September Begins with a 17.5% Gain in Unit Sales (publishersweekly.com)

With all but one category posting double-digit gains, unit sales of print books rose 17.5% in the week ended Sept. 5, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Sales in the juvenile fiction category rose 30.6% over the week ended Sept. 7, 2019, due in large part to the release of Dav Pilkey’s Grime and Punishment (Dog Man #9), which sold more than 239,000 copies in its first week. The category also received a boost from another new Scholastic title, as Ann M. Martin’s Logan Likes Mary Anne! sold more than 32,000 copies in its first week. Unit sales in the YA fiction category jumped 43.4% over 2019. Cassandra Clare’s The Lost Book of the White, Vol. 2 sold nearly 13,000 copies in its first week, putting it in third place on the category list.
more at source: https://www.publishersweekly.com/pw/by-topic/industry-news/bookselling/article/84319-september-begins-with-a-17-5-gain-in-unit-sales.html

Related Posts

Shoe Carnival acquires Rogan’s Shoes (digitalcommerce360.com)

Shoe Carnival acquired Rogan’s Shoes, the retailer announced Feb. 13. The deal was worth $45 million, it said in a statement. Shoe Carnival is No. 335 in the Top 1000. The Digital Commerce 360 database ranks North America’s leading retailers by online sales. The footwear retailer expects to see benefits from the acquisition in its 2024 fiscal year. Adding Rogan’s to Shoe Carnival’s portfolio will generate approximately $84 million in sales and $10 million in operating income in 2024, the retailer said. That doesn’t include transaction and integration costs. Rogan’s is 53 years old, with 28 locations across Wisconsin, Illinois and Minnesota. The acquisition makes Shoe Carnival the market leader in Wisconsin and establishes a store base in Minnesota.

The UPS Foundation, American Red Cross And CyPhy Works Launch Disaster Relief Drone Pilot Program

The UPS Foundation, the American Red Cross and drone manufacturer CyPhy Works, Inc., today announced a partnership to launch a drone pilot program, marking the first time the American Red Cross will test using a tethered drone to assess damage after a major natural disaster in the United States. “With such catastrophic injury and damage being caused by natural disasters, every minute counts. It’s essential that public and private organizations work together to find new and innovative solutions to support and enhance recovery efforts after a natural disaster strikes,” said Eduardo Martinez, president of The UPS Foundation and chief diversity and inclusion officer.

The ODP Corporation Announces Second Quarter 2020 Results

Total reported sales for the second quarter of 2020 were $2.2 billion, a decrease of 17% compared to the second quarter of 2019. The decrease in revenue was primarily the result of lower sales in the Business Solutions Division (BSD) and CompuCom Division driven by impacts related to the COVID-19 pandemic, combined with lower sales in the Retail Division driven by lower volume and fewer retail stores in service. Product sales in the second quarter were down 15% relative to the prior year period. Service revenue was down 26% in the quarter related to lower comparable sales at CompuCom and sales of service in our BSD and Retail Divisions, all of which were negatively impacted by the COVID-19 outbreak. On a consolidated basis, service revenue represented approximately 14% of total Company sales in the second quarter of 2020. The Company reported an operating loss of $456 million in the second quarter of 2020, compared to an operating loss of $15 million in the prior year period. GAAP operating results in the second quarter included $466 million of charges including $401 million of non-cash asset impairment charges, and $65 million in merger and restructuring costs. Asset impairment charges of $401 million in the second quarter of 2020 included $363 million related to impairment of goodwill and other intangible assets at CompuCom and in the Company’s contract business combined, largely related to the effects of the COVID-19 outbreak on current businesses conditions. Asset impairment charges also included $25 million related to the impairment of operating lease right-of-use (ROU) assets associated with the Company’s retail store locations, with the remainder primarily relating to the impairment of fixed assets. Merger and restructuring costs of $65 million include $6 million associated with the Business Acceleration Program (“BAP”), $51 million associated with restructuring charges related to the recently announced Maximize B2B Restructuring Plan, and $7 million in merger, acquisition and integration-related expenses.
Back To Top
×Close search
Search