Bookstore sales continued their strong rebound from the lows of spring 2020. According to preliminary estimates released by the U.S. Census Bureau, bookstore sales soared 130% in May over May 2020, rising to $632 million.
Last April and May saw the weakest bookstore sales performances of 2020, with sales in May 2020 totaling just $275 million. Compared to May 2019, May sales this year were down 9.2%.
https://www.publishersweekly.com/pw/by-topic/industry-news/bookselling/article/86901-may-bookstore-sales-jumped-130.html
Related Posts
Tiny Prints, the leader in premium personalized stationery, is proud to share a new home with Shutterfly, its sister brand since 2011. At www.shutterfly.com/tinyprints, customers can enjoy the luxe stationery designs they have come to count on from Tiny Prints, plus seamless access to Shutterfly's free unlimited photo storage and their wide range of photo books, personalized gifts, home décor collections, all with the convenience of a single login.
With a renewed emphasis on exceptional designs, today also marks the debut of Tiny Prints Limited Edition Collection, a curated selection of designs by celebrated artists, available for a limited time only. The debut collection features beautiful personal stationery from Tobias Tovera, Stina Persson and Justina Blakeney. • Tobias Tovera is an American visual artist recognized for his work in painting and the sensory surrounds of his multi-media installations. A San Francisco Bay Area local, his paintings explore color and movement, making it the perfect backdrop for luxe foil lettering.
• Stina Persson is a Swedish artist, who strives to balance the bold with the delicate, creating a dynamic aesthetic that translates beautifully on paper. She has spent much of her adult life abroad and draws her inspiration from people and faces around her. • Justina Blakeney is a designer, artist and author of the New York Times best-selling book The New Bohemians. Her signature designs are seeded with botanicals and bright colors and add a fun, wild and boho vibe to everyday stationery. Click Read More below for additional detail.
In the continuing escalation in his attack on Amazon, President Donald Trump issued an executive order yesterday for the establishment of a federal task force, led by Treasury Secretary Steven Mnuchin or his designee, to investigate the finances of the U.S. Postal Service (USPS), which has lost more than $65 billion during the past 11 consecutive fiscal years. The special commission is expected to submit a report on its findings and recommendations within 120 days. Some pundits argue that President Trump's tweets against the online retail juggernaut are politically driven, given that Amazon CEO Jeff Bezos also owns the Washington Post, which has been highly critical of Trump and his policies. Trump's ongoing public statements and tweets against Amazon, and how the online retailer is destroying the traditional brick-and-mortar retail industry, have negatively impacted Amazon's stock price. The main drag on USPS finances, in reality, has been the mandate that it pre-fund its retiree health care obligations to the tune of more than $38 billion. For the first time, last year the Postal Service missed payments it owes to the federal retirement system, for a combined total of $6.9 billion. Click Read More below for additional information.
The Postal Service filed with the Postal Regulatory Commission (PRC) certain classification changes designed to enhance and expand the First-Class Package Service (FCPS) product. This will simplify three of the USPS ground shipping options into one. USPS Retail Ground and Parcel Select Ground will be incorporated into one enhanced FCPS product. “We are improving service and simplifying product offerings for our customers,” said Postmaster General Louis DeJoy. “By upgrading the customer experience and optimizing our package processing and surface transportation networks, we are becoming the best option in the industry.” The changes are in keeping with the Delivering for America 10-year plan to achieve financial stability and service excellence, defined as meeting or exceeding 95 percent on-time delivery across all product categories.