UK: Bookshop Numbers Halve in Just Seven Years While eBook Spending Nearly Doubles During 2012
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.
Read the Complete Article
Filed under: Data Files, News
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.