Food or Comics | A roundup of money-related news
• Barely two weeks after it eliminated 16 executive positions, Borders Group announced yesterday that it has cut 136 more jobs, or about 12 percent of the corporate workforce, in its Ann Arbor, Mich., headquarters.
“While reducing payroll is never easy and we respect the impact it has on employees and their families, it is one of the necessary steps we must take along with other non-payroll expense reductions to help get this company back on track financially,” CEO Ron Marshall said in a press release. (via GalleyCat)
• At CBR, retailer Brian Hibbs analyzes the Nielsen BookScan figures for 2008, noting, among other things, that Watchmen topped the graphic-novel list by selling 308,396 copies in bookstores. The 28th volume of Naruto was No. 2, with nearly 104,000 copies. Watchmen was the top grosser, too, with $6.1 million, followed by The Complete Persepolis ($1.3 million) and Batman: The Killing Joke ($1.1 million). You should go read the whole thing.
• John Jackson Miller provides more context for January’s direct-market sales figures, comparing them to other years.
• Advertising Age has a video report from New York Comic Con that puts a negative spin on the potential effects “a Kindle-like device” could have on the comics industry: “Could Kindle-like devices put the KABOOM! on the comic-book business? That’s the fear of some publishers who see the handheld digital book readers as a direct threat to their viability.”