The Book People

The Book PeopleMain

Community hub

The Book People

7 pages, 0 posts

0 subscribers

Recent from talks

Be the first to start a discussion here.

Recent from talks

Be the first to start a discussion here.

Contribute something

About hubMembersContent overviewUpdatesRules

Main reference articles

The Book People

View on Wikipedia

from Wikipedia

The Book People Ltd was a UK online bookseller founded in 1988. The company went into administration in 2019 and was formally dissolved in 2022.

Key Information

Industry	Retail Book sales
Founded	26 August 1988; 37 years ago (1988-08-26)
Founders	Ted and Nicola Smart
Defunct	March 2, 2022 (2022-03-02)
Products	Books

History

[edit]

The Book People started business in 1988, initially in the Guildford, Surrey area. It expanded rapidly, and by 1990 the company had 140 distributors around the country.^[1] A mail-order catalogue was followed by an online store in 1998. In 2002 the company opened offices in Haydock, Merseyside and, with part funding by the Welsh Government, a customer service centre and warehouse in Bangor.^[2]

In 2007, The Book People won the Direct to Consumer Bookselling Company of the Year Award at the Bookseller Retail Awards. The company's founder Ted Smart received the Random House Group Award for Outstanding Contribution to Bookselling.^[3]

A management buy-out of the company took place in 2014, with support from Endless LLP, a UK-based equity investor. By February 2016 the company was employing over 600 staff.^[4]

On 17 December 2019, the BBC reported that The Book People had gone into administration.^[5] PricewaterhouseCoopers (PwC) were appointed administrators, with the company continuing to trade while Endless LLP looked for a buyer. In August 2020 the company name was changed to TBP Realisations Limited. No buyer was ultimately found, and the company was formally dissolved in March 2022.^[6]

Business activities

[edit]

The Book People ordered titles in bulk directly from publishers and suppliers, forgoing the right of return.^[7]

In conjunction with Scholastic the company hosted online bookshops for Channel 4's TV Book Club, CITV's Bookaboo, and the Big Book Babble programme.^[8] Between 2008 and 2014 it hosted a biennial Queen of Teen award for authors of teen fiction. Winners were Louise Rennison (2008), Cathy Cassidy (2010), Maureen Johnson (2012) and Juno Dawson (2014).^[9]

References

[edit]

^ About Us by Book People, 2016.
^ "> Business > Book People to create 180 jobs in North Wales". News Wales. Retrieved 2013-08-02.
^ Blackwell takes awards crown by Graeme Neill, thebookseller.com, 21 September 2007. Archived at Internet Archive.
^ "Failure Page". Wck2.companieshouse.gov.uk. Archived from the original on 2012-03-24. Retrieved 2013-08-02.
^ "The Book People goes into administration". 2019-12-17. Retrieved 2019-12-18.
^ "TBP Realisations Limited". Companies House. Retrieved 12 August 2022.
^ Book People Promise by Book People, 2016.
^ "Big Book Babble". Big Book Babble. 2013-01-22. Retrieved 2013-08-02.
^ "Queen of teen 2014". Queen of Teen. Book People. Archived from the original on 2016-03-18.

Revisions and contributors Edit on Wikipedia Read on Wikipedia

View on Grokipedia

from Grokipedia

The Book People was a British discount bookseller known for its online platform and pop-up shops in workplaces, schools, and public venues, offering hand-picked books at reduced prices to promote reading accessibility.^[1]^[2] Founded in 1988 by book enthusiasts Ted Smart and Seni Glaister in Godalming, Surrey, the company began as a mail-order service and evolved into a specialist retailer focusing on bulk sales to organizations and direct-to-consumer online offerings.^[3]^[4] Its business model emphasized affordability and convenience, partnering with publishers for exclusive deals and distributing to non-traditional retail spaces like offices and events.^[5] In 2014, The Book People was acquired by private equity firm Endless LLP in a management buyout valued between £10 million and £20 million, which aimed to support expansion amid growing online competition.^[6]^[7] However, facing intense pressure from e-commerce giants like Amazon, the company struggled with declining revenues and entered administration on 16 December 2019 under PwC oversight, putting nearly 400 jobs at risk.^[2]^[1] Despite initial hopes for a buyer to rescue the operations, administrators wound down the business in early 2020, resulting in over 150 redundancies and the cessation of trading; the company's website was deactivated, confirming its liquidation and out-of-business status.^[8]^[9]^[10] At its peak, The Book People employed around 393 staff and had become the UK's largest independent book retailer by volume, but its closure highlighted challenges in the physical and pop-up retail sectors.^[10]^[7]

