Appleton, WI-based bookstore chain Book World, Inc. has run a notice in the local paper announcing that they will start liquidating their inventory as of November 2, after which they expect that all of their stores will close: “A liquidation sale will begin at each Book World store location which will run until all inventory is sold. The liquidation sale will offer customers deep discounts on books, toys, games, puzzles, magazines, calendars, trading cards, gifts, and all other merchandise. Customers are encouraged to shop immediately to take advantage of the sale while inventory is still available.” Book World operates 20 […]
Bookstores
Waterstones Has Banker Looking for New Financing, or New Owner
UK bookseller Waterstones has retained investment bank NM Rothschild, to look for a new lender or possibly a new owner for the chain. That representation is making news following a report last week in the Evening Standard suggesting that current owner Alexander Mamut is facing financial pressure in the wake of the collapse of Russian bank Otkritie, in which Mamut was a big shareholder. As the bank reorganizes, shareholders are being required to turn over significant assets and — because those owners are said to have used the bank to finance some of their own deals, in some cases Otkritie is taking over […]
People, Etc.: Behar to Lead New Nonfiction Imprint at Little, Brown
Longtime Little, Brown executive editor Tracy Behar will become vp, publisher and editor-in-chief of a new imprint for the division, devoted to health, lifestyle, psychology, and science. The imprint will launch in fall 2018, and will include an additional editor and dedicated marketer. Little, Brown publisher Reagan Arthur says in the announcement, “With so many evolving opportunities in these categories, we’re eager to increase Little, Brown’s presence in this growing market, and to have Tracy Behar leading the way. It would be impossible to find an editor more highly regarded by her authors, their agents, and her colleagues than Tracy.” Behar […]
People, Etc.
At Simon & Schuster Children’s, Jen Ung has been promoted to editor for Simon Pulse; Sylvie Frank has been promoted to senior editor at Paula Wiseman; and Cindy Kim has been promoted to assistant editor for Little Simon. Alex Levenberg has been promoted to senior global rights manager at Amazon Publishing. Frank Parisi has joined Chronicle Books as senior editor, entertainment. Previously he was senior editor for Lucasfilm.
Bookselling: Store News, S&S New Store Offer, Bertram’s for Sale
The manager of the Barnes & Noble in Maui Cindy Mauricio told employees and the media that the store will not be closing at the end of the year after all, based on a conversation with her district manager. A spokesperson for the mall owner did not have any confirmation yet, and the management company says for now that originally it was BN that declined to renew the lease rather than the inverse, as first report. The Bookworm in Carbondale, IL is up for sale as owners Carl Rexroad and Kelly Rexroad prepare to retire after more than 16 years in […]
People, Etc.
Whitney Frick will take over as editorial director of The Dial Press on December 4, reporting to Susan Kamil. She has been executive editor at Flatiron Books. Becca Putman joins the Crown Publishing Group as marketing manager for Crown, Hogarth, Tim Duggan Books, and Broadway Books. Most recently she worked in Grove Atlantic’s marketing department. Steve Fischer will retire as executive director of the New England Independent Booksellers Association when a successor is found. He has been in the position since 2006. President of the board Laura Cummings says, “While we all wholeheartedly wish Steve well in his upcoming retirement, […]