Jessica Tribble has been promoted to publisher of Poisoned Pen Press. Tribble has been with the company since 2004 and replaces Robert Rosenwald, who will continue as president, while Barbara Peters will remain editor-in-chief. Melanee Winder has been named sales and marketing director of Hachette New Zealand, effective October 31. She is currently deputy group sales director at Little Brown UK. At Red Sofa Literary, Jennie Goloboy has been promoted to associate literary agent. She will represent paranormal and science fiction/fantasy, children’s middle grade, young adult and some nonfiction (history and biography). Diesel Books has secured a lease for a new […]
Bookstores
Bookselling: Bartleby’s Books Ruined By Flooding; Erie Bookstore Will Remain Open With New Ownership
Though Hurricane Irene largely spared the New York City area, many places further north have proven to be far less fortunate. In Vermont, which is suffering from some of the worst flooding in the state’s history, Bartelby’s Books was “ruined” by the flooding, owner Lisa Sullivan told Shelf Awareness in an email. The building was flooded but is still standing, and Sullivan said, pending help from FEMA and removing books and other items from the store, “We plan to rebuild as soon as possible.” Sullivan also owns the Book Cellar in Brattleboro, which closed indefinitely after a fire in its […]
Bookselling: New Stores in Colorado and Montana; Waterstone’s Will Leave Harrods; and More
New and used bookstore The Written Word will open in Brush, CO on Saturday. Owner Marlene Gippin says the store will offer books at $20 or less – “I’m not making things expensive; I think books should be inexpensive” — as well as free wi-fi and coffee, a children’s area, and a room for local artists to display their pieces. Fort Morgan Times Whitefish Bookstore will open a second location in downtown Kalispell, MO, by October 1. The news comes as the town’s Borders store is in the final stages of shutting down. KAJ18.com Waterstone’s will close its concession stand […]
Bookselling: Nebraska Book Company Gets Bankruptcy Plan OK; Easons Plans Layoffs and Store Closings; and More
A Delaware bankruptcy court granted approval to the Nebraska Book Company to seek votes from creditors on its reorganization plan, which would give control of the company to holders of more than 95 percent of its 8.625 percent senior subordinated notes and more than 75 percent of its 11 percent discount notes, the Lincoln Journal-Star reports. Secured lenders and noteholders would be paid in full with cash, and so long as equity holders don’t object to the plan, “they would get warrants to purchase 3 percent of the reorganized company’s equity at an enterprise value of $500 million, and 5 […]
Bookselling: Paradies Bids for Detroit Airport Borders; Just Books to Close; Common Language Tries Another Fundraiser, and More
Airport retail operator Paradies has taken over two Borders locations at the Detroit Metro Airport on a temporary basis and is bidding to take over two more locations. The two stores already operating are using Paradies’ focused bookselling brand, Heritage Booksellers. The Paradies’ bid for the other two stores is favored “in part because it is willing to rehire all Borders workers,” according to an airport authority memo cited by the Detroit News. Detroit News Just Books in Greenwich, CT is set to close by the end of August. Current owner Marion Boucher Holmes–who bought the store from Jenny Lawton […]
With Writedowns, Borders Loses $328 Million In July
Borders filed their monthly operating report for July with the bankruptcy court, reporting sales of $94.7 million and other revenue of $57.5 million for the month. Regular SGA expenses were $38.2 million, but they took two large writedowns–one against “all long-lived assets,” for $135.2 million, plus the fully-loaded “cost” of the merchandise sold was $284.7 million (or $132.5 million more than sales for the month). All told, they recorded an operating loss of $305.9 million on their books for the month, and a total net loss of $328.2 million. Filing