Mon, 21/03/2011 - 08:57
Foyles has bought Grant & Cutler with the foreign language bookshop moving to the independent's flagship store on Charing Cross Road.
Grant & Cutler had traded on Great Marlborough Street in central London and recently celebrated its 75th anniversary. It stocked more than 40,000 books, DVDs, CDs, games and software...
Fri, 04/03/2011 - 09:20
Foyles flagship bookshop will stock more books on the ground floor and provide easier access for customers when it moves down the road to a site almost twice its current size.
The bookseller announced its plan to move down the street to 107–109 Charing Cross Road on Monday (28th February), after Noved Investment Holdings,...
Thu, 06/01/2011 - 09:04
Foyles c.e.o. Sam Husain is anticipating a "challenging" 2011 due to the tough economic climate, making this prediction in his response to The Bookseller's Christmas Trading survey.
London's largest indie bookseller will also be signing up to Google e-books once it launches in the UK this year, if, as expected...
Sun, 12/12/2010 - 09:45
Bloomsbury has signed up to Google eBooks ready for its launch in the UK next year, as the internet giant confirmed it is in talks with the Booksellers Association ahead of bringing the platform to Europe.
The new cloud-based service enables customers to buy e-books through Google eBooks, participating retailers and publishers...
Mon, 04/10/2010 - 08:30
Foyles is to open a 'booktique' shop at the end of the month, the fifth Foyles bookshop to open in the capital.
The new shop will open at the new retail hub One New Change near St Paul's cathedral on 28th October. The store will have over 6,000 titles in 1,300 sq ft of retail space. Customers will also be able to order from...
Thu, 23/09/2010 - 09:41
Foyles c.e.o. Sam Husain has backed Hachette's decision to switch e-books to the agency pricing model claiming it will "stabilise the market".
Hachette's move to the agency pricing model this week has led to its e-books being removed from websites of Waterstone's, W H Smith, Tesco and The Book Depository, as well as...
Thu, 23/09/2010 - 09:35
Independent bookseller Foyles has increased its operating profit five-fold in the last year (to 30th June) to just under half a million pounds, bucking the trend in the overall market.
Operating profit increased over from £80,625 in the previous year to £434,588. Turnover also grew by 1.9% to £23.1 million and like-for-...
Wed, 06/01/2010 - 08:45
London independent Foyles has joined the majority of other independent bookshops in recording strong Christmas trading figures, with all but one of its top 10 Christmas bestsellers sold at full price....
Wed, 09/09/2009 - 10:14
Foyles made a pretax operating profit of just over £80,000 during the 12 months to 30th June 2009, reversing the loss of £115,000 made the previous year. Foyles also revealed that its online sales now account for 7% of total sales, and that it intends to expand its flagship Charing Cross store.
The company's results...
Mon, 06/07/2009 - 07:40
Foyles' head of buying Kate Gunning is to leave the independent bookshop after a restructure of its middle management. Sam Husain, chief executive of Foyles, said that the "rationalisation" was prompted by a desire to "maximise efficiencies and reduce costs" during the "challenging economic conditions". Husain...