Blog

22 Jan

November Bookstore Sales Hold Up Well

Bookstore sales in November remained resilient in the face of difficult economic conditions, registering a 5.9 percent increase over the previous November. Preliminary sales of $1,282 million for November 2001 compared favorably with the $1,211 million performance of November 2000.

November bookstore sales outperformed overall retail for the same period. Preliminary overall November retail sales of $299 billion were 4.9 percent better than the $285 billion in sales recorded the previous November.

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22 Jan

2002 Caldecott and Newbery Medal Winners Announced

David Wiesner, author and illustrator of The Three Pigs (Kids' Book Sense 76 Pick, Spring '01), has been named the winner of the 2002 Randolph Caldecott Medal, and Linda Sue Park has won the 2002 John Newbery Medal for her novel A Single Shard. The awards, honoring outstanding writing and illustration in children's books published in the U.S.

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18 Jan

AMS Set to Acquire PGW

Advanced Marketing Services, Inc. (AMS) announced on, January 17, that it had entered into an agreement to acquire Publishers Group West (PGW) for a reported price of about $38 million. Under the terms of the deal, PGW founder Charlie Winton will continue to serve as company president for the next year to implement the transition. AMS -- which has built its business on supplying warehouse price clubs and other large retailers -- had revenues last year of about $700 million, as reported by the New York Times. PGW had sales of over $125 million in 2001.

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17 Jan

Mr. Postman, Look and See Is There a Bookstore in Your Ad for Me?

Two major purveyors of the printed word came together recently when the United States Postal Service recruited a bookstore for one of the locations featured in its holiday advertising campaign.

The television commercial was shot at Reading on Walden in Chicago all day December 10, said bookstore owner John Presta. He told BTW, "It went very well. [The ad] is showing all the time now. It's called 'Holiday.'"

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About ABA

The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.

Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.

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