A new-look Waterstone's faces intense festive competition, but publishers have most to lose this year

<p>Take a deep breath. September is upon us, and with it the official start of the "Christmas" season--the annual saving grace of the entire UK book industry (or at least its trade denizens). Fortunes and reputations are riding for a fall.</p><p>Retail is on the frontline. On the high street, the newly dominant Waterstone's has pushed ahead with its Ottakar's integration faster than expected. There are still mountains to climb--not least those made up of unreturned stock--but the transition of the Ottakar's shops to the new owner has been handled well. Its new-look trial store in Manchester...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.

Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to thebookseller.com (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now