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Retail Sales at Bookstores Down in July
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Retail sales at U.S. bookstores were down by 5 percent in July 2019 compared to July 2018, according to preliminary figures recently released by the Bureau of the Census. Estimates reflect sales of all types of participating bookstores, including trade, college, religious, chain stores (including superstores), and others.
As of September 18, the year-to-date sales among ABA member stores, as reported to the weekly Indie Bestseller Lists, are down 0.65 percent over 2018. Compound annual growth among ABA member stores is 7.5 percent over the past five years.
The Census Bureau reported that July 2019 bookstore sales are estimated at $646 million, compared to sales of $680 million for the same period the previous year. Total retail and food service sales in July 2019 are estimated at $533 billion, compared to $508 billion in July 2018, an increase of 4.9 percent.
Period |
2018 Final |
2019 |
% Change |
January |
1,269 |
1,136 |
-10.4 |
February |
689 |
644 |
-6.5 |
March |
715 |
664 |
-7.1 |
April |
689 |
713 |
3.5 |
May |
768 |
763 |
-0.7 |
June |
707 |
672 |
-5.0 |
July |
680 |
646 (p) |
-5.0 |
YTD |
5,517 |
5,238 (p) |
-5.1 |
(p) Preliminary figure
Monthly retail sales were revised on June 25, 2019, based on the results of the 2017 Annual Retail Trade Survey.
Note: Estimates reflect sales of all types of participating bookstores, including trade, college, religious, chain stores (including superstores), and others. A bookstore is defined as any retail establishment with sales comprised of more than 50 percent new books and periodicals, and estimates include sales of all products in these stores.