Bookselling Archives | The Hot Sheet

Barnes & Noble has managed returns down to 7 percent

In a profile of James Daunt, it’s revealed that the chain now has returns down to 7 percent from its previous average of 30 percent.

According to Circana BookScan, 2023 print sales are down by 2 percent in the US versus last year—but running 15 percent ahead of 2019.

Kobo Plus is so far available in Australia, Belgium, Canada, France, Italy, Netherlands, New Zealand, Portugal, the UK, and the US.

Spotify users in Canada can now purchase audiobooks through the service.

After hosting a virtual US Book Show for two years, Publishers Weekly will now offer a hybrid event in May 2023.

Bookshop, launched in 2020 as a virtuous alternative to Amazon, has until now sold primarily print editions.

According to the AAP, which consists of traditional publishers in various sectors, consumer sales dropped 6.2 percent in 2022 against 2021.

For now, 2023 is performing comparable to 2022 (roughly 1 percent down), according to NPD BookScan, which tracks print book sales.

Owners of bookstores that opened during pandemic precautions can now focus on personal connections with customers and community building.

Zibby Owens, a podcaster and influencer who launched her own publishing company, has now opened up a bookstore in Santa Monica.