
This month in publishing, booksellers have taken the spotlight, with Waterstones announcing their first year of profit since the 2008 financial crash. In fact, Bookstore sales rose 2.5% in 2016 and Amazon is determined to get in on the action, with plans to open 10 books and mortar stores across the US by the end of 2017, in a move to “solve digital retail’s biggest design flaw.” They are also rumoured to be scouting for shops in London. However, the footing is not even: Amazon has been given tax cuts while high street stores suffer – though, as the FT points out, UK tax law isn’t actually Amazon’s fault… [READ MORE]