Two UK bookstore chains reported encouraging holiday sales. Waterstones says print book sales were up 5 percent in December, and Foyles said same-store book sales were up 11 percent for the holiday. With 290 stores, Waterstones now expects to open a dozen or more new stores during 2015. Both booksellers also reported weak sales for ereading devices — which should hardly be a surprise, as most consumers have moved on tablets and ereading loyalists are most likely to buy directly from their platform of choice rather than stumbling on devices through a third party. Waterstones said Kindle device sales “disappeared to […]
