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Ukazoo Books to Quadruple Number of Stores
It’s not only Books-A-Million that is benefiting from Borders closings. Online third-party bookseller Ukazoo Books will add a former Borders Express in Southgate, Mich., and one in Philly this week.
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Borders: Bonus for Some, Class Action for Others
When the Key Employee Incentive Plan, or KEIP, was approved in April, it was intended to encourage Borders’s senior management to stay on and either reorganize Borders or sell it as a going concern. Now the company is back in court requesting a bonus package for management, which totals $1.75 million.
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Rapid City Loses Borders, Gains New Indie
In Rapid City, Mitzi’s Main Street Books’s new owner hopes that his new independent bookstore will not only draw people downtown, but will also fill the void left by the Borders store slated for closure this month.
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Village Books Adds Pop-up Store
Village Books in Bellingham, Wash., is the latest retailer to experiment with a pop-up store. Next month the 31-year-old bookstore will open a 3,000 sq. ft. holiday store at the Bellis Fair Mall in Bellingham, which had a Waldenbooks store that closed in January 2010.
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After Borders: New Tenants In Former Borders Stores
Although Books-A-Million garnered attention for its acquisition of 14 Borders locations last week, many former Borders stores are about to have other new tenants.
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Free E-Book Rockets Up Amazon Charts
A Voice in the Box: My Life in Radio by NPR's legendary broadcaster Bob Edwards went all the way up to #79 from #100,000 on Amazon's Kindle Free Bestseller list yesterday. University Press of Kentucky has put up the book for free for Amazon's Kindle, the Barnes & Noble Nook and the Google ebookstore. The book will be free until September 9. More information here.
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Irene: Tallying the Costs
In addition to catastrophic losses like Bartleby’s Books, which was destroyed along with much of the town of Wilmington, Vt., Vermont booksellers could lose most of the fall leaf-peeping season.
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Bookstores Gear Up for Banned Books Reading
Booksellers around the country are responding to the Internet read-out that is the focus of this year’s Banned Books Week, Sept. 24-Oct. 1. Bookstores are planning events during which they will create videos of customers reading from their favorite banned books.
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Booksellers Compile Lists of Their Favorite Books
A St. Paul bookseller has asked booksellers for lists of their top 50 reads or handsells of all time. The lists will be made available to all participating booksellers, as well as posted on social media websites.
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Borders Auction Cancelled
Two days after Books-A-Million closed on 14 Borders locations in advance of today’s auction for small-format and airport stores, the auction was cancelled. According to court filings, Borders received two qualified bids for the its Snellville, Ga., location (store #208), and will hold a telephonic auction for that lease. One qualified bid was received for each of seven other first round leases.
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Diesel Books to Reopen in New Malibu Location
Diesel Books, which was forced to close its Malibu store in February after a seven-year run because of a dispute with its former landlord, received an executed lease yesterday from the owner of the Malibu Country Mart and will begin setting up shop in the new space in three weeks.
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Books of Wonder to (Temporarily) Change Name
On September 13 the New York City children's bookstore, Books of Wonder, is changing its name to Books of Wonderstruck in celebration of Brian Selznick's new book, Wonderstruck, published by Scholastic Press.
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With Digital Up 140% at B&N, Sales Rise, Loss Falls
Driven by a 140% increase in digital content and Nook sales, Barnes & Noble reported a 2% increase in total revenue for the first quarter ended July 30, to $1.42 billion. Its loss fell to $56.6 million from $62.5 million. B&N said it expects all Nook and digital sales for the full fiscal year to jump to $1.8 billion from $880 million last year.
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Wiley HQ Opened
After being closed Monday in the wake of Hurricane Irene, John Wiley's worldwide headquarters in Hoboken, N.J. re-opened Tuesday.
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Books-A-Million Gets Borders Leases; Names Finley Prez
Monday was a big day for Books-A-Million. The retailer won court approval to take over the leases of 14 Borders locations and also named Terry Finley president, succeeding Clyde Anderson who will remain chairman and CEO.
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Irene and Bookstores
While most booksellers escaped with no or very little water, Bartleby’s Books in Wilmington, Vt., was completely destroyed by flooding. This is the second time within the past four months that owner Lisa Sullivan has lost a store. In April, her Brattleboro, Vt. bookstore, The Book Cellar, was closed due to a fire. No word yet on when either store will reopen.
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Books-A-Million At the Crossroads
At no time in its history has the opportunity and danger been greater for Books-A-Million.
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David Slavitt Joins the 100 Club at 76
Poet, novelist, and translator David R. Slavitt is the latest writer to join the 100 club: writers who have published, or contracted for, 100 books. Although the 76 year-old Cantabrigian, who published his first book, the poetry collection Suits for the Dead, fifty years ago, will only be at #96 by year's end, he has another four books coming out over the next two years.
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Tracking 20 Years of Bookstore Chains
The bookstore chain landscape has undergone seismic shifts over the past 20 years and will enter the fall with approximately 1,100 fewer stores than dotted the country in 1991. Just as it is today, Barnes & Noble was the country's largest bookstore chain 20 years ago, closely trailed by Waldenbooks. Unlike today, though, there were a number of regional chains that tried to compete with the powerhouses.
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Children's Store to Open in Katonah, N.Y.
Borders's loss is proving to be indies' gain. With the closing of a Borders in Mt. Kisco, Jennifer Cook, owner of NoKa Joe's in Katonah, N.Y., has decided to take the plunge and turn the second floor into a children's specialty bookstore.
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