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Sales Fall at Waterstone's

January 15, 2009
By Michael Cader

Sales for the five-week holiday period fell 2 percent on a same-store basis and 0.9 percent overall–but extend the period to 10 weeks, and the comps were down 4 percent as overall sales fell 3.2 percent. (The company did not report actual revenue numbers.) Waterstone’s does disclose to the Bookseller that they sold almost 30,000 Sony Readers in the UK since the device went on sale there in September.Release Also in the UK, Bloomsbury issued a nonspecific trading update that says activity “was in line with management’s expectations” and they expect to have cash at the end of the fiscal […]

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Filed Under: Booksellers, Bookstores, Industry Statistics

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