History

Founding

The Book People was founded in 1988 by Ted Smart and Seni Glaister in Godalming, Surrey, England, initially operating as a mail-order bookseller from Smart's kitchen table and garage.^[11]^[6] The venture emerged from Smart's experience in the publishing industry, where he recognized an opportunity to bring books to consumers who rarely visited traditional bookstores, targeting families and general readers with affordable options.^[11] The company's early operations emphasized direct-to-consumer sales, bypassing retail intermediaries and their associated overheads to keep prices low.^[11] Starting small, it relied on catalog-based mail orders to distribute remaindered and overstock titles, building a model centered on accessibility rather than high-end literary selections.^[12] At its core, The Book People's mission was to source discounted books directly from publishers, enabling significant price reductions for everyday consumers.^[11] This approach involved negotiating bulk purchases at 80-90% off publisher list prices, often for large print runs that provided stability to suppliers.^[11] A key principle underpinning these deep discounts was the commitment to "firm orders" with no return rights, meaning the company accepted full responsibility for unsold stock to secure favorable terms from publishers.^[11] This risk-sharing strategy not only lowered costs but also fostered strong relationships with the publishing industry from the outset.^[11]

Expansion and diversification

Following its founding, The Book People experienced rapid growth in the early 1990s, expanding its distribution network to 140 local distributors across the UK by 1990, which enabled broader reach into workplaces and institutions.^[4] This scaling built on the company's initial direct-sales model, allowing it to serve thousands of offices, factories, and schools with discounted book collections delivered via sales representatives.^[11] In 1998, the company launched its online store, complementing its established mail-order catalogue and marking an early pivot to e-commerce that broadened accessibility beyond physical distributions.^[3] By the early 2000s, operations had diversified geographically with the opening of key facilities, including a main distribution plant in Haydock, Merseyside, and a customer service center and warehouse in Bangor, North Wales—the latter supported by grants from the Welsh Assembly Government and the Welsh Development Agency to facilitate regional investment and job creation.^[11]^[13] The company's workforce peaked at around 600 employees by the mid-2010s, supporting multi-site operations across the UK, including sites in Godalming (headquarters), Haydock, Bangor, and Coventry.^[14] To further diversify revenue, The Book People introduced pop-up shops in non-traditional settings such as schools, businesses, and events, alongside bulk sales tailored to corporate and institutional buyers, which accounted for a significant portion of its direct-to-consumer model.^[15]^[1] These initiatives solidified its position as a versatile bookseller, emphasizing affordability in both physical and emerging digital channels.^[11]

Management changes and later developments

In 2014, The Book People underwent a management buyout led by CEO Seni Glaister, who acquired the stake from co-founder Ted Smart with financial backing from private equity firm Endless LLP in a deal valued at approximately £15 million.^[16] This transaction transitioned the company from a founder-led operation to an investor-backed structure, injecting capital for working needs and expansion initiatives while retaining Glaister's significant shareholding.^[16]^[6] Post-buyout, leadership emphasized strategies to address competition from dominant online retailers like Amazon, including a sharpened focus on the company's niche in bulk book sales to corporate clients, schools, and events, alongside enhancements to its e-commerce infrastructure and distributor network of over 300 self-employed agents.^[16] These efforts aimed to differentiate through value-oriented offerings in a saturated market, coupled with cost-control measures to navigate rising operational expenses.^[16] By 2019, amid ongoing economic pressures, the workforce had contracted to approximately 393 employees, indicative of targeted downsizing to streamline operations.^[1] The firm grappled with internal hurdles, including escalating costs from publishers and intensifying market saturation in direct-to-consumer book distribution, which compounded capital constraints and a challenging trading landscape in the late 2010s.^[17]^[18]

