Bookstore sales continued their strong rebound in 2021 over 2020 in November. Preliminary estimates from the U.S. Census Bureau indicate bookstore sales were $709 million, up 43% over the $496 million in sales from November 2020.
This increase followed a 53% sales jump for year-to-year October sales.
more at source: https://www.publishersweekly.com/pw/by-topic/industry-news/bookselling/article/88309-bookstore-sales-jumped-in-november.html
Related Posts
Savvas Learning Company, a next-generation K-12 learning solutions leader, is pleased to announce that its Texas myView Literacy has been approved by the Texas State Board of Education (SBOE) for inclusion on the state’s new list of high-quality instructional materials (HQIM) for K-5 English language arts and reading and Spanish language arts and reading. Combining powerful Science of Reading-based instruction with engaging student-centered practice opportunities, Texas myView Literacy is a full-subject (core), evidence-based instructional program for grades K–5 designed to develop strong readers and writers. Savvas developed its Texas-specific myView Literacy, which is also available in Spanish as miVisión Lectura, to support educators and improve student academic outcomes while also aligning with all of the state’s educational standards, known as the Texas Essential Knowledge and Skills (TEKS) with phonics components included.
The Association of American Publishers (AAP) today released its StatShot report for January 2021 reflecting reported revenue for all tracked categories, including Trade (Consumer Books), K-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses. Total revenues across all categories for January 2021 were up 10.3% as compared to January 2020, coming in at $1.2 billion. Trade (Consumer Books) sales were up 21.3% in January, coming in at $689.5 million. In terms of physical paper format revenues during the month of January, in the Trade (Consumer Books) category, Hardback revenues were up 25.5%, coming in at $244.2 million; Paperbacks were up 17.9%, with $227.5 million in revenue; Mass Market was up 39.9% to $19.5 million; and Board Books were down 3.4%, with $17.2 million in revenue.
The Postal Regulatory Commission released its Financial Analysis, an examination of the U.S. Postal Service’s (Postal Service) financial results and 10-K Statements for Fiscal Year (FY) 2020. Despite an increase in Competitive products revenue, the Commission’s overall analysis supports the conclusion that the Postal Service is on a highly unstable financial path. Total net operating losses were $3.6 billion in FY 2020, continuing the trend of significant operational losses. When non-operating expenses are included, such as non-cash workers’ compensation costs and accruals to retirement accounts, the net operating loss of $3.6 billion becomes a total net loss of $9.2 billion. The net operating losses are predominantly due to persistent declines in Market Dominant mail volume and higher operating expenses. click read more for details