British bookstore chain Waterstone's sold to A&NN

BookBrowse News - The Full Story

British bookstore chain Waterstone's sold to A&NN

May 20 2011

HMV Group has sold British bookstore chain Waterstone's to A&NN Group for 53 million (UK pounds).

Waterstones was established in 1982 by Tim Waterstone and currently employs about 4500 staff mainly in the UK but also in parts of Europe. Waterstones bought the Ottakar's and Dillons bookshops after becoming a subsidiary of the HMV Group in 1998.

The HMV Group also owns London bookseller Hatchards and Irish store Hodges Figgis. It is not clear whether these are part of the sale to A&NN.

Update 5/23/2011: Publishers celebrate that Waterstones will continue to be a high street presence - summed up by Penguin UK CEO Tom Weldon who told The Sunday Telegraph, "Bricks and mortar retailers are clearly the shop window. All publishers have an interest in the financial security of Waterstone's. And publishers need to help Waterstone's in any way they can..."

More News Stories

One-Month Free Membership

Discover your next great read here

Join Today!

Editor's Choice

  • Book Jacket
    Ghachar Ghochar
    by Vivek Shanbhag
    The Bengaluru (aka Bangalore) that has dominated economic news headlines over the past decade is the...
  • Book Jacket: Caught in the Revolution
    Caught in the Revolution
    by Helen Rappaport
    So taken were BookBrowse's First Impression reviewers by the inside look at the start of the Russian...
  • Book Jacket: Hillbilly Elegy
    Hillbilly Elegy
    by J.D. Vance
    In this illuminating memoir, Vance recounts his trajectory from growing up a "hillbilly" in ...

Book Discussion
Book Jacket
The Atomic Weight of Love
by Elizabeth J. Church

In the spirit of The Aviator's Wife, this resonant debut spans from World War II through the Vietnam War.

About the book
Join the discussion!

First Impressions

  • Book Jacket

    Lola
    by Melissa Scrivner Love

    An astonishing debut crime thriller about an unforgettable woman.
    Reader Reviews

  • Book Jacket

    Our Short History
    by Lauren Grodstein

    Lauren Grodstein breaks your heart, then miraculously pieces it back together so it's stronger, than before.
    Reader Reviews

Who Said...

Be sincere, be brief, be seated

Click Here to find out who said this, as well as discovering other famous literary quotes!

Word Play

Solve this clue:

O My D B

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.

 
Modal popup -