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Bookselling News
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Want to know about the business side of things from booksellers such as Amazon, Barnes and Noble, Chapters/Indigo and Waterstone’s? We have the latest coverage and industry news.
Michelle Obama’s Becoming is the Top Best Selling Book of 2018
Michelle Obama’s autobiography Becoming is the number one bestselling book in the world. Which is shocking considering it only came out on November 13th. On the very first day it sold 725,000 copies and 17 days later it has sold a staggering 3.4 million copies in Canada and the United States. This includes audiobook sales, ebooks and large print editions. Sales are brisk in international markets, since the title is available in 31 different languages.
The book has been #1 on most bestseller lists throughout the country throughout the past two weeks, including those at the New York Times, USA Today and various online retailers such as Amazon. It is also the #1 adult nonfiction bestseller in, among other territories, the United Kingdom, Germany, France, Italy, Holland, Spain, Denmark, Norway, Finland, and Greece, the publisher said. Penguin Random House added that the book also made the bestseller lists in Australia, Israel, Korea, Taiwan, and South Africa.
Book sales decreased by 3% at Barnes and Noble
Barnes and Noble has disclosed that this summer they saw a decline in book sales by 3%. The bookseller saw an increase in sales from adult hardcovers and saw a modest improvement on trade paper, kids, and young adult categories. Non-books increased 1.9%, led by toys and games growth, cafe and better gift results. Overall, B&N consolidated sales decreased $20 million or 2.5% to $771 million.
Michelle Obama’s Becoming is B&N Fastest Selling Book of the Year
Barnes and Noble has announced that Michelle Obama’s Becoming had the biggest first-week sales of any book this year, surpassing Fear for the most copies sold, as well as having the best first-week start of any adult book in over three years. This comes at the time of the year where the bookseller desperately needs more revenue during the holiday season, last year sales declined by 6.4%.