Managing director of UK wholesaler Bertram’s Michael Neil assures the Bookseller that “conversations have concluded and we are now trading normally” with publishers following the cancellation of some credit insurance policies for their parent company Woolworth’s. But since the company never acknowledged a problem in the first place (“From our perspective and from our customers’ there hasn’t been any disruption to our service. Our warehouse is full of books and sales have been better than ever”) that’s only worth a certain amount. The financial condition of Woolworth’s a whole remains perilous. Separately, the FT reports today (and Woolworth’s confirms) that […]
