Diamond clarifies sales results

As noted also in the updated main post below: Dan Manser, director of marketing at Diamond, has confirmed my understanding of the numbers: Indeed, all three findings that have been reported are correct. The 3-4% drops in Diamond’s 2008 sales mentioned in previous interviews with Bill Schanes and Roger Fletcher refer to Diamond’s overall sales, … Read more

Order minimum update: Schanes@Newsarama

Diamond’s Vice President of Purchasing Bill Schanes talked to Newsarama about the changes to the purchase order minimums, confirming the basic math discussed here earlier and my own assumtpions about they whys and wherefores coming from Diamond’s side. Every item, or SKU, a distributor carries has an attached maintenance cost on their end, not limited … Read more

L.A. Times and the recession narrative

I had mentioned earlier the piece where a California newspaper built interviews with a comics shop owner into part of a series on the recession — making, the retailer said, a year of sales growth seem like a year of declines. Which brings us to California’s biggest paper, the Los Angeles Times — and today’s … Read more