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Ottakar's renamed its stores for the Harry Potter launch. James Heneage established the Ottakar's chain in 1987, taking inspiration from The Adventures of Tintin book King Ottokar's Sceptre. He saw a lucrative market in small towns that lacked a Waterstones branch and opened stores in Loughborough, Brighton, Banbury, Salisbury and Trowbridge.
On 31 May 2006, Waterstones announced that it had successfully negotiated the takeover of Ottakar's. HMV chief executive Alan Giles said: "A combined Waterstones and Ottakar's business will create an exciting, quality bookseller, able to respond better to the increasingly competitive pressures of the retail market."
all stores were rebranded as Waterstones in 1999 Ottakar's United Kingdom: bought out by HMV, rebranded as Waterstones in 2006 Amazon Books United States: physical stores closed in 2022 Borders United States: defunct 2011 Cokesbury United States: physical stores closed in 2012; continued as online retailer Brentano's United States
Despite Heneage and others attempting a management buyout, [2] [3] the chain was sold to the HMV Group, then owner of Waterstones, in 2006. Ottakar’s was well known in the book trade for the high morale and commitment of its staff, considered "more like a religious cult than a business".
Waterstones has come under fire for sacking a bookseller who claimed she would “tear up and bin” an author’s novel over their gender-critical views.. Book influencer and Waterstones employee ...
The Waterstones Children's Book Prize is an annual award given to a work of children's literature published during the previous year. First awarded in 2005, the purpose of the prize is "to uncover hidden talent in children's writing" and is therefore open only to authors who have published no more than two or three books, depending on which category they are in. [1] The prize is awarded by ...
Waterstones then announced that it had successfully negotiated a takeover of Ottakar's on 31 May 2006. [28] All 130 Ottakar's shops were rebranded as Waterstones prior to Christmas 2006. In March 2007, new group CEO Simon Fox announced a 10% reduction over three years in the enlarged Waterstones total shop space, comprising mostly dual location ...
HMV acquired the larger Waterstones chain in 1998, and the following year the Dillons brand ceased to exist as a separate entity when the branches were rebranded as Waterstones. [11] A remainder were sold on to the smaller chain Ottakar's, which itself was later taken over by Waterstones in 2006.