October 31, 2014

UK: Bookshop Numbers Halve in Just Seven Years While eBook Spending Nearly Doubles During 2012

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From The Telegraph:

According to data from Experian there are only 1,878 high street bookshops left in Britain. As recently as 2005 there were 4,000 bookshops on our high streets – twice as many as there are now.

Almost 400 bookshops have closed over the course of 2012 alone, a seven-fold increase in the number that shut in 2011.

The shops have closed due to the prolonged downturn in consumer spending, pressure from supermarkets, and the continued rise of websites such as Amazon, which sell both physical books and electronic e-books online.

New research from analysts at Mintel shows that British consumers spent £261 million on e-books this year, almost double the £138 million spent in 2011. At the same time physical book sales fell from £3.3 billion last year to £3.1 billion this year.

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Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.