{"id":4015,"date":"2018-02-13T23:35:00","date_gmt":"2018-02-13T23:35:00","guid":{"rendered":""},"modified":"2020-07-30T17:43:59","modified_gmt":"2020-07-30T22:43:59","slug":"job-cuts-hit-barnes-noble","status":"publish","type":"post","link":"https:\/\/comichron.com\/blog\/2018\/02\/13\/job-cuts-hit-barnes-noble\/","title":{"rendered":"Job cuts hit Barnes & Noble"},"content":{"rendered":"
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Earlier this year we passed along that, according to Bookscan<\/b>, the adult graphic novel category was off 5% in 2017<\/a><\/b>, with the kids’ graphic novel category up 1.9%. Both those figures were an improvement over the 10% loss for the year<\/a><\/b> suffered by the comic book specialty shop market, which remains the largest channel for comics and graphic novel sales combined. (See the most recent size comparisons here<\/a><\/b>.)<\/p>\n

The book channel, however, sells a majority of the industry’s graphic novels \u2014 and a significant player in that has announced a large number of layoffs. CNBC reports that Barnes & Noble<\/b> confirmed a significant number of layoffs today<\/b><\/a>. “Its 2017 holiday sales fell more than 6 percent to $953 million, when compared with the year prior. Same-store sales declined 6.4 percent for the holiday period, while online sales dropped 4.5 percent.”<\/p>\n

There’s nothing in the statement or article suggesting the company may alter its purchasing strategies or product mix; we’ll see what impact this has, if any, on the graphic novel business. Barnes & Noble’s rivals in the book channel, Amazon<\/b> and Wal-Mart<\/b>, already have their graphic novel sales tracked by Bookscan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Earlier this year we passed along that, according to Bookscan, the adult graphic novel category was off 5% in 2017, with the kids’ graphic novel category up 1.9%. Both those figures were an improvement over the 10% loss for the year suffered by the comic book specialty shop market, which remains the largest channel for … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[50],"class_list":["post-4015","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-book-channel"],"_links":{"self":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/4015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/comments?post=4015"}],"version-history":[{"count":2,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/4015\/revisions"}],"predecessor-version":[{"id":6289,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/4015\/revisions\/6289"}],"wp:attachment":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/media?parent=4015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/categories?post=4015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/tags?post=4015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}