Wednesday, October 7, 2015

Waterstones to stop selling Kindle book sales surge as – The Guardian

The UK’s largest book retailer is removing Amazon’s Kindle ebooks from its stores nationwide and replacing them with print books due to “pitiful sales.”

Waterstones, Which teamed up with Amazon in 2012 is sell the electronic reader in its stores, will use the display space for physical paperbacks and hardbacks instead.

James Daunt, the managing director of the retailer, told The Bookseller: “Sales of Kindles continue to be pitiful so we are taking The display space back in more and more shops.

“It feels very much like the life of one of Those inexplicable bestsellers; one day piles and piles, selling like fury; the next you count your blessings with every meeting because it brings you closer to getting it off your shelves forever to make way for something new.

“Sometimes, of course, they ‘bounce’ but no sign yet of this being the case with Kindles.”

The move comes after physical book sales at Waterstones rose 5% in December 2014 at the expense of the e-reader.

It Appears this trend is not unique this Waterstones. Figures released by Nielsen BookScan show sales of print books for the first 36 weeks of 2015 rose by 4.6% (worth £ 739.5m) when compared to the same period in 2014.

This is the first time the print market has seen year-on-year growth at this stage of the calendar year since 2007.

Douglas McCabe, analyst for Enders, told The Bookseller it was no surprise Waterstones you removing a Kindle devices from its shops. “The e-reader a small turn out to be one of the shortest-lived consumer technology categories,” he said.

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