Kaplan at I-Deal Books says business has been so good this past year that the company has had to triple office and warehouse space and hire more staff. It's a boon to our international business, too. Albert Haug of Book Club of America notes that Assorted Books has gone out and Smithmark will soon stop dealing in remainders. Once inventory backs up on you, you're dead. It's a vicious circle.
Remainders lose their value as quickly as flowers.
It's hard to survive. You've got to buy big and sell everywhere. Press believes that his company and Book Sales, run by Mel Shapiro, considered by many the industry's patriarch, are the two largest bargain book firms in the world. Other than that, there is nothing new to say. Among the challenges facing players in the bargain book world are greater technological requirements for order-taking and fulfillment, making it more costly to compete in the top ranks.