We don't subscribe to the industry rag but one of our friendly neighborhood reps occasionally brings us a bunch of back issues to see what we're missing.
This is from the 9 November issue:
'St Pancras Foyles arrives late
...Once the £500,000 refit is completed, the 3,500 square foot store will stock some 6,500 titles.'
Hmm. 6,500 titles in a 3,500 square foot shop. That's not much. Based on C&P's capacity which as any visitor would know isn't exactly overburdened with stock that would probably mean they would have room to stock 4 copies of every title. Which would indicate, what with todays 24 hour turnaround on ordering, that they are expecting to sell 3 copies of every book, every day. That's impressive. In fact, let's do some sums.
6500 times 4... carry the 1... times by... erm... divided by.........
Bloody hell! That's a stock turn of just over 273! Well done Foyles! Most of us are happy with 5 and a bit!
Or maybe the Bookseller magazine just got the wrong end of the stick.
Now, where's that subscription form again...
(Disclaimer: This is not a moan at Foyles! They just happen to have been mis-somethinged. Unless they really are only having 6500 titles in 3500 square feet in which case it's going to be dead roomy. Probably loads of sofas to stretch out on. Nice.)
Friday, January 18, 2008
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According to 'Booktrade', Foyles is planning to stock 20,000 books in its 3040sq ft St. Pancras store. That's more like it!
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