Amazon.com tried to use its considerable retailing clout to ban ebook titles published by Macmillan this week. In the end, they failed and the Macmillan ebooks where restored to the Kindle catalog. But in the process Amazon.com tipped its hand by showing a willingness to sacrifice publisher relations and customer convenience on the altar of their own higher profits. [Read More]
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CBA, the Association for Christian Retail, has asked the Department of Justice to investigate Amazon.com, Wal-Mart, and Target because of what they see as illegal, predatory pricing that is damaging to the book industry and to consumers. The CBA sent this letter to the Department of Justice outling book marketing abuses by the three market leaders. [Read More]
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Christian Book Distributors reduces its work force in face of buying cutbacks by book stores and diminishing profits. Like many book industry companies, they are doing what they must to weather the recession.
Christian Book Distributors (CBD), the largest religious catalog company in the world, laid off 37 employees at its Peabody, MA headquarters this week. The cuts amount to 7 percent of the company’s work force and reduces the number of employees to 528. [Read More]
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A big Christian bookstore follows in the footsteps of independents. Even with denominational backing, the store was forced to close in the current challenging economy.
The Pathway Bookstore, serving the greater Cleveland, TN area, as well as churches nation-wide affiliated with the Church of God (CoG), is closing its doors on January 14, 2009 due to lack of profitability. [Read More]
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