Administration and dissolution

On 16 December 2019, The Book People entered administration, with PricewaterhouseCoopers (PwC) appointed as joint administrators.^[2] The company cited intense competition from online retailers like Amazon, a challenging economic environment exacerbated by Brexit uncertainties, and an estimated £30 million shortfall in assets as key factors leading to the collapse.^[19]^[20] The administration process immediately jeopardized nearly 400 jobs across the company's Surrey headquarters and warehouses in Bangor and Haydock.^[1] Initial redundancies affected 155 employees in January 2020, with further cuts following as operations wound down.^[8] Despite efforts to secure a buyer, none emerged for the brand or core business, leading administrators to sell assets including £7 million in stock and a £2.7 million warehouse property in North Wales.^[9]^[20] Trading ceased by Easter 2020, and the company owed approximately £21.1 million to unsecured creditors, primarily publishers and suppliers, with only £600,000 available for distribution.^[19] The formal dissolution of the entity, renamed TBP Realisations Limited during administration, occurred on 2 March 2022, marking the end of all operations.^[21]

Business operations

Sales and distribution model

The Book People's sales and distribution model centered on bulk purchasing titles directly from publishers and suppliers, forgoing the standard right of return to secure substantial discounts of up to 80% off the recommended retail price, which were then passed on to customers to emphasize affordability and high-volume sales over high margins.^[12]^[22]^[23] This approach allowed the company to avoid traditional retail markups associated with physical bookstores, instead focusing on direct-to-consumer channels that prioritized scale and efficiency.^[24] Distribution relied entirely on non-traditional methods, with no permanent physical stores; instead, the company fulfilled orders through online sales (accounting for approximately 70% of total revenue) and mail-order from centralized UK warehouses, supplemented by temporary pop-up events at workplaces, schools, and other institutional sites to facilitate on-site purchases.^[1]^[8] These pop-ups targeted bulk buyers such as businesses and educational institutions, enabling direct sales without intermediaries and promoting impulse or group purchases at discounted rates.^[1] Logistically, the model was supported by a headquarters in Godalming, Surrey, which handled administrative and procurement functions, alongside key fulfillment warehouses including a major facility in Bangor, Gwynedd, and regional depots such as one in Haydock, Merseyside, to ensure efficient nationwide delivery across the UK.^[8]^[3] This setup minimized overheads while enabling rapid processing and shipping, with the company committing to stock large volumes in-house to maintain inventory control and support its discount-driven strategy.^[12]

Products and services

The Book People primarily offered discounted new books across a wide range of genres, including fiction bestsellers and classics, non-fiction titles such as biographies, history, and self-help books, as well as children's literature encompassing picture books, early readers, and young adult fiction.^[10]^[25] The company also expanded its inventory to include educational resources like workbooks and activity books, alongside non-book items such as stationery, journals, planners, calendars, and book-related gifts to diversify its revenue streams.^[10]^[25] In addition to individual purchases, The Book People provided bulk packs and multi-buy deals tailored for schools, libraries, businesses, and events, often featuring boxed sets of multiple titles at further reduced prices to support educational or corporate needs.^[26] These offerings complemented the company's overall bulk discount model, enabling cost-effective acquisitions for institutional buyers.^[10] The retailer frequently ran seasonal promotions and curated themed collections, such as summer sales with up to 86% off on books and gifts, holiday reading bundles, or special editions like corporate gift sets, to align with customer occasions and boost sales during peak periods.^[27]^[25]

Customer engagement and partnerships

The Book People's core customer base consisted primarily of schools, businesses, and individual bulk buyers seeking discounted books in volume.^[28] By 2004, the company had grown to serve over 2.5 million customers, reflecting its success in targeting institutional and organizational buyers through direct marketing channels.^[29] This focus on accessible, affordable literature helped build long-term relationships with educational institutions and corporate offices, where bulk purchases supported literacy initiatives and employee perks. To enhance engagement, The Book People formed partnerships with television programs, creating dedicated online bookshops tied to popular shows. For instance, it collaborated with CITV's Bookaboo in 2009, providing promotional book selections aligned with the program's reading encouragement themes. These tie-ins extended the company's reach by leveraging TV audiences to drive online sales and foster interest in specific genres, such as children's literature. A key initiative for reader engagement was the Queen of Teen award, which The Book People sponsored and ran annually from 2008 to 2014.^[30] This prize celebrated outstanding young adult authors, with winners selected by teen voters to promote diverse voices in YA fiction and encourage widespread reading among adolescents.^[31] Past recipients included Louise Rennison and Cathy Cassidy, highlighting the award's role in spotlighting feisty, relatable storytelling that resonated with young readers.^[30] The company further strengthened customer interactions through pop-up sales at offices, schools, and events, where temporary displays allowed direct browsing and impulse purchases.^[15] These on-site promotions, often featuring deep discounts on overstock titles, created immediate engagement opportunities and built community ties by bringing books into everyday environments like workplaces and educational gatherings.^[23]

