stores open at least a year dropped 1.9%.
Clyde B. Anderson, chairman, president and CEO, commented: "Comparable-store sales for the third quarter improved over the second-quarter trend. We saw stabilization in our core book business and continued growth in the bargain book and gift departments. Our balance sheet remains strong, and we are focused on maintaining fiscal discipline while preparing for the holiday season."
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Oprah Winfrey plans to end her talk show in September 2011, at the end of its 25th year on the air. The book world's best salesperson is planning to concentrate on her future cable channel, which is called OWN: The Oprah Winfrey Network, a joint venture between her and Discovery Communications.
The New York Times said that OWN's launch "has proved challenging: OWN was originally expected to begin in late 2009 or early 2010, but management turnover and an uncertain advertising climate have caused delays. Discovery has not specified a premiere date for the network, which is intended to replace the Discovery Health Channel in more than 70 million households."
In the Wall Street Journal, Lorraine Shanley of Market Partners International called the show's end "a blow. Oprah Winfrey has supported many authors, and her book club has had a huge impact on America's reading habits. She made Faulkner a best seller again. She also promoted an eclectic group of authors and created publishing successes for many commercial writers."
And Random House spokesperson Stuart Applebaum told the paper, "If it is the end of her daily talk show, we probably won't see something else to match its overall potential impact on book sales in the broadcast arena any time soon. She has an integrity and connectivity to her viewership that is unmatched by any other television broadcast personality. Happily she enjoys reading books and wants to persuade her viewership to enjoy them as much as she does. It's not a characteristic shared by any other TV personalities with her persuasiveness."
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The Booksellers Association of the United Kingdom & Ireland is launching a marketing campaign based on ABA's IndieBound program for members of its Independent Booksellers Forum, Bookselling This Week reported.
The BA plans to launch an IndieBound website early next year. The site
will be hosted by ABA in the U.S. and offer licensed IndieBound
marketing materials that will in some cases be adapted for the U.K.
ABA CEO Oren Teicher said, "The IndieBound message is universal, and we look forward to seeing how the independent bookstore members of the BA use the program's marketing materials to meet their unique needs."
Meryl Halls, head of membership services for the BA, said she was "incredibly inspired" by the program while at the ABA's Winter Institute in Salt Lake City early this year. "It makes perfect sense to me to share the inspiration and rationale behind such a powerful campaign, and our idea is to make available to U.K. independents some of the great work being done in the States around booksellers profile-raising and community building."
BA members learned about Indiebound in detail during the association's Independent Booksellers Forum at Warwick University, when ABA chief marketing officer Meg Smith made a presentation about IndieBound. With a vote of hands, booksellers in attendance indicated "near-unanimous support" for bringing the program to the U.K., the BA said.
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ABA and IndieBound has introduced the 2.0 version of IndieBound for
iPhone, which allows consumers to search for and buy e-books from
independent booksellers, according to Bookselling This Week.
Among
other updates: bestseller lists, the Indie Next List and other book
lists indicate which are also available as e-books, and the book
search function now offers three types of searches: all results, books
only or e-books only.
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Changes at Borders Group:
- Bill Dandy has joined the bookseller as senior v-p, marketing. He was formerly executive v-p, marketing, for Mattress Firm and earlier was chief marketing officer for Dick's Sporting Goods; senior v-p, marketing, for Jo-Ann Stores; senior v-p, retail sales and operations, Famous Footwear; and v-p, marketing and advertising, at Michaels Stores.
- Art Keeney, who has been senior v-p, marketing, since June, is becoming senior v-p, store operations. He has had a 30-year career with national retailers.
- Larry Norton, who joined the company in August as senior v-p, merchandising and distribution (Shelf Awareness, August 12, 2009) is becoming senior v-p, merchandising, for adult trade and children's books, and will now lead the book-buying teams at Borders. For many years, he held sales positions at Simon & Schuster and William Morrow.
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Headless, faceless women. No, not also rans for 2009's best authors,
but the figures gracing the covers of many novels, as noted on
FirstThings.com.
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Actually there was a woman who won on Wednesday night at the National Book Awards: The Complete Stories by Flannery O'Connor was selected as the best work to have won the National or American Book Award for fiction in the program's 60-year history, according to the New York Times. The book was chosen in an online poll conducted by the National Book Foundation.
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The Inter-American Development Bank and Fondo de Cultura
Económica, the Mexican publisher, have opened what they call "the first
Latin American bookstore in Washington, D.C.," according to the
Government
Monitor. Dubbed Pórtico, the new bookstore is located at IDB headquarters on
New York Avenue.
The bookstore offers books in Spanish from Fondo and a variety of other publishers as well as IDB publications and DVDs of Latin
American films.
The store is located at 1350 New York Ave., N.W.,
Washington, D.C. 20577; 202-312-4186; e-mail:
portico.sales@fceusa.com.
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NACS's
Campus Marketplace profiled the Friends of Art Bookshop at the Indiana University Henry Radford Hope School of Fine Arts, Bloomington, a nonprofit, volunteer-run bookstore with "one of the largest collections of fine-art books in the Midwest" that has raised more than $200,000 for student scholarships in the last five years.
The 1,600-sq.-ft. store stocks "nearly 10,000 titles that include artist monographs, art history, photography, ceramics, paintings, and textiles. The stock also contains textbooks for all fine-arts courses at IU." The Bookshop is in a building next to the University's Art Museum, which has its own shop, but the museum shop doesn't carry books and the FOA Bookshop "limits its gift items."
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Wednesday night the Daily Show's "senior literary critic" John Oliver went to a New York City Barnes & Noble "to witness the excitement" about
Going Rogue. Among the highlights of
the segment: interviews with people "dressed up" as characters in the book--Eastern elitists--and a reading with some young literary critics. One bookseller noted that the store had ordered eight copies of the book and probably wouldn't sell any.