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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