UK bookstore chain Waterstones has plans to open at least a dozen more bookstores after seeing print book sales increase over the holiday season. The company revealed today that physical book sales at its stores rose 5 per cent in December.
At the same time, the retail chain has reported a drop off in interest in Kindle eReader sales at its stores.
The Financial Times has the scoop: “Waterstones said that sales of Amazon’s ebook reader had “disappeared to all intents and purposes”. The lossmaking chain of 290 bookshops had previously touted Kindle as the way to “solve the digital question” in 2012 when it launched a partnership with Amazon to sell the devices.”