Weaker book market dents Waterstone's

Falling sales of celebrity biographies and travel books have hit high street bookshop Waterstone’s, the firm’s owner said today.

Waterstone’s parent HMV said like-for-like sales at its bookstore arm were down 4.5% in the last 16 weeks of its financial year, a further slide from the 3.8% fall it experienced across the 12 months.