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	<title>Hide-a-Book.com &#187; book sales trends</title>
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		<title>Recession Fuels Demands for Romance Novels?</title>
		<link>http://hideabook.com/recession-fuels-demands-for-romance-novels</link>
		<comments>http://hideabook.com/recession-fuels-demands-for-romance-novels#comments</comments>
		<pubDate>Wed, 08 Apr 2009 20:39:03 +0000</pubDate>
		<dc:creator>Shanna</dc:creator>
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		<category><![CDATA[book sales trends]]></category>

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		<description><![CDATA[The New York Times posted an article online today titled &#8220;Recessions Fuels Readers&#8217; Escapist Urges&#8221;.  I&#8217;m not sure I completely agree with the premise of this article. The romance genre has always enjoyed strong sales and I think that people are lessing willing to cut back their spending on books when it gives them a [...]]]></description>
			<content:encoded><![CDATA[<p><strong><img class="alignleft size-thumbnail wp-image-251" title="rainbow-bookshelf" src="http://hideabook.com/wp-content/uploads/2009/04/rainbow-bookshelf-150x150.jpg" alt="rainbow-bookshelf" width="150" height="150" />The New York Times</strong> posted an article online today titled <a title="NY Times" href="http://www.nytimes.com/2009/04/08/books/08roma.html?pagewanted=1&amp;_r=2" target="_blank">&#8220;Recessions Fuels Readers&#8217; Escapist Urges&#8221;</a>.  I&#8217;m not sure I completely agree with the premise of this article. The romance genre has always enjoyed strong sales and I think that people are lessing willing to cut back their spending on books when it gives them a lot of enjoyment at a relatively small cost. I don&#8217;t think anyone is deliberately going out and buying romance novels to take themselves away from having to think about their dwindling 401ks.  Here&#8217;s an excerpt of the article, you read the full text <a title="NY Times Romance Novel Article" href="http://www.nytimes.com/2009/04/08/books/08roma.html?pagewanted=1&amp;_r=2" target="_blank">here</a>.</p>
<blockquote><p>In a recession, what people want is a happy ending.</p>
<p>At a time when booksellers are struggling to lure readers, sales of romance novels are outstripping most other categories of books and giving some buoyancy to an otherwise sluggish market.</p>
<p>Harlequin Enterprises, the queen of the romance world, reported that fourth-quarter earnings were up 32 percent over the same period a year earlier, and Donna Hayes, Harlequin’s chief executive, said that sales in the first quarter of this year remained very strong. While sales of adult fiction overall were basically flat last year, according to Nielsen Bookscan, which tracks about 70 percent of retail sales, the romance category was up 7 percent after holding fairly steady for the previous four years.</p>
<p>At Barnes &amp; Noble, the country’s largest book chain, where its chief financial officer, Joe Lombardi, recently warned that overall 2009 sales were likely to fall between 4 percent and 6 percent, sales of romance novels are up. And in the first three months of this year Nielsen Bookscan tracked a 2.4 percent rise in romance sales compared with a slight decline in sales of general adult fiction for the same period. Those figures may underestimate the demand for romance, since a significant portion of sales come from retailers like Wal-Mart that are not tracked by Bookscan.</p>
<p>Like the Depression-era readers who fueled blockbuster sales of <a title="More articles about Margaret Mitchell." href="http://topics.nytimes.com/top/reference/timestopics/people/m/margaret_mitchell/index.html?inline=nyt-per">Margaret Mitchell</a>’s “Gone With the Wind,” today’s readers are looking for an escape from the grim realities of layoffs, foreclosures and shrinking <a title="More articles about 401(k)'s and similar Plans." href="http://topics.nytimes.com/your-money/retirement/401ks-and-similar-plans/index.html?inline=nyt-classifier">401(k)</a> balances.</p></blockquote>
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