Borders has nominated the five new directors who will stand for election in September to take over from the currently-serving directors who are scheduled to step down: Paul Brown, a unit present at Hilton; Ronald Floto, president, FLT International; Michael Grossman, ceo, Tempo Payments; Dan Rose, a vp at Facebook; and Timothy Wolf, chief integration officer at MillerCoors.
Release
Higher-Ed online bookstore Akademos has secured $2.5 million funding from Kohlberg Ventures, which they will use “to meet rapidly growing demand for its online bookstore and marketplace services.” Additionally eHarmony chief marketing officer Scott Eagle and Kohlberg partner Bill Youstra have joined Akademos’s board.
Release
In Martha’s Vineyard, at the suggestion of a Random House rep, Dawn Braasch’s Bunch of Grapes and Susan Mercier’s Edgartown Books teamed up to create a big enough crowd to entice Richard Russo to visit the island, appearing Friday at the Katharine Cornell Theatre.
They also work together to serve their customers. Braasch notes, “It’s great to be able to say to a customer, if we don’t have [a book], ‘Let me call Edgartown Books.’ My goal is if we don’t have it, they will or vice versa. We can’t all carry everybody’s book, and sometimes you make a judgment call for your store, is it going to sell or not. I think we have different clientele, certainly, in the way that Edgartown is different from Vineyard Haven.”
MV Gazette
In other store reports, Boswell and Books looks at the big fiction releases starting to hit the market and notes that so far No. 1 title Thomas Pynchon’s Inherent Vice outsold Russo’s That Old Cape Magic at No. 2 by two to one.
The movie Julie & Julia is boosting sales in Julia Child’s Mastering the Art of French Cooking, with the AP reporting Knopf is reprinting 75,000 copies after topping bestseller lists online. The LAT notes that Vroman’s in Pasadena (Julie Child’s hometown) sold out as well.
AP