Blackwell’s asks for 'promotional rebate' from publishers

Blackwell’s asks for 'promotional rebate' from publishers

Bookseller Blackwell’s has written to a number of academic and trade publishers and their distributors, seeking an additional 7% discount in order to become profitable. The move follows a "strategic review" of the business, with the retailer indicating that what it described as "high street headwinds" have slowed its progress towards profit, despite increasing sales for a third year in a row. However, some trade players have said they will not accept a change in terms.

The letter reads: "Increasing costs of doing business, including rates and minimum wage increases, have meant that we are ...

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