Shock and mixed reactions as trade absorbs Foyles news

Shock and mixed reactions as trade absorbs Foyles news

Publishers, agents and other booksellers have expressed widespread shock at the news on Friday (7th September) that Waterstones has bought Foyles. Many expressed concerns that Foyles might lose its own special identity in the buy-out, leading to less variety on the high street; but others speaking to The Bookseller were confident that Foyles had found itself the "best possible" new home.

Those sounding a warning note included agent Lucy Luck of C+W, who noted:”This is a surprise and I hope Foyles will be able to keep its identity and autonomy within the Waterstones family since it offers s...

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