We’re used to struggling at this time of year, because sales fall off until the autumn, while we still have large amounts owed to publishers for the January/February textbook orders (the boost in trade thanks to student book sales in January pays for our Christmas stock).
However, this year we are finding it much more difficult than usual to scrape by. Sales at the start of the year have perhaps not been as good as usual, plus we suffered badly with the power cuts on Bold Street over the Christmas period. Various building repairs cropped up this winter, none major in themselves, but they all add up.
As the summer progresses, things will get easier to manage, simply because we are now ordering less, so by then we will owe publishers much less - but right now several publishers have put us ‘on stop’ so that we cannot order anything from them until we bring our payments up to date. Several more are likely to do so soon.
Can you help?
CREDIT LOANS - which get repaid in books (or other stock), so essentially you are paying in advance for future purchases
INTEREST FREE LOANS - long term or to be repaid later in the year, or as otherwise arranged
DONATIONS - big and small, all very gratefully received
BANK STANDING ORDERS - small regular donations, or could be credit loan as above. Download Standing Order Form (pdf format)
And not forgetting the simplest way to support us, to buy your books etc from us & to recommend us to friends, family and co-workers! Download our leaflet (pdf format)
News From Nowhere is a not-for-profit workers’ co-operative - the workers get near-miniumum wage according to hours worked, but no other remuneration from the business. Your support goes directly into keeping the bookshop going.
Thank you!