![]() ![]() “Discovery is so, so important,” Daniel Simon, founder of Seven Stories Press, an independent publisher, told the Times. Their well-stocked larger stores with comfy chairs are seen as critical to driving discovery that many believe isn’t possible with online book buying. Also boosting readership is a TikTok phenomenon wherein users are posting about books using the hashtag #BookTok and Millennials becoming nostalgic about the big-box bookstores where they discovered Harry Potter and other books.Īccording to the Times, book publishers and most independent booksellers in a turnabout are rooting for Barnes & Noble’s viability as now makes up more than half the physical book sales in the U.S.ī&N is seen helping publishers stay committed to supporting physical stores. B&N’s city stores are still underperforming due to the continuing scarcity of office workers and tourists.ī&N may still be benefiting from customers who discovered or rediscovered reading while cocooning during the pandemic. Other priorities include further narrowing the mix to books, educational games, puzzles and workbooks store refurbishments that include an emphasis on smaller tables and wider aisles expanding online (only 10 percent of sales) and reducing out-of-stocks. Daunt told Publishers Weekly last year his goal is to provide managers with tools and then “get out of the way.”Ĭo-op title placement practices have also been ended because unpopular titles were receiving prominent placement and driving excessive return rates. The focus better aligns assortments with local tastes. Although the chain’s stores carry similar titles, in a shift away from centralized buying, individual managers determine where the books are placed and order quantities. ![]()
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January 2023
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