Monday 9 May 2011

Still no news on waterstones

I bet this sentiment is being felt across a fair few publishers. It is as though the small w is in limbo.

Meanwhile, has anyone been into a Waterstones branch recently?

They haven't bought anything outside the top 1000 titles and customers orders for over a month now, and every store - or at least those that I have been into - have almost everything face out to give some illusion that they have some stock.

Our sales the chain have slumped from 10% of our monthly turnover to, well, near enough zero in 4 weeks.

Unless the sale goes through in some form, and the new management give some clear direction on where they see the chain going pretty fast, god knows what will happen, but it won't be pretty!


1 comment:

catdownunder said...

Will be thinking of you - but I am not holding my breath. Here Downunder we have now lost Borders of course but also Angus & Robertson and a number of indies. It is not looking good for our local indie either.