Bookstore Sales Fell 24.6% in July - Publishers Weekly

Today Panzer decided to make a trip to the Publishers Weekly site. With a little digging in the posts, he found one about how book sales did in July.

 

According to the post by Jim Milliot, bookstore book sales were understandably down. July bookstore sales were down 24.6 percent compared to last year. This was, however, actually an increase over June's sales which were down 35 percent compared to last year. August book sales figures aren't out yet.

 

Maybe things will get better now.

Panzer says, "Some bookstores are open for fewer customers inside at a time, some are letting customers order by phone and online with store curbside pickup and some are selling online now too."

 

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

 

To read the post tootle over to bookstore sales

Scholastic's Earnings Take Big Hit in Fiscal 2019 - Publishers Weekly

Maybe some Cat Wisdom?

Panzer was cleaning out the exhaust of the Panzermobile when he found something wedged in one of the rocket exhaust pipes. Pulling it out our brave kitty discovered it was a post from the Publishers Weekly site about Scholastic.
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According to Jim Milliot, Scholastic's 2019 earnings income was down 55 percent. The company says earnings were affected by increased printing, paper and labor costs. Also affecting income was the fact that Scholastic's book club and book fair income were also down.

Panzer says, "Umm ... Sounds like they need another big seller like the Harry Potter books were."

Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.

To read the post tootle over to Scholastic