Rachel Fershleiser will join Houghton Mifflin Harcourt in the newly created role of executive director, audience development and engagement on June 20, reporting to Adriana Rizzo. Most recently she was director, publishing outreach at Tumblr. Jonathan Nowell has joined Trillium Partners firm as a senior adviser, working “to originate and execute M&A and fund raising mandates in the publishing sector.” Nowell was ceo and president at Nielsen Book. He says in the announcement, “Having observed and participated actively in the evolution of the publishing industry for over three decades, I can see significant further scope for M&A activity and the potential […]
Archives for June 2016
Bookselling: Sales Rise At Indigo In Fourth Quarter, and More
Canada’s dominant bookstore chain Indigo reported results for their fiscal fourth quarter, ending April 2. Sales for the extended 14-week quarter were $220 million (CA), up $34 million from a year ago. On a 13-week, comparable store basis, superstore sales grow 14.7 percent, while small-format stores were up 15.8 percent. Online sales rose 9.8 percent. The net loss for the quarter was $13.4 million, compared to $13.9 million a year ago. General merchandise (including their American Girls boutiques) showed “double-digit growth” during the fiscal year, with books growing by “high single-digits,” particularly “boosted by the trend for adult coloring books.” Sales for the full 53-week fiscal […]
June Bookseller Picks
Amazon makes Noah Hawley’s anticipated Before the Fall as their June spotlight pick (it was previewed in our Spring/Summer Buzz Books ebook), and Emma Cline’s well-praised The Girls is their featured debut. Filling out their list are: Barkskins, Annie Proulx Grunt, Mary Roach I’m Thinking of Ending Things, Iain Reid Security, Gina Wohlsdorf End of Watch, Stephen King Sons and Daughters of Ease and Plenty, Ramona Ausubel Never a Dull Moment, David Hepworth Sex Object, Jessica Valenti This Is Your Brain on Parasites, Kathleen McAuliffe Barnes & Noble‘s “best fiction of June” list concurs on Cline’s debut and Proulx’s masterful epic, plus they also recommend: Here’s to Us, by […]