Tuesday, November 15, 2011

September Bookstore Sales Rise Slightly

Bookstore sales continued to do better than expected, at least as measured by the U.S. Census Bureau. According to preliminary estimates, sales in September rose 0.7%, to $1.55 billion and were up 2.8% for the first nine months of 2011. Revenue includes all sales made at stores where at least 50% of its sales come from books and also reflects the final going-out-of business sales at Borders.

For the entire retail segment, September sales rose 8.5%, and were up 8.1% in the first nine months of the year.
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