Waterstones is the UKās last remaining national high street bookseller, with more than 290 stores throughout the country and branches in Ireland. Retail Week provides news, analysis, features and opinion about Watersones and the books and gifts sector.
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Waterstones is close to appointing several investment banks to help oversee a float on the London stock exchange that would value the retailer at approximately Ā£2bn.
Last year delivered the first meaningful sales volume growth in years, but retail is hankering after the growth rates it had back in 2016. The ONS numbers also showed a surprising boom in ābooks, newspapers and periodicalsā sales
Bookseller Waterstones has pledged to continue to invest āin our teams, our shops and our infrastructureā, after reporting surging full-year profits and sales.
Waterstones owner Elliott Management is close to hiring bankers to work on a multi-billion-pound listing of the bookseller.
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