Amazon shares which books are being read and sold the most through its newly launched Amazon Charts

Amazon shares which books are being read and sold the most through its newly launched Amazon Charts

 

A reimagined bestseller list that shares how we read today

SEATTLE, 2017-May-19 — /EPR Retail News/ — Amazon today (May 18, 2017) launched Amazon Charts, a reimagined weekly bestseller list that shares which books are being read the most and which books have sold the most across all formats each week. The Top 20 Most Read is the first ever bestseller list to measure the books millions of Amazon.com customers are really reading and listening to by looking at the average number of daily Kindle readers and Audible listeners. The Top 20 Most Sold list ranks the most books sold, pre-ordered or borrowed each week from Amazon.com, Audible.com and Amazon Books. Amazon Charts include data across all reading formats – whether books are bought or borrowed, listened to or read – to accurately reflect how readers are really reading and buying books today. To see which books made the inaugural Top 20 Most Read and Top 20 Most Sold fiction and nonfiction Amazon Charts, visit: www.amazon.com/charts.

“When friends make a book recommendation, they recommend books they are really reading and loving,” said David Naggar, vice president, Amazon. “Many well-known bestseller lists today add, remove, or re-rank books based on editorial considerations and customers have asked for a bestseller list that is based on reading engagement and sales data, rather than an opinion-based list of what books they should be paying attention to. We’re excited to give book lovers Amazon Charts to help them discover their next great read.”

Key Amazon Charts features include:

  • What’s really being read: Amazon Charts Top 20 Most Read is the first list to rank books by the average number of daily Kindle readers and daily Audible listeners each week – giving customers the opportunity to see what’s actively being read or listened to every week.
  • What’s really being bought or borrowed: Amazon Charts Top 20 Most Sold ranks books according to the number of copies sold and pre-ordered through Amazon.com, Audible.com and Amazon Books stores and books borrowed from Amazon’s subscription programs such as Kindle Unlimited, Audible.com, and Prime Reading.
  • The stories behind the books: When exploring Amazon Charts, readers can browse fun insights into how other readers are reacting to each book. From which books were Most Anticipated according to the rate of customer pre-orders, to which Kindle books were simply Unputdownable, according to how quickly customers read a book from cover to cover.

“Amazon Charts is exactly what we need,” said Patricia Cornwell. “Exciting and forward thinking, it will accurately represent what people are reading and investing their time into.”

Customers can now also stay up to date on what the latest trending books are with Amazon Charts on Alexa. Whether you are heading out the door to start your commute or have your hands full while packing for an upcoming flight, Alexa makes it easy to stay informed and find your next book. Just say, “Alexa, what are the most popular books this week?” to learn about books on this week’s Amazon Charts.

To learn more and see which books made the inaugural Top 20 Most Read and Top 20 Most Sold fiction and nonfiction Amazon Charts visit: www.amazon.com/charts.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

Media Hotline:

206-266-7180
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

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Apple CEO Tim Cook announced the billionth sold iPhone

Cupertino, California, 2016-Aug-02 — /EPR Retail News/ —At an employee meeting in Cupertino this morning, CEO Tim Cook announced that Apple recently sold the billionth iPhone.

“iPhone has become one of the most important, world-changing and successful products in history. It’s become more than a constant companion. iPhone is truly an essential part of our daily life and enables much of what we do throughout the day,” said Cook. “Last week we passed another major milestone when we sold the billionth iPhone. We never set out to make the most, but we’ve always set out to make the best products that make a difference. Thank you to everyone at Apple for helping change the world every day.”

Press Contacts:

Trudy Muller
tmuller@apple.com
(408) 862-7426

Alex Kirschner
alexkirschner@apple.com
(408) 974-2479

Apple Media Helpline:

media.help@apple.com
(408) 974-2042

Source: Apple

PREIT: Beaver Valley Mall up for sale; Washington Crown Center in Washington, PA and office building at Voorhees Town Center sold

PHILADELPHIA, 2016-Jul-19 — /EPR Retail News/ — PREIT (NYSE: PEI) announced that it continues to drive the quality of its portfolio to new heights having executed agreements of sale and received non-refundable deposits for the sale of Washington Crown Center in Washington, PA and the office building it retained at Voorhees Town Center.  Details including pricing and proceeds will be made available upon closing.  The transactions are subject to customary closing conditions and are expected to close before the end of the third quarter of 2016.

