Costco plans to halt regular book sales across its U.S. stores from January 2025, opting to sell them solely during the holiday season, The New York Times reported, citing four publishing executives who asked to remain anonymous.

The decision, apparently driven by labor concerns, could impact publishers amidst stagnant print sales and challenges in reaching online customers.

Costco had not yet commented publicly on the matter, as of June 6.

The book publishing industry has experienced significant transformations over the last several years as consumer behaviors change.

The rise of e-books and audiobooks has revolutionized the industry, providing readers with more accessible and convenient options.

Platforms like Amazon’s Kindle and Audible have dominated the market, while traditional print sales have faced stagnation.

Advances in self-publishing platforms — such as Amazon’s Kindle Direct Publishing — have democratized the industry, allowing authors to bypass traditional publishing houses. This shift has empowered writers but also increased competition.

Major publishing houses have undergone mergers and acquisitions to consolidate resources and expand their market presence. Notable mergers include Penguin and Random House in 2013, forming the world’s largest trade book publisher.

Traditional brick-and-mortar bookstores have struggled, with several notable closures, partly due to the rise of e-commerce giants like Amazon.

However, independent bookstores have seen a resurgence, emphasizing community engagement and personalized experiences.

The COVID-19 pandemic initially disrupted the industry, causing delays and logistical challenges. But it also spurred a rise in reading, particularly in digital formats, as people sought entertainment and escape.