Walmart Releases Q3 FY22 Earnings

Office Depot announced a new collaboration with Canva, the world’s fastest growing design platform. Canva’s high-impact, professional and visually-appealing graphic design solutions paired with the high-quality printing services offered on officedepot.com are now available to help small business customers keep business going during this pivotal time. “Whether small businesses are preparing to open their doors or never shut down, we’re here to help them accomplish more as they restore operations, restock their office and reconnect with their customers,” said John Gannfors, executive vice president and chief merchandising and supply chain officer for Office Depot. “The addition of Canva’s easy-to-use graphic design functionality enables our small business customers to easily build their brand with eye-catching print marketing materials that can help them keep business going.”

Penguin Random House, Hachette Book Group, HarperCollins Publishers, Macmillan Publishers, Simon & Schuster, and Sourcebooks have filed a lawsuit against Florida public officials, challenging sweeping book removal provisions of HB 1069, an education law that restricts books in school libraries. The additional plaintiffs joining the publishers are the Authors Guild, bestselling authors Julia Alvarez, Laurie Halse Anderson, John Green, Jodi Picoult, and Angie Thomas, two students, and two parents. As a result of HB 1069, hundreds of titles have been banned across the state since the bill went into effect in July 2023. The list of banned books includes classics such as Brave New World by Aldous Huxley, A Tale of Two Cities by Charles Dickens, For Whom the Bell Tolls by Ernest Hemingway, and The Adventures of Tom Sawyer by Mark Twain, as well as contemporary novels by bestselling authors such as Margaret Atwood, Judy Blume, and Stephen King. Among nonfiction titles, accounts of the Holocaust such as The Diary of a Young Girl by Anne Frank have been removed.

This October, the adult and children’s/young adult segments had polar opposite results—sales of adult books rose 10.2% in the month over 2019, while sales in the children’s/YA category fell 10.2% for publishers that report results to AAP’s StatShot program. Gains in the adult segment were led by an 18.2% increase in sales of trade paperbacks, and both digital formats saw double digit increases as e-book sales rose 13% and downloadable audio sales increased 12% over 2019. Overall, in the first 10 months of 2020, adult trade book sales rose 9.1% over the comparable period in 2019 at publishers who reported sales to AAP.