Monday, January 3, 2011

Rowman & Littlefield Halts Shipments to Borders

Trachtenberg, WSJ: "The fallout from Borders Group Inc.'s decision to halt payments to some publishers began over the weekend, as a leading distributor said it would temporarily stop shipping books to the retail chain. The chief executive of Rowman & Littlefield Publishing Group Inc., which publishes its own titles and distributes books for several hundred publishers through its National Book Network, said in an interview the company was taking the step to look out for its clients. 'When a customer of that size calls you up and says you aren't getting a check, that's a piece of information you have to act on,' said Jed Lyons, CEO of Rowman & Littlefield. ... "