Post by Ted Nolan <tednolan>
2019 Book Sales
NPD BookScan reported unit sales for print books dropped
1.3% in 2019, ---
The decline was due in part to a lack of big bestsellers
Unit sales for adult fiction dropped 2.9%.
*By genre, science fiction had the biggest drop, down 19.7%*
while horror rose 16.6% and
graphic novels rose 16.1%.
Juvenile fiction had a slim 0.5% drop, but
young-adult fiction fell 8.1%.
By format, hardcovers basically held
steady, up 0.3%, while trade paperbacks dropped 0.7% and
mass-market paperbacks fell 15.3%.
A 20% drop?!
Of course this is for print, and I suspect most people who read more than
a book a month use ebooks now, but still..
Yes, 20% in one year sure seems surprising.
Big question of course, is, what do the 'insiders' think?
In a different arena, I'm reminded of this in yesterday's paper:
(about a week ago, there were 3 different shootings in
the same downtown area.)
‘Why should I bother to come downtown?’: Macy’s closure highlights
challenges for Seattle’s retail core
Feb. 23, 2020 at 6:01 am
Last Tuesday, as Carol Gable Hare picked through the clearance bargains
at the Macy’s in downtown Seattle, the longtime customer found herself
wondering if she would keep shopping downtown after the store — one of
her favorites — shuts down Sunday.
“You have that feeling of, ‘Well, why should I bother to come
downtown?’” said the Queen Anne resident. “Which is sad.”
Downtown Seattle “is at a tipping point,” said Jeff Green, a retail
analyst -- With so many alternatives online and at suburban shopping
centers, --- Many other retailers have preceded Macy’s in vacating
downtown Seattle ---
The exodus has been especially dramatic at Pacific Place, a five-level,
339,000 square-foot shopping center at Olive and Sixth, which as
recently as 2017 had about 50 tenants, according to a Puget Sound
Business Journal story that year. But the shopping center has lost a
number of national retailers — including Barneys, Barnes & Noble, Eddie
Bauer and Victoria’s Secret — hit hard by e-commerce and other industry
disruptions, and as of last week had just 21 tenants. --
“I don’t think we realized how much [retail] was changing and how fast
it was changing,” said Daniel Meyers of Madison Marquette, a Washington,
D.C.-based real estate company that paid $271 million for Pacific Place
in 2014 and an additional $87 million for the underground garage in 2016.