Booksellers' woes appear to extend as far as Australia, where chain bookseller Collins Booksellers is on the ropes - they've stopped ordering books and can't pay publishers what they owe.
Three of the company's Melbourne stores - at Chadstone, Doncaster and Southland - have closed recently and all the remaining stores are undertaking an extraordinary stocktake. Collins has also cancelled its Mother's Day catalogue, even though it is the biggest retail period of the year after Christmas.
Collins managing director David Dean sent an email to suppliers last week cancelling all back orders, including all April and May new releases.
He has told suppliers the company is keen to trade its way out of difficulty, but suppliers have told The Australian they will continue to refuse to send new stocks until their bills have been paid -- which will require a big cash injection.
Eemmm. The chainstore thing is not a big deal for fans of serious writing though - I was just pointing out the rarefied selection of lit titles to my daughter in K-Mart on Saturday. Big woo for Charlie McCourt...!
Collins may be OK, they may trade out of it. There is much angst about the bastard Borders store in one of our university inner city suburbs, it's over the road from a longstanding independent bookstore which is still thriving despite the incursion. No need to ask which one I patronise...
I am ashamed to admit however that I purchased three of Kureishi's novels for half-price last week - in a real bookstore ( not Collins). That is simply evil behaviour, isn't it.
Posted by: genevieve | April 01, 2005 at 05:48 AM
...I meant Frank McCourt of course.
Posted by: genevieve | April 01, 2005 at 06:31 PM