Citing different prices he has seen in Canada and the U.S. for Harry Potter and the Deathly Hallows,
Canada's finance minister Jim Flaherty has met with some Canadian
retailers in an effort to lessen the price differentials of various
products now that the Canadian dollar is worth more than the U.S.
dollar, the Globe and Mail reported.
But the president of Retail Council of Canada said Flaherty hadn't
looked hard for a better price on HP7 in Canada and cited Collected
Works, the Ottawa bookstore that has taken the unusual step of giving
customers the choice of paying either the U.S. or Canadian suggested
retail price.
---
Today's New York Times
explores the effect on the German-language book market of Switzerland's
decision earlier this year to end
fixed book prices. Because of
fixed prices and a book-loving cultural tradition, the German market
has been only lately
feeling the kind of pressures felt in book industries in many other
countries. (For example, Germany has two book retailing chains that
have only in the past
few years have hit a considerable size--and are still much smaller
proportionally than their equivalents in the U.S.) One way German
publishers may counteract lower retail prices in Switzerland is by
selling at higher prices to Swiss retailers.
---
In the quarter ended September 30, net sales at Amazon.com rose 41%
to $3.262 billion and net income rose 313% to $80 million. The company
attributed some of the gain to Harry Potter and the Deathly
Hallows--with sales of 2.5 million copies, it was Amazon's largest
new product release ever--and stronger third-party sales.
Still, some analysts remain concerned about the company's
profitability. As a result, although during the day the stock hit $100
a share for the first time since December 1999, in after-hours trading
it dropped
10% to $90.70 a share.
---
Bookstream has announced the addition of two new staff members.
- Kim Soyka, currently a buyer at the Book House of Stuyvesant
Plaza, Albany, N.Y., will join the wholesaler in mid-November as part
of the customer service team as well as buyer of adult titles.
- Jessica Stockton Bagnulo has joined BookStream in what the
company describes as "a unique role." Although she will continue to
work as events coordinator at McNally Robinson NYC bookstore, she will
also, according to Bookstream, "be putting her varied talents to use by
providing innovative value-added services to our customers." Jessica has
more details regarding the new position at her blog, the Written Nerd. [Jessica is also Shelf Awareness's Graphic Lit columnist, the next installment of which runs this coming Friday.]
---
Congratulations to Saturn Booksellers, Gaylord, Mich., which has
been named small-sized retailer of the year by the Michigan Retailers
Association, according to the Lansing State Journal.
---
Nevermore? The Lawrence, Kan., Journal World & News
reported that a "previously announced deal for three area residents to
buy the independent Raven Bookstore in downtown Lawrence has fallen
through," leaving the bookshop's current owners facing a "cliffhanger
moment."
"We just don't know what we're going to do," said Mary
Lou Wright, who, with Pat Kehde, founded the store 20 years ago. "We're
certainly committed to keeping it open for a while because it is full
of merchandise. But for the long term, we're not making any promises."
---
Donald Linn, former owner and CEO of Consortium Book Sales &
Distribution, which he sold to Perseus Books Group in August 2006, has
been named publisher of the book division at the Taunton Press. In his
new position, he will oversee all aspects of book publishing at Taunton
and work with the magazine and web divisions to help lead the growth
and diversification of the company, part of which includes moving some
book content to the web.
In a statement, Linn said, "While I'm not one who thinks the printed
page will ever go away, I do believe that certain types of content can
be delivered effectively in electronic format."
Before buying Consortium in 2001, Linn was managing partner of Kay Planting Co., a family-owned agribusiness.
---
Antoinette Kuritz writes that in spite of the
Southern California wildfires, the La Jolla Writers Conference will go
on as scheduled November 2-4, at the Paradise Point Resort & Spa in San Diego.
UPS and other carriers have temporarily suspended service in some parts of the area.
The fires have hit home for us. Debra Ginsberg, a Shelf Awareness
book reviewer, who wrote the book review below, is one of the many people evacuated because of the fires. We wish her and
everyone else affected the very best; our thoughts are with them.
---
The Vanishing Act of Esme Lennox by Maggie
O'Farrell (Harcourt, $23, 9780151014118/0151014116), which is being
published today, has been chosen as the sixth Barnes & Noble
Recommends title.
"Alive with the energy of trapped desires, Maggie O'Farrell's The Vanishing Act of Esme Lennox
is a riveting work of literary imagination," Steve Riggio, B&N CEO,
said in a prepared statement. "This suspense-filled novel will pull you right out of your chair
and take you on a journey across continents and generations."
One of the B&N booksellers who helped pick this selection
said, "Full of emotion and mystery, this novel took off at warp speed
and never let up." Another bookseller called the book "immediately
gripping and mysterious. I devoured it."
---
More manga!
Wired magazine decided to offer its "visual history of manga in America" in manga format.