In the second quarter ended July 31, net sales at Books-A-Million
fell 2% to $120 million and sales at stores open at least a year fell
3.2%. Net income in the quarter rose $1.9 million, compared to $1.5
million in the same period a year ago.
Chairman, president and
CEO Clyde B. Anderson commented: "We are pleased with our earnings
despite the tough comparisons to last year in the core book business
during the quarter. The success last year of the Twilight series and
titles from Glenn Beck and Mark Levin proved difficult to match with
this year's lineup. Nonetheless, our team did a good job to deliver
solid results in a tough environment."
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The two company-backed nominees for election to the Barnes &
Noble board who will run with chairman Len Riggio at the annual meeting
September 28 are David G. Golden and Dr. David A. Wilson. They aim to
fill the seats being vacated by Michael Del Guidice and Lawrence Zilavy.
Riggio is running for re-election. The trio are being opposed by a
slate backed by insurgent shareholder Ron Burkle, who is one of that
slate's nominees.
David G. Golden is executive v-p and a partner
of Revolution, an investment company. Earlier he worked at JP Morgan
Chase and Chase Manhattan Bank. He serves on the boards of a variety of
companies.
Dr. David A. Wilson is president and CEO of the
Graduate Management Admission Council, which administers the Graduate
Management Admission Test (GMAT). Earlier he worked at Ernst & Young
in a variety of positions. He holds a Ph.D. in accounting.
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The BookMark, Atlantic Beach, Fla., which is relocating to 220 First
Street, begins the move this weekend: the store will close on Sunday,
August 22, and reopen on Saturday, August 28. The new site is 300 steps
away from its current location and is a green building with more parking
and more space for events and book club meetings
The store is
expanding its events schedule. The first author event in the new
building will take place on Friday, September 10. A special reception
will be held on Sunday, September 26.
"We love to read and have a
very knowledgeable staff," owner Rona Brinlee said. "We handpick our
inventory and usually can get a book within a few days of a customer’s
request."
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The Pacific Northwest Booksellers Association has launched NW Book Lovers,
a blog for the general public featuring PNBA member stores, libraries,
Northwest books and authors and everything literary in the Northwest,
aiming for "a behind-the-scenes indie store kind of vibe," as PNBA put
it.
The site, which the association hopes stores will promote to
customers, features daily headlines, a store directory, a place to
comment on what participants are reading, news about stores and local
authors and links to store blogs and websites.
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Author Susan Gregg Gilmore is chronicling her book tour to promote The Improper Life of Bezellia Grove with a special series of posts called The Southern Byways Bookstore Project.
"Without a doubt, one of the great and unexpected joys of being published two years ago was meeting YOU--all the readers, booksellers, and bloggers--who enjoyed Looking for Salvation at the Dairy Queen," wrote Gilmore, adding, "After that experience, I couldn’t help but want to give a little something back to the independent booksellers down South. So, while I’m traipsing across the Southeast and farther afield for my book tour, I’m gonna be starting a special series of blog posts profiling bookstores in Dixie. Some I’ll be visiting in person. Others I’ve only gotten a taste of through photos, fans and alike."
Gilmore has already written about That Bookstore in Blytheville, Blytheville, Ark., and Maple Street Book Shop, New Orleans, La.
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Random Acts of Reading turned its spotlight on the Elliott Bay Book Company, Seattle, Wash.: "I was skeptical when I first heard that Elliott Bay had decided to move.... I was absolutely floored the first time I walked into the new location. Though they were unloading boxes of books, you could feel how fantastic this new store was. Somehow they had managed to bring Elliott Bay’s smell of cedar and sense of space to a completely new space that’s better laid out, lighter and airier. It’s truly unbelievable how the new store captures the essence of the old."
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Business Insider explored the question: "[H]ow well does completely open work on the Web?" Submitted for evidence were Wikipedia and Amazon, which "are not the open Web. They represent some form of centralization and some limits. That centralization and those limits must be adding value at least for now." Of Amazon, BI observed: "Small merchants could set up their own websites rather easily these days and sell directly. So what is it that Amazon adds?" Several benefits for Wikipedia and Amazon were identified:
- Reputation
- Convenience
- Discovery
- Uniformity
- Granularity
- Convergence
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Will "Who's the author?" replace "What's your sign?" as an irresistible opening line? Alikewise.com hopes so. The social networking site is "looking to connect people free of charge based on their favorite reads.... Alikewise users can search and be searched by the books and book opinions they put up next to their profile pictures.... Other users can leave comments about your books, and the site sends notifications when somebody adds the same title or books in the same general interest area," the Associated Press reported.
"There are plenty of niche dating sites, but they struck me as a bit too niche," said co-founder Matt Sherman. "They seem to orient themselves over one particular interest or type of person--athletics, religion. Our attitude is that books can be about anything. They're a means to an end to get the conversation going."
