Bookstore Sales Dropped 10.9% in August
Bookstore sales tumbled 10.9% this August compared to August 2016, according to preliminary figures released by the U.S. Census Bureau on Friday. Sales in August were $1.39 billion, down from $1.56 billion a year ago. The decline is due in part to strong sales last summer of Harry Potter and the Cursed Child. August also includes sales from college stores as students start the fall semester and the decline likely reflects lower sales in those outlets. (August is typically the first or second biggest month for bookstore sales). Click Read More below for additional information.