Esteemed Minneapolis, MN bookstore DreamHaven announced that they are closing their retail location at the end  of January 2012.  In a note sent to the DreamHaven Catalog email list, owner Greg Ketter described the situation: “It’s been a tough decision but in-store business has all but disappeared. Mail order shouldn’t change too much because of [...]

Following in the footsteps of Barnes & Noble, Books-A-Million announced they will no longer sell print versions of the 100 graphic novel titles that DC plans to release exclusively in digital form on the new Amazon Kindle Fire next month. Books-A-Million president Terry Finley said, “We will not promote titles in our stores… if publishers [...]

Barnes & Noble yanked physical copies of 100 DC Comics titles from shelves after the publisher cut its first digital rights deal exclusively with Amazon for those books. The titles are scheduled to be released in conjunction with the launch of Amazon’s Kindle Fire, their first color e-reader. B&N said it is following company policy [...]

Borders will not emerge from bankruptcy successfully, but will instead be liquidated. With no bidders interested in keeping the bookstore chain as a going concern, Borders chose to cancel the planned July 19 auction, and instead announced plans to submit a liquidation plan from Hilco and Gordon Brothers to the bankruptcy court for approval. Assuming approval [...]

Australia’s dominant bookselling organization REDgroup Retail has been placed into voluntary administration by its owner, private equity group PEP, just a day after Borders Group filed for bankruptcy. The group includes Angus & Robertson, Borders in Australia, and New Zealand’s Whitcoulls, with a combined staff of about 2,500. Angus & Robertson’s history in Australia dates [...]

Borders has filed for Chapter 11 bankruptcy protection, listing a debt of $1.29 billion and assets of $1.275 billion, in U.S. Bankruptcy Court. They expect to “finalize and implement a store closure, store liquidation and lease modification plan” as approved by their board, closing about 30 percent of their 642 stores, or approximately 200 locations, over [...]

Borders Bookstore announced on Sunday, January 30 that it would delay January payments to some landlords and vendors (including major publishers) for the second month in a row, causing speculation that the company may have to file for bankruptcy. According to a company statement, the payment delay “is intended to help the company maintain liquidity [...]

Borders Group, Inc. has announced it will be delaying payments to some vendors — including major publishers — while they try to refinance their considerable debt. This follows a warning on December 9, 2010 that the company might have a “liquidity shortfall” in early 2011. They will likely attempt to “restructure their payment arrangements” regarding [...]

Amazon has made some Nielsen Bookscan data available free to authors via their Author Central program. Authors who sign up for the free program can see geographic weekly sales data for their print books. Amazon vice president Russ Grandinetti said, “Authors are an important community for us … We’re really happy to make it easy and [...]

Google launched its new Google eBookstore on December 6, 2010, also offering a new Google web reader with free apps for Apple and Android. Google has also partnered indy bookstores Powell’s, Alibris, and set of participating members – currently 220 stores — of the American Booksellers Association, allowing the booksellers to sell Google eBooks on their [...]