Bookstore Sales Fell for Second Consecutive Month in July (publishersweekly.com)

July bookstore sales fell 3.4% compared to July 2021, according to preliminary estimates from the U.S. Census Bureau. Sales we $646 million this past July, compared to $668 million a year ago. It was the second straight month bookstore sales declined compared to 2021, after a steady string of monthly increases, and could reflect a new normal in the bookstore sales pattern, as comparisons to 2021 now reflect a period when many stores had reopened after lockdowns. In June, sales were down 8.2%.

Despite the two-month sales skid, bookstore sales were still up 10.3% in the first seven months of 2022 over 2021, with sales rising to $4.54 billion from $4.11 billion in the comparable period in 2021. For the entire retail segment July sales rose 8.5% and sales increased 10.2% in the year-to-date.
https://www.publishersweekly.com/pw/by-topic/industry-news/bookselling/article/90340-bookstore-sales-fell-for-second-consecutive-month-in-july.html

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