Thursday, May 14, 2015 - 15:00
Booksellers make a comeback as sales grow
For the first time in years, physical book sales are increasing. In the past quarter, the number of books sold went up by 5.6 percent compared to a year before when retailers ECI and Polare went bust, reports market research company GfK. In total, there were 8.2 million books sold in the first quarter. The turnover by booksellers was at 105 million euros. This is 4.5 million more than in the same period of 2014. Stabilization of the book market that was evident in the course of the previous year finally led to a moderate recovery. Overall, informative non-fiction books showed the largest improvement in sales with a 15 percent increase in the first quarter. Sales of children's books also demonstrated a significant growth of 9.1 percent. Meanwhile, fiction is selling worse than a year ago, with purchases down by one percent. Non-fiction leisure books saw a drop in sales by 6.5 percent.