The Company also continues to press forward with optimizing its property portfolio and has decided to market Beaver Valley Mall for sale.   In addition to this, PREIT continues its focus on remerchandising and redevelopment opportunities that maximize the appeal to shoppers.  This effort includes introducing sought after and new-to-portfolio tenants, proactively replacing department stores and capitalizing on opportunities to redevelop high quality assets to drive future growth.

“We are looking toward our future with optimism as we continue to transform our platform with our fourteenth lower-productivity mall now under contract,” said Joseph F. Coradino, CEO of PREIT. “It has been a top priority for PREIT to improve our portfolio so we can deliver strong operating results and allocate capital into our higher-quality assets that are expected to translate into superior risk-adjusted returns for our shareholders.”

Washington Crown Center, located in Washington, PA, is anchored by Bon-Ton, Macy’s, Gander Mountain and Sears.  As of March 31, 2016, the property generated sales per square foot of $318 and non-anchor occupancy of 87.9%.

The decision to market Beaver Valley Mall was made following the pivotal announcement from Shell Chemical that it is moving forward with development of a multi-billion dollar petrochemical complex just a mile and a half from the mall, which will bring several thousand jobs to the region.   This development presents an opportunity to maximize the value of the property upon sale while preserving capital for other investments.

PREIT, through continued execution of its robust transformation agenda, has generated proceeds in excess of $645 million and has driven over 20% sales growth since June 2012.

About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls.  Headquartered in Philadelphia, Pennsylvania, the company owns and operates over 25 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region’s top MSAs. Since 2012, the company has driven a transformation guided by an emphasis on balance sheet strength, high-quality merchandising and disciplined capital expenditures. Additional information is available at www.preit.com, on Twitter or LinkedIn.

Forward Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts. These forward-looking statements reflect our current views about future events, achievements or results and are subject to risks, uncertainties and changes in circumstances that might cause future events, achievements or results to differ materially from those expressed or implied by the forward-looking statements. In particular, our business might be materially and adversely affected by uncertainties affecting real estate businesses generally as well as the following, among other factors: our substantial debt, stated value of preferred shares and our high leverage ratio; constraining leverage, interest and tangible net worth covenants under our 2013 Revolving Facility, our 2014 Term Loans and our 2015 Term Loan; potential losses on impairment of certain long-lived assets, such as real estate, or of intangible assets, such as goodwill, including such losses that we might be required to record in connection with any dispositions of assets; changes to our corporate management team and any resulting modifications to our business strategies; our ability to refinance our existing indebtedness when it matures, on favorable terms or at all; our ability to raise capital, including through the issuance of equity or equity-related securities if market conditions are favorable, through joint ventures or other partnerships, through sales of properties or interests in properties, or through other actions; our ability to identify and execute on suitable acquisition opportunities and to integrate acquired properties into our portfolio; our partnerships and joint ventures with third parties to acquire or develop properties; our short- and long-term liquidity position; current economic conditions and their effect on employment, consumer confidence and spending and the corresponding effects on tenant business performance, prospects, solvency and leasing decisions and on our cash flows, and the value and potential impairment of our properties;  general economic, financial and political conditions, including credit market conditions, changes in interest rates or unemployment; changes in the retail industry, including consolidation and store closings, particularly among anchor tenants; the effects of online shopping and other uses of technology on our retail tenants;  our ability to sell properties that we seek to dispose of or our ability to obtain estimated sale prices; our ability to maintain and increase property occupancy, sales and rental rates, in light of the relatively high number of leases that have expired or are expiring in the next two years; acts of violence at malls, including our properties, or at other similar spaces, and the potential effect on traffic and sales;  increases in operating costs that cannot be passed on to tenants; risks relating to development and redevelopment activities which could be subject to delays or other risks and might not yield the returns we anticipate; concentration of our properties in the Mid-Atlantic region; changes in local market conditions, such as the supply of or demand for retail space, or other competitive factors; and potential dilution from any capital raising transactions.  Additional factors that might cause future events, achievements or results to differ materially from those expressed or implied by our forward-looking statements include those discussed in our most recent Annual Report on Form 10-K and in any subsequent Quarterly Report on Form 10-Q in the section entitled “Item 1A. Risk Factors.” We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.

CONTACT:
Heather Crowell
SVP, Corporate Communications and Investor Relations
(215) 454-1241
heather.crowell@preit.com

SOURCE: PREIT