The ABACUS reports for this cycle will cover 2019 and 2020 financial results, providing participating stores with a user-friendly overview of the economy with regards to the impact of COVID-19, informative graphs, and interpretive information.
“ABACUS not only helps me run my business better, but it also allows ABA to illustrate to our industry partners the economic realities of indie bookstore operations,” said ABA Board President Jamie Fiocco.
By filling out the ABACUS survey, booksellers will receive a full benchmarking report, a customized bookstore performance report, and a range of online tools that provide a variety of specific analyses.
The customized reports and online tools that reporting stores receive in return for filling out the survey provide a full picture of a bookstore’s financial performance and key information for strategic planning.
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.