Friday, October 30, 2009

Price wars again

Wal-Mart, Amazon Limiting Discounted Purchases

Reprinted with permission of
Publishers Weekly

Plans by independent booksellers to buy the 10 November titles being offered at steep discounts by Wal-Mart, Target and Amazon have been foiled by the big box retailers who are limiting the number of books one customer can buy. According to the Wall Street Journal, Wal-Mart is limiting purchases to two copies per customer, Amazon has a three-copy limit and Target five. There has been lots of discussion in bookseller forums about buying quantities of titles at the big box retailers as a protest to the discounting policies, but also as way to get a better margin since the 10 books would be cheaper to buy from the stores than from the publishers.