Booksource to Pull Back from Retail St. Louis wholesaler Booksource will stop servicing retailers by the end of the year — an $11 million business — and will focus on supplying books to schools. (The company also owns Peaceable Kingdom Press.) Barnes & Noble has been the company’s largest retail customer, but president Neil Jaffe says, “Buying Random House’s books and selling them to Barnes & Noble isn’t very profitable.” The St. Louis Post Dispatch indicates, “Booksource has reduced its staff by about a dozen and has plans for further cutbacks before the end of the year. As part of […]
