Waterstone’s Rises In Europe it’s the season of brief trading updates. From the UK, Waterstone’s parent HMV reported that sales for the past 16 weeks (through to late April) rose an encouraging 6.6 percent on a same-store sales basis. Overall sales rose 3.3 percent. (Breakout figures were not provided.) Waterstone’s managing director Gerry Johnson tells the Bookseller, “We have definitely stopped the decline and we are now growing,” citing a “very strong performance” from books in particular. He added, “I think the whole base of our strategic programme is coming through and we are seeing very good results. We are […]
