Thread: Booktopia - Voluntary Administration
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Old 07-11-2024, 05:26 PM   #3
John F
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Quote:
Originally Posted by Karellen View Post
I found this an interesting read on the state of Australian book sales...
https://www.abc.net.au/news/2024-07-...hing/104087636

Never would I have thought the highest volume of book sales comes from discount stores like Kmart and BigW.
That is interesting. I wonder if the U.S. is the same? Whenever I pass the book section in Walmart, I don't notice anyone browsing the books.

And very little mention of ebooks and audiobooks in the article.

And from the article:

Quote:
IBISWorld data has Booktopia as selling $200 million a year, outstripping its main rival Amazon, the American company owned by Jeff Bezos.
Bezos may be The largest stock holder (I assume), but he doesn't own it; he's not even the CEO.
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