Print Sales Rose 5.8% in Christmas Week (publishersweekly.com)

The Coalition for Paper Options (CPO) – the only stand-alone coalition devoted exclusively to protecting citizen access to paper-based information – proudly welcomes its newest members: the Association for Print Technologies (formerly NPES) and the Idealliance. These new members have joined with Printing Industries of America, the American Forest & Paper Association, the Envelope Manufacturers Association and a host of individual corporations in the paper manufacturing, printing and mailing industries as financial supporters of the Coalition for Paper Options’ efforts to protect access to paper-based resources and information. “By supporting the Coalition for Paper Options, the paper, printing and mailing industry is speaking out in a loud and unified voice against government efforts to limit access to important paper-based information,” said John Runyan, executive director of the Coalition for Paper Options. “Our coalition, however, is not just about industry, as evidenced by a wide range of consumer, senior, and rural groups which are also active members. We are all united in making sure that our nation embraces technology without penalizing citizens who still need or prefer traditional access to paper-based services offered by government and the private sector.” Click Read More below for additional information.

During the first quarter of 2018, we adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). As a result of the new accounting standard, income relating to our credit card program and gift card breakage that previously offset selling, general and administrative (“SG&A”) expenses has been recorded in other revenue in the Condensed Consolidated Statements of Income for all periods presented. The increase in other revenue for the first quarter of 2018 is the result of higher penetration from our growing credit card program. Gross profit for the first quarter of 2018 was $96.1 million or 29.4 percent of sales compared to $95.6 million or 28.3 percent of sales in 2017. Click Read More below for additional information.

With all major categories posting double-digit gains, unit sales of print book rose 19.5% in the week ended Jan. 30, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Unit sales of YA fiction soared by 50.6% over the week ended Feb. 1, 2020, and YA nonfiction sales rose 41.2%. In both cases it was strong across-the-board sales rather than one or two big bestsellers that drove the gains. In YA fiction, We Were Liars by E. Lockhart remained the top title, selling more than 11,000 copies. Brigid Kemmerer’s A Vow So Bold and Deadly was the bestselling new title, selling more than 7,000 copies. YA nonfiction sales were led by Stamped by Jason Reynolds and Ibram X. Kendi, which sold more than 3,400 copies. Juvenile fiction unit sales rose 32.5% and nonfiction increased 24% over a year ago. Alice Schertle’s Little Blue Truck’s Valentine stayed in the fiction top spot, selling just over 25,000 copies.