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Recent Articles

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Ohio's The Suburbanite, Jackson Suburbanite weekly newspapers to cease publication at end of May; Gannett cites declining advertising revenue as reason for closures, says local news will be covered by Canton Repository, Akron Beacon Journal newspapers

Educational Development signs distribution agreement with Usborne Publishing, allowing EDC's UBAM direct sales division access to sell Usborne titles through its sales channels, non-exclusive rights to sell to schools, libraries through book fairs

Q1 bookstore sales up 16% year-over-year to US$1.99B, while March bookstore sales up 12.5% year-over-year to US$577M, US Census Bureau reports; March increase was one of smallest in recent months reflecting improving retail environment in early 2021

Educational Development's net earnings decline 34.1% year-over-year to US$8.3M in FY 2022, while revenue drops 30.3% year-over-year to US$142.2M; home division sales plunge 34.2% to US$129M, while publishing division sales up 54.7% to record US$13.3M

Unit sales of print books fall 6% year-over-year for week ending May 15, NPD BookScan finds, with adult fiction the only category to post increase of 0.9%; sales of adult nonfiction fall 10%, juvenile fiction drops 6.8%, juvenile nonfiction drops 10.7%

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