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Bookselling: Employees Buy Women & Children First, Hastings Sale Finalized

Chicago's Women & Children First Bookstore has been sold to two employees, Lynn Mooney and Sarah Hollenbeck, the Windy City Times reported. Their winning bid was one of "eight formal offers" made to owners and founders Linda Bubon and Ann Christophersen. Separately, as expected, the sale of Hastings to a…

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Bookselling: Diesel Malibu to Close, Munro's Handed to Employees

Diesel will close its Malibu bookstore sometime this summer, and has marked down inventory. Owner John Evans indicated┬áto the Malibu Times earlier this month, "Their lease runs through January 2015 but Evans said part of the reason they're closing early is because they won't be able to afford six more…

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People: Nadine Gordimer Dies

Nobel laureate Nadine Gordimer, 90, died at home in Johannesburg. Gordimer won the Booker in 1974 and the Commonwealth Writers' Prize in 2002, along with the Nobel Prize for Literature in 1991. Jamil Ahmad, 83, author of THE WANDERING FALCON, died at his home in Islamabad after a long illness.…

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More Amazon: The FAA (Drones) and the FTC (Lawsuit)

The week finishes with still more Amazon news. The company is sincere about wanting to use drones to make deliveries. After the FAA made it clear in late June that they are still prohibiting commercial uses of drones, Amazon formally applied for an exemption from that regulation. News of that…

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Penguin Random House to Sponsor Next California Bookstore Day

After a successful launch, California Bookstore Day will return next year on May 2, 2015, with the help of a $15,000 sponsorship from Penguin Random House. The event is organized by the┬áNorthern California Independent Booksellers Association, and the inaugural event had support from author James Patterson. Penguin Random House president…

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World Book Night US Will Shut Down

World Book Night US will suspend operations after three years. The organization said in a statement that the expenses of running the effort "are too high to sustain without additional outside funding," especially considering the "significant financial and time commitment from publishers, writers, booksellers, librarians, printers, distributors, and shippers." WBN…

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Bookselling: Schuler Books Buys Nicola's; New Owners for Orinda Books

Schuler Books, which owns and operates three stores in Michigan, will acquire Nicola's Books in Ann Arbor, which has been for sale since the beginning of the year. Shelf Awareness reports that under the agreement, the store, which Nicola Rooney acquired in 1995 after four years operating as a Little…

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More BN Facts, Including the First eBook Settlement Effect

Barnes & Noble filed their annual report with the SEC last Friday, which is full of modest facts of note, highlighted below. Separately, the company also executed a new multi-year contract with BN College ceo Max Roberts, providing a base salary of $850,000, plus a target annual bonus of no…

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People

New York's Book Culture bookstores have reportedly fired 5 of their 30 employees following a vote to unionize earlier this week, the Gothamist reports. The story quotes emails from owner Chris Doeblin they obtained: "It was indicated to me . . . that two people in our mangament [sic] group…

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Barnes & Noble To Spin Off Nook As Public Company; Reports Weak Finish to Fiscal 2014

Barnes & Noble announced before the opening of the stock market Wednesday that it intends to split off its Nook Media division from the retail side, creating two separate, publicly traded companies. Shares rose over 10 percent in early morning trading on the news, up to roughly $22.5 a share.…

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