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
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There is a worrying trend from organisations who increasingly want to move their customer communications online, particularly bills and statements. Typically, this decision is made for cost reasons, but misleading claims about the environment are being used all too often instead. This is commonly referred to as Greenwashing. A study, conducted by the not-for-profit organisation Two Sides and independent research company Toluna, aims to understand changing consumer perceptions towards print and paper. The study found that consumers overwhelmingly want the right to choose how they receive their communications (digitally or printed) from organisations. 76% of UK consumers (74% EU) want this choice. Defaulting people online without a choice to save cost, will impact those most vulnerable and at risk in our communities. In the UK, 6.3% of all adults have never used the internet (Office of National Statistics, 2020). Often, it is the most vulnerable members of society that depend on traditional, postal, transactional mail. The move to an online only society risks leaving older people, the disabled, rural dwellers and those on low incomes disconnected.
Meredith Corporation is pleased to announce that Martha Stewart Living has been named to Ad Age's Magazines of the Year list. Led by Editor-in-Chief Elizabeth Graves and VP/Group Publisher Daren Mazzucca, Martha Stewart Living has had a phenomenal year with both readers and advertisers. The brand debuted a magazine redesign with the October issue, revealing exclusive typography, fresh and enlarged imagery, and a number of new cross-platform franchises. The look is now modern and forward-thinking, yet still timeless, classic and always aiming to create trends rather than follow them. It's the Martha Stewart Living that millions of people love, but now even more. "It's truly an honor to be part of Ad Age's 'Magazines of the Year' list," says Graves. "It's exciting to build upon Martha's trusted expertise, take the brand to new heights, and have that recognized in the industry." Adds Mazzucca, "We have an incredible team, and I think we are only getting started." Click Read More below for additional information.
Fiscal 2022 Third Quarter Key Financial Highlights *Revenues in the quarter were $2.49 billion, a record for third quarter revenue and a 7% increase compared to $2.34 billion in the prior year *Net income in the quarter was $104 million, an 8% increase compared to $96 million in the prior year *Total Segment EBITDA in the quarter was $358 million, a 20% increase compared to $298 million in the prior year, and includes $15 million of one-time transaction costs