John Darkin: High price to pay for cheap books

This New Zeland Herald Article takes a look at publishers and book sellers.

He says According to the business statistics organisation, Euromonitor International, book sales in the United States were in decline up to 2002. A prime reason was that cover prices had increased significantly. In making sense of that, we have to wonder if publishers, in order to meet the high discounts demanded by Wal-Mart, have been forced to increase their cover prices.


The book trade in New Zealand will change irreversibly should it ever face a Wal-Mart type onslaught. Fair trade will be supplanted by free trade if one giant retail buyer can distort the market. If it is allowed to happen, the book-buying public will be the losers.