Oct. Sales Fall
Bookstore sales fell 2.5% in October to an even $1 billion, according to the U.S. Census Bureau. For the first 10 months of 2010, bookstore sales were also down 2.5%, to $13.32 billion. For retail in general, October sales rose 5.7%, and year-to-date sales were ahead 6.2%.
Scholastic Sales Down
Results for the period ended Nov. 30 were below expectations at Scholastic. Sales were down the first six months of fiscal 2011, dropping to $966.6M from $975.7M.