• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

People, Etc.

January 9, 2017
By Sarah Weinman

Tom Thompson has joined SMP as vp, creative services and advertising. Thompson most recently was svp, digital strategy/group director of Verso Advertising, where he worked for 10 years.

At William Morrow, Emily Krump has been promoted to senior editor.

Bookselling
Barnes & Noble will close their downtown Minneapolis store at Nicollet Mall in May when the lease expires. The company admitted that the two-floor, 25,000-square-foot store is too big and unsuccessfully tried to negotiate with the landlord for a 14,000 to 16,000-square foot space on one floor. It’s yet another sign that the bookseller is looking to reshape its store portfolio towards smaller spaces.

In November, vp of development David Deason had said he “expects that as many as 100 of the 638 locations could be relocated or revamped to accommodate the smaller footprint with a larger food and beverage section.” One new concept store planned for Plano, TX will be just 9,000 square feet in size, with Deason having said, “We are excited to be opening a smaller format store, as part of a number of different concept stores that we’re testing nationwide.”

Corporate
News organizations out of Singapore are reporting a deal in the works for Penguin Random House to sell the Penguin Singapore and Penguin Malaysia distribution units to Times Publishing, a subsidiary of Fraser and Neave, for approximately $5.5 million. Reportedly, the units would continue to serve as exclusive distributors for PRH in Singapore, Malaysia and Brunei.

PRH says it “has signed a conditional agreement with Times Publishing Limited, which is the first step towards a sale of Penguin Singapore and Malaysia to the company.” They add, “Completion of the transaction will be subject to certain conditions being met. There will be no further comment until the deal is successfully completed.”
Filing

Filed Under: Bookstores, Finance, Free, International News, Personnel

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • UK Publisher Peter Usborne, 85, Died "Unexpectedly but Peacefully" March 30, 2023 Bookseller
  • Dublin Literary Award Shortlist Announced March 30, 2023 Prize site
  • Leigh Bardugo Signs with WME for Film/TV Representation March 29, 2023 Variety
  • Solid State Books Workers Announce Plans to Unionize March 28, 2023 Union website
  • Following Sale, America's Test Kitchen Lays Off 23 Employees, Including All of ATK Kids Staff March 28, 2023 Union instagram post
  • Acquire and Fire: Hachette UK In Consultations to Eliminate About Half the Staff of Welbeck March 28, 2023 Bookseller
  • Jefferson, de Kretser Win Folio Prizes March 27, 2023 Prize announcement
  • Harper UK Edits Agatha Christie Novels to Remove "Offensive" Language March 27, 2023 The Guardian
  • NYU Launches Five-Day "Advanced Publishing Institute" Program for January 2024 March 25, 2023 NYU site
  • Hachette UK to Publish "Spare Us!" Parody on April 6 March 23, 2023 Publisher site
© 2023 Publishers Lunch. All Rights Reserved.