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Tuesday, December 14, 2010

Retail, Up! Book Sales, Down!

The news continues to be depressing for bookstore sales, according to a piece on today's PublishersWeekly.com:

October Bookstore Sales Drop 2.5%
Bookstore sales fell 2.5% in October to an even $1 billion, according to estimates released by the U.S. Census Bureau. The decline was less severe than the declines in August and September when bookstore sales fell by more than 6% in both months. For the first 10 months of 2010, bookstore sales were also down 2.5%, to $13.32 billion. For the retail segment in general, October sales rose 5.7% and sales in the year to date were ahead 6.2%.

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