Bertelsmann leaves the club as retail book arm closes

Gerrman media giant Bertelsmann, part owner with Pearson of Big Five behemoth Penguin Random House, is reportedly closing its direct-to-consumer book sales business in Europe, Der Club, and its few retail bookstore premises. According to the Wall Street Journal report, “The company’s retail locations as well as the online store, branded under the ‘Der Club’ label, […]

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