Pulp fact for Penguin returns

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Penguin has stopped selling its returns to bargain and remainder bookshops in response to criticism from independent booksellers aired in The Bookseller last year (4th June and 16th July, 1999).</p><p>

The publisher, which is now pulping books that are not fit for return into the general trade, denied that the policy change had been costly. But some estimates put the lost revenue at up to &pound;1m a year.</p><p>

Sales and marketing manager Andrew Welham admitted that the decision was made after independents complained that local bargain outlets were selling Penguin titles at extremely ...

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