Daunt wants Waterstones to move to firm sale model

Daunt wants Waterstones to move to firm sale model

Waterstones boss James Daunt has mooted a move to a firm sale model, as part of an effort to improve the chain's book buying. Speaking at the Independent Publishers Guild’s autumn conference on Tuesday (18th September), Daunt also said he plans to use investment from the chain’s new owners to expand the chain’s stock-holding capabilities from 20,000 to 80,000 titles to make its hub more like Gardners and Bertrams.

Daunt told IPG delegates that Waterstones' plans for expansion involve “overhauling how we buy books”, complaining that the way it currently does business had led to buying "both...

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