Even worse - in 2016 for the book industry, according to the CEO of - this anti-record over the past half-century.Profit Company (headquartered in New York City) fell by 6.6% to $ 913.9 million last quarter. And it is against the consensus forecast at $ 958.5 million. Sales in the period fell by about 6%. In the quarter that ended in July, the company's net loss was $ 14.4 million, or 20 cents per share. And the most interesting ... In all of this paper Barnes & Noble (it's 638 bookstores) rose by 42% in 2016.
Experts write that the main culprit for the troubles the offline retail - virtual retail. Companies such as Amazon.And what the American population reads less and less. More and more thinking about their daily bread, less - about food spiritual and emotional.