Investments Led to Higher Loss at Indigo - Publishers Weekly

Panzer was tootling around in the Catosphere when he heard crying and wailing. Following all the noise took our brave kitty to the Publishers Weekly site. There he found a post about Indigo Books and Music.

It's just a little loss.

According to Jim Milliot, Indigo Books and Music has announced their quarterly sales and revenue figures. While Indigo's same store sales for the quarter were up over last year, revenue was down. The revenue loss was due to store closures and renovation of others. Indigo expects revenue to increase going forward.

Panzer says, "Hmm ... Closing the under performing stores makes sense to this little kitty."

Note: This is a short post. Bring half a cup of tea for today's reading selection.

To read the post tootle over to Indigo

Canadian Sales Stable So Far in 2018 - Publishers Weekly (PW)

Two percent is a lot.

Panzer's trip into the Catosphere today took our traveling kitty pilot to the Publishers Weekly (PW) site. There he found a post about Canadian books sales.

According to Ed Nawolka, Canadian book sales numbers have been released for the first half of 2018. Turns out there's been very little change over the same time period in 2017. Minor changes occurred in ebooks which were down 2 percent and audio books which were up 1 percent.

Panzer says, "Hmm ... Only a minor change that ebook sales were down 2 percent?"

Note: This is a short post. You'll only need a cup of tea for today's reading selection.

To read the post tootle over to Canadian sales