Costco Plans To Stop Selling Books Year-Round
An anonymous reader quotes a report from the New York Times: In a blow to publishers and authors, Costco plans to stop selling books regularly at stores around the United States, four publishing executives who had been informed of the warehouse retailer's plans said on Wednesday. Beginning in January 2025, the company will stop stocking books regularly, and will instead sell them only during the holiday shopping period, from September through December. During the rest of the year, some books may be sold at Costco stores from time to time, but not in a consistent manner, according to the executives, who spoke anonymously in order to discuss a confidential business matter that has not yet been publicly announced. Costco's shift away from books came largely because of the labor required to stock books, the executives said. Copies have to be laid out by hand, rather than just rolled out on a pallet as other products often are at Costco. The constant turnaround of books -- new ones come out every Tuesday and the ones that have not sold need to be returned -- also created more work. The decision could be a significant setback for publishers at a moment when the industry is facing stagnant print sales and publishing houses are struggling to find ways to reach customers who have migrated online. Costco had already stopped selling books in some markets, including Alaska and Hawaii. While Costco may not be as critical of an outlet as a bookstore like Barnes & Noble, its influence is also evident in the large quantities it orders. When Costco chose to carry a book, "it often went big, ordering tens of thousands of copies at a minimum," says the report. "For major blockbusters, they might stock hundreds of thousands of copies of a single title." "The change may also impact Costco customers, particularly those who live in areas without a bookstore. And because many books at Costco were impulse buys, some of those sales may not shift over to Amazon or Barnes & Noble. Instead, they might not happen at all."
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