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Booksellers gift publishers with lower returns.

Returns across the publishing trade are expected to be lower or level with early 2003 as a result of more careful stock management. Waterstone's said the implementation of its Phoenix Version 9 system would mean returns were down on early 2003. Despite the problems with W H Smith's Retek system, the...

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Published in:Bookseller no. 5111; p. 12
Format: Article
Published: Bookseller Media Ltd 1/16/2004
Subjects:
Publishing
Rate of return
Booksellers & bookselling
Expected returns
Management
Book industry
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