> Waterstones’s sales revenues are up 5%, about half of which is down to higher prices. The rest is a result of selling “lots and lots of books” as, he says, younger adults are being inspired to pick up a paperback by social media, such as the trend for TikTok recommendations known as BookTok, and book clubs in real life.
Not a fan of higher prices, but glad that it’s equaled by more books being sold.
ariasingh on
SUPPORT LOCAL NOT WATERSTONES
Krow101 on
Are there enough hipsters and old people to make this profitable?
3 Comments
> Waterstones’s sales revenues are up 5%, about half of which is down to higher prices. The rest is a result of selling “lots and lots of books” as, he says, younger adults are being inspired to pick up a paperback by social media, such as the trend for TikTok recommendations known as BookTok, and book clubs in real life.
Not a fan of higher prices, but glad that it’s equaled by more books being sold.
SUPPORT LOCAL NOT WATERSTONES
Are there enough hipsters and old people to make this profitable?