The Bookseller - News - 'Softening retail demand for children's books' sees Scholastic revenues dip but book fairs thrive
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Scholastic revenues declined by 6% year on year according to its latest set of quarterly results, due in part to a “softening retail demand for children’s books”, which impacted trade sales in the US and major international markets, however it noted improved profitability of its book fairs.
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