Blackwell's Acquires Waterstones Bookshop At The University
Date posted: 30 May 2013
Blackwell's Bookshops has today confirmed that it is to take over the operation of Waterstones bookshop at the University of Derby's Kedleston Road site from the 1st June 2013.
Britain's leading academic bookseller now plans to acquire more shops over the next year as the company continues to outperform the market.
While many bookshops are being forced to close their doors, Blackwell's is looking to expand its portfolio of shops which serve 56 higher education institutions across England, Scotland, Wales and Northern Ireland.
Following the recent announcement of the closure of their Library Services Decision, the move reaffirms Blackwell's strategy to focus on Bookshop and Digital opportunities, decentralising operations and giving authority back to local managers and their teams in order to return the business to profitability and ultimately to deliver a John Lewis style employee partnership scheme.
Blackwell's has confirmed that the current University of Derby Waterstones bookshop team will continue to work at the shop after it changes hands.
David Prescott, Blackwell's CEO said. 'We are delighted to announce our new bookshop at the University of Derby. Our discussions with the University have showed that they are a progressive and forward thinking institution and we are excited to be working with them on developing services which benefit the students as well as the University and ourselves.
'I'm particularly pleased that we have been able to retain the bookselling skills and experience of the current Bookshop team. We look forwards to welcoming them into the Blackwell's fold.'
Hari Punchihewa, Deputy Chief Executive and Finance Director at the University of Derby, said: "Blackwell's reputation in the academic world is second to none so we are delighted to welcome them to Derby. Having them located at the heart of our primary site affirms our ongoing commitment to provide the best possible range of services and facilities to our students."