Notes: Bookstore Sales Drop; Horse Boy; More Layoffs at PW
During February, bookstore sales fell 10.8% to $1.021 billion compared to the same period in 2008--down for the first month this year--according to preliminary estimates from the Census Bureau. For the year to date, bookstore sales dropped 3.2% to $3.318 billion.
By comparison, total retail sales in February dropped 12.8% to $273.006 billion compared to the same period a year ago. For the year to date, total retail sales were down 11.2% to $555.083 billion.
Note: under Census Bureau definitions, bookstore sales are of new books and do not include "electronic home shopping, mail-order, or direct sale" or used book sales.
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Cool idea of the day: Powell's Books countered the recent, headline-making #amazonfail furor on Twitter with its own #powellswin deal
on the bookstore's website: "At Powell's, all books are created equal.
We hold this truth to be self-evident. Whether any given title is
deserving of a wide readership, we leave that decision to you, our
customers. In the spirit of such freedoms that perhaps we too often
take for granted, today we're offering friends a special, winning deal.
Just enter the code '#powellswin' by 11:59 pm (Pacific) on Thursday,
April 16, 2009, and you'll save 20% on your order of $20 or more."
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Little, Brown believes that The Horse Boy has legs. Published yesterday, the book by Rupert Isaacson about taking his autistic son to Mongolia to ride horses and visit shamans "just so touched so many points of interest--helping to heal an autistic child, traveling under difficult circumstances," publisher Michael Pietsch told the New York Times. "Most of all, I felt this was a story entirely driven by the chances you'll take for love, and I felt, who's not going to want to read this story when they hear the outlines of it?"
The first printing is 150,000. A documentary film about the experiences will be released in September.
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Yesterday Publishers Weekly laid off three more editors as part of a cutback of another 7% of Reed Business Information's staff. The three were managing editor Robin Lenz, who can be reached at 973-313-9123 or rilnj@yahoo.com; Craig Teicher, poetry review editor, tech writer and web man; and Dermot McEvoy, senior editor and a longtime contributor to the magazine.
Less than three months ago (Shelf Awareness, January 26, 2009), as part of another company-wide round of layoffs, Reed let go four PW editors and three other PW staffers. Yesterday RBI CEO Tad Smith he hoped this was the latest round of cutbacks, but wrote, "unfortunately, such a promise is impossible to make in light of the current economic uncertainty. As a consequence, we continue to look at our staffing needs and may need to make additional reductions to fit the business conditions." The company's hiring and wage freeze remains in effect, and Reed is considering requiring staff to take unpaid days off, as many as 5-10 in 2009.
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The owners of Flintridge Bookstore & Coffeehouse, La Cañada, Calif., which was severely damaged two weeks ago when a car transporter smashed into it (Shelf Awareness, April 2, 2009), plan on staying in the same location and are considering operating for a time from a trailer in the parking lot, according to La Cañada Flintridge Outlook.
Peter Wannier, who owns the store with his wife, Lenora, told the paper: "We intend to operate as far as we can. I cannot even begin to express how much support we've received from our customers. It just energizes you as a shop owner. We've gotten letters, e-mails, others have offered some legal advice, and free storage. All kinds of help all the way around. It's just very, very gratifying."
Check out the story in La Cañada Flintridge Outlook if only to see (near the bottom) a most amazing picture: a car transporter, with cars aboard, "parked" in the middle of a bookstore.