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On August 21, children's bookstore Petunia's Place, Fresno, Calif., will celebrate its grand reopening at a new venue on North Palm Avenue.
"We love the new location," co-owner Jean Fennacy told Bookselling This Week, noting that it is "a much more wide-open area, about the same square footage, but a different shape." Fennacy and Debbie Manning have owned the shop for more than 20 years, but BTW said "their connection to it goes back even further. 'Beverly Woods, who started the store, was my third-grade teacher,' Fennacy said. And, she said, Jean Pereira, the store's other co-founder, still works at Petunia's Place one day a week, doing some of the buying and serving as the 'store grandmother.' "
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Being the only bookstore in town "has its ups and downs," according to Lisa Butts, owner of Noble Scholar Books, Bristol, Conn. The Bristol Press reported that "in its new location at the Stop & Shop Plaza on Farmington Avenue, Noble Scholar moves into its second year as Bristol's only store devoted exclusively to books.... Since its move from ShopRite Plaza, Noble Scholar's visibility is an issue."
"We have people walk in and say, 'Oh, I didn't know there was a bookstore in Bristol,' " said bookseller Liz Borajkiewicz, who added that the bookshop is persistent. "We have something unique that you can't get in any other store. It is a little more intimate.”
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When President Obama met with small business owners at the Grand Central Bakery in Seattle's Pioneer Square district on Tuesday, John Siscoe, owner of the Globe Bookstore--located nearby--found himself on the outside looking in.
"They rousted us all out," he told Patricia Sorenson of Dover Publications, who shared John's account of the brief presidential adventure with Shelf Awareness. "Even though the meeting was for small business people, we were, I guess, just too small to be invited. The Secret Service people were very thorough, and the basement and ground floor of the building were kept empty (save for the invitees) until 1 p.m. However, it worked out all right for me. I was standing on the corner of Second and Jackson (because there was a spot of shade) when the whole entourage left the Grand Central on Main, roared around the corner onto Second, and headed straight for me. Having spent my childhood in DC, I knew to look for the car with the President's flag. And there it was, on the second black SUV. I stepped to the curb, looked at the back window, and waved. And the President, smiling, waved back. Made my day!"
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In the Huffington Post, Nancy Ruhling shared her recent search for Harry Fiegelson, an 83-year-old street bookseller in Astoria, Queens, N.Y. Since last spring, he hadn't appeared "on his usual corner at 31st and Ditmars to sell us his used books and to show us that everything was right with the world." Ruhling was able to confirm that Harry had been ill, and had moved to Florida when he recovered enough to travel. "Harry sold more than books: His kind words gave us hope," she wrote. "Harry used his used books to brighten our days."
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The iPad has spawned innovation in many segments of the book industry, including an iPad version of Danny the Dragon Meets Jimmy, published by iStoryTime, which includes sign language for deaf children. The New York Times reported that the "signed version is actually a QuickTime movie, which can be paused by the user. The woman signing stands against a black background, her movements flowing flawlessly as the book is read aloud by an off-camera narrator."
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CVS will be selling a "$100 Sylvania netbook and $179 e-reader this fall, Tylenol not included," Engadget reported. CVS marketing materials obtained by Engadget advertise a 7-inch LookBook e-reader that features "512MB of storage space, a full keyboard and will have access to Kobo's e-book store. Seems like some good old cheap tech to us, but we're willing to bet that more than a few CVS shoppers will be tempted to throw one of these into the basket along with the deodorant and shampoo."
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Forbes showcased the 10 highest paid authors, whose combined earnings--led by James Patterson's $70 million--were $270 million from June 2009 to June 2010.
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Are you a sipper or a gulper when you read, asked Jo Walton on Tor.com: "I don’t think of reading as something I have to stop to do. I read in the interstices of my day. I feel I have to clear time to write--I need free time that’s also psychologically free time I write, if I have to go to the bank later that hangs over me and gets in the way. But I don’t feel like that about reading at all. I read all the time I’m not actively doing anything else--and even sometimes when I am."
Walton wondered "how odd am I? How many people are like me, reading as they go about their day, and how many like my friend, needing clear chunks of free time to get into a book? Does it matter if it’s a new book or a re-read? Do some books require more sustained attention than others?"
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World Cup fans take note. The
vuvuzela, which--depending upon your point of view--was either the defining sound or the noisy scourge of this year's soccerfest in South Africa, attracted enough international attention to land a spot in the new edition of the
Oxford Dictionary of English, the
Guardian reported.
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Harlequin is offering a variety of series romance stories as free downloads at
www.TryHarlequin.com.
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Book trailer of the day:
Creative, Inc.: The Ultimate Guide to Running a Successful Freelance Business by Meg Mateo Ilasco and Joy Deangdeelert Cho (Chronicle).
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Obituary note: Edwin Morgan, Scotland's national poet, has died, the
Guardian reported. He was 90.