The publishing industry is bracing for a volatile end of the year (modernretail.co)

As supply chain issues continue to plague the retail sector, booksellers have become some of the most vocal voices online to warn of coming shortages this holiday season.

This past weekend, some authors took to Twitter to urge readers that, if they want copies of their books in time for the holiday season, they needed to place their orders now. Independent bookstores, too have told customers to plan ahead. “If you think you might need a book in this last chunk of the year, please consider ordering soon,” Washington, D.C.-based East City Bookshop posted on Twitter, citing tightening in the supply chain.

It isn’t just books: a complex combination of worker shortages, increased overseas shipping costs and raw material shortages have impacted companies ranging from Peloton to Ravensburger, a popular maker of jigsaw puzzles, said this week that it would halt all orders of its games for the foreseeable future. But book publishers are especially vulnerable because they order new book printings based on consumer demand, and to keep a popular title in stock, they depend on getting those new printings out to customers quickly. As the timelines for new printings are stretched further and further, publishers face the real possibility of running out of some books ahead of the holidays.
more at source: https://www.modernretail.co/retailers/the-publishing-industry-is-bracing-for-volatile-end-of-the-year/

Related Posts

Ask Congress to Stop Postage Hikes

Dear ACMA member or friend of the ACMA: Please play an important role by urging key Congressional committee members to intervene and stop Postmaster Louis DeJoy from continuing these punishing twice-a-year postal rate hikes. The July 9th increase was the third in the past 12 months. The action we're asking of you is fairly simple and easy, but requires two key steps: 1. The ACMA is a flagship member of the Keep Us Posted campaign, headed by former Kansas Congressman Kevin Yoder. Just use this platform to ask Congress to stop these rate hikes. 2. We have hand-selected you (and likely, a colleague or two from your company whom we also know) because your headquarters, your other facilities, or clusters of your employees are in districts of Congressional members who serve on the House Oversight Committee, the key committee that oversees the USPS. Please see the list below and use the Keep Us Posted letter as a template to write the appropriate representative separately from item 1 above. Send your letter by email to the contact listed below each Congressional member.

IAC Reports Q1 2022 Results

* Dotdash Meredith revenue increased 665% year-over-year to $500 million, benefitting from the Meredith acquisition. o Digital revenue was $216 million and Print revenue was $290 million. o Operating loss of $56 million and Adjusted EBITDA of $9 million reflect $26.5 million of restructuring charges incurred and transaction-related items associated with the acquisition of Meredith incurred in Q1 2022. * Angi Inc. revenue increased 13% year-over-year to $436 million, the 6th consecutive quarter of double-digit growth. * Emerging & Other revenue increased 9% to $167 million.

Costco Wholesale Corporation Reports July Sales Results

Costco Wholesale Corporation reported net sales of $13.04 billion for the retail month of July, the four weeks ended August 2, 2020, an increase of 14.1 percent from $11.43 billion last year. For the forty-eight weeks ended August 2, 2020, the Company reported net sales of $149.66 billion, an increase of 8.8 percent from $137.56 billion during the similar period last year.
Back To Top
×Close search
Search