Bookstore sales tanked 7.7 percent in August to $2 billion, estimates the U.S. Census Bureau. The decline comes on the heels of a 9.3 percent drop in bookstore sales in July.
But Amazon’s media sales for the third quarter ended Sept. 30 climbed 15 percent, to $785 million. During the same period in 2005, growth was 21 percent. Amazon doesn’t break out book sales from its media unit.
Bookstore sales slip while Amazon sales rise
Book sales at brick-and-mortar stores appear weak this fall, while Amazon’s sales increased at a healthy clip.
Bookstore sales tanked 7.7 percent in August to $2 billion, estimates the U.S. Census Bureau. The decline comes on the heels of a 9.3 percent drop in bookstore sales in July.
But Amazon’s media sales for the third quarter ended Sept. 30 climbed 15 percent, to $785 million. During the same period in 2005, growth was 21 percent. Amazon doesn’t break out book sales from its media unit.
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