Recognition and legacy

Awards and achievements

In 2007, founder Ted Smart received the Random House Group Award for Outstanding Contribution to Bookselling, honoring his role in pioneering accessible book distribution and transforming how affordable reading materials reached non-traditional markets.^[32] Smart's efforts were credited with expanding the reach of publishers like Random House by leveraging direct-to-consumer channels that bypassed conventional retail constraints. From 2008 to 2014, The Book People sponsored and hosted the biennial Queen of Teen award, a prestigious prize celebrating outstanding contributions to teen fiction by recognizing authors who excelled in engaging young readers.^[31] This initiative, judged by a panel of teenagers and supported by the company, boosted brand visibility through high-profile events and media coverage, with winners including Meg Cabot in 2008, Maureen Johnson in 2010, and Juno Dawson in 2014.^[33] The award underscored The Book People's commitment to youth literacy and diverse voices in young adult literature. Throughout the 2000s, The Book People earned additional industry nominations for its innovative approach to affordable book distribution, including shortlistings at the Bookseller Retail Awards for categories emphasizing direct sales efficiency and customer accessibility.^[34] These recognitions affirmed the company's impact on democratizing book purchasing during a period of rapid expansion in non-retail channels.

Industry impact and closure effects

The Book People played a significant role in democratizing access to books in the UK by offering discounted titles through direct sales models, thereby challenging the higher pricing prevalent in traditional high-street retailers. By 2004, the company was selling 15 million books annually to over 2.5 million customers, with projected turnover reaching £65 million that year, which helped broaden readership among families, schools, and businesses seeking affordable options.^[29] The company's innovative bulk sales approach, particularly through pop-up events in educational and corporate settings, influenced the development of similar models across the UK book trade, encouraging competitors to adopt direct-to-consumer strategies for overstock and promotional titles. This focus on volume-driven, low-margin sales to institutions like schools—where it distributed millions of children's books yearly—helped establish bulk purchasing as a viable channel for publishers to clear inventory and reach underserved markets.^[3] The closure following its entry into administration in December 2019 had notable repercussions for the UK publishing ecosystem. The company owed approximately £21.1 million to unsecured creditors, primarily publishers and suppliers, creating significant financial disruptions and straining relationships in the supply chain as only £600,000 was expected to be recoverable for them.^[19] This led to 155 job losses, many in logistics and distribution roles critical to the publishing sector, exacerbating pressures on an industry already facing retail challenges.^[8] Furthermore, the dissolution of the brand in 2022 left a void in affordable bulk book options, particularly for children's titles, with trade experts warning of potential long-term ramifications for the children's book market due to reduced demand from a major volume buyer.^[35] Although Retail Ecommerce Ventures acquired the brand's assets in 2020 with plans for an online revival, these efforts did not sustain the entity, culminating in its formal dissolution on 2 March 2022, with the brand remaining inactive as of 2025.^[36]^[21]

Info Pages

Talk Pages

Special Pages

The Book People

Recent from talks

Recent from talks

Contribute something

Contribute something

Media Pages

Timelines

Articles

Notes collections

Notes

Notes

Days in Chronicle

The Book People

Key Information

History

Business activities

References

The Book People

History

Founding

Expansion and diversification

Management changes and later developments

Administration and dissolution

Business operations

Sales and distribution model

Products and services

Customer engagement and partnerships

Recognition and legacy

Awards and achievements

Industry impact and closure effects

References

Add your contribution

Related Hubs

Contribute something