Word: displays
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Harvard University Press, whose sales have fallen approximately 10 percent this past year, closed its 61-year-old display room in the Holyoke Center on June 30 after its yearly lease expired at the end of May, according to HUP sales director Susan Donnelly...
...display room's three staffers took the University's early retirement incentive package, Donnelly said, and the third was fired this summer as part of the 275 University-wide layoffs...
Donnelly explained that the display room has always been a net loss for HUP, but it was a cost that they were willing to subsidize until now. She said publishers have been dealt a “double-whammy” by the financial crisis and the transition to digital media...
...display room’s costs consisted of rent and staff salaries, according to Donnelly. In addition to the display room worker who was laid off, HUP fired three staffers in marketing, two in editorial, and one in design—a total of seven layoffs. But HUP is not planning on reducing publishing output, Donnelly emphasized...
...display room had featured a full bookcase of Greek and Latin works from the Loeb Classical Library, as well as other nationally renowned titles...