Returns for New Harry Potter Capped, Just Like Last Time

By Carmen 

And the news that Bloomsbury is once more imposing a cap on returns – reduced from 20 per cent last time to 10 per cent – is no doubt extremely unwelcome to independent bookstores, reports the Independent. Recall that many of these stores once vowed en masse in the UK that they would not bother stocking HARRY POTTER AND THE DEATHLY HALLOWS since they couldn’t compete with the deep discounting from Tesco, Asda and the like. The publisher argues that it’s simply being eco-friendly, but wholesalers are supporting the indies’ complaints, and the Booksellers Association has presented concerns to the publisher. We’ll see what happens, but the Independent figures that the indies will order the new Harry in conservative quantities – and then go to the supermarkets to replenish their stock.