Suspend Your Disbelief

Posts Tagged ‘bookselling’

Shop Talk |

Rolling back prices, indeed—Wal-Mart and Amazon in preorder price war for this season’s new hardcovers

In the Arts section of today’s New York Times, Motoko Rich reports on the “tit-for-tat price war between Wal-Mart and Amazon [that] accelerated late on Friday afternoon when Wal-Mart shaved another cent off its already rock-bottom prices for hardcover editions of some of the coming holiday season’s biggest potential best sellers, offering them online for $8.99 apiece.” Originally the company had intended to sell these selected books at $10, but Amazon, perhaps feeling threatened by Wal-Mart’s foray into the online retail market, retaliated by lowering their prices on the same titles to a mere $9. So Wal-Mart responded in kind, […]

Shop Talk |

The Big-Box Retailer Book Clubs

Three Percent, a site dedicated mostly to international lit, recently featured two must-read posts — “Predatory Pricing Practices” (which includes a clip from the Colbert Report featuring Douglas Rushkoff) and “Anti-Fixed Book Price Essay” — about the predatory pricing practices that stores like WalMart are using to drive down book prices. In short, they’re employing books as loss leaders to sell other products. See also: the NY Times‘ recent article about big box retailers pushing a HUGE proportion of booksales these days and creating “bestsellers”. Could Target really be the next Oprah’s Book Club? It’s interesting to think that a […]