Bookstore Sales Down 8.4% in January

January bookstore sales fell 8.4%, to $1.305 billion, compared to January 2017, according to preliminary estimates from the Census Bureau. This marked the seventh down month going back to last summer after a four-month streak in which bookstore sales rose every month. Last year, bookstore sales were down 3.7% compared to 2016.

Independent bookstore sales, however, continued to do much better than overall bookstore sales. Bookselling This Week wrote yesterday, "The independent bookstore channel ended 2017 with a 2.6% increase over 2016. As of March 6, the year-to-date sales for independent bookstores, as reported to the weekly Indie Bestseller Lists, were up more than 4% over 2017."

Total retail sales in January rose 5.3%, to $445.6 billion.

Note: under Census Bureau definitions, the bookstore category consists of "establishments primarily engaged in retailing new books."

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