Hastings reported third quarter sales of $94.7 million, down 6.6 percent, with 10 fewer superstores than the same period a year ago. Book sales declined 11.7 percent in the quarter, which the company blamed on “a weaker release schedule for new books and a decrease in trade paperback sales,” particularly given the effect of Fifty Shades a year ago as well as (when sales were only 1.4 percent in the same quarter). Books are down 11.8 percent for the year so far as well. At Courier Corporation, fourth-quarter sales rose 9 percent to $84 million and net income rose as […]
