Tuesday, January 6, 2015

Kindle sales’ll have ‘disappeared’, Says UK’s Largest book retailer – Telegraph.co.uk

“We Used To try and run Exactly The Same bookshop in Blackpool as in Hampstead. That, my youngest daughter would tell you, is probably not sensible, “Mr. Daunt said.

Waterstones, Which expects to break even this year. plans to open at least a dozen more shops this year as the ebook revolution Appears to go into reverse.

Launched the Amazon Kindle, Which is now in .its Seventh Generation, in 2007. Sales peaked in 2011 at around 13.44m, accoding to Forbes. That figure fell to 9.7m in 2012, with sales flat The Following Year. It Is Estimated That HAS Amazon Kindles sold around 30m in total.

At the sametime, British Consumers spent £ 2.2bn on print in 2013, compared with just £ 300m on ebooks, of according to Nielsen.

London bookstore Foyles HAS reported a surge in sales of physical books over Christmas.

US book giant Barnes & amp; Noble is looking to spin off .its Nook ereader business, Which is Estimated to Be losing $ 70m a year. Meanwhile, core sales, excluding Nook, rose 5pc in the Most Recent quarterback.

Last March, Tim Waterstone, who founded the bookshop chain in 1982, argued That the printed word was far from dead , Adding That he had heard and read “more garbage about the strength of the ebook revolution than anything else I’ve known.”

“The ebooks Have Developed a share of the market, of course They have, but every indication – Certainly from America – shows the share of ice Already in decline. The Indications are That It Will Do Exactly The Same in the UK, “he Told The Oxford Literary Festival.

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