While lounging at the bookstore today, browsing through the tables of "Was $25, now $3.99" books, I wondered... who takes the loss on these huge discounts? The publisher has sent the books to the bookstore, but I know the bookstore can get its money back if it returns the books to the publisher. But if the bookstore instead sells them at what I presume is a loss, is it the bookstore that takes the hit? Or does the publisher somehow not get its full price?
Basically, I'm just hoping it's not the author, but I have a bad feeling...
My two cats send a wary greeting to Killer Yapp and wish him a pleasant afternoon, as far away from them as possible.
Killer Yapp is safely passed out cold on the sofa after a busy day at Grandmother Snark's gnawing on roast beast and fetching a red rubber ball that seemed to always be bouncing around (silly humans, losing things, you don't notice poodles losing their toys).
I think I know the answer to this but I'm going to foist it off on Ben at BleakHouse for his podcast.
Ben...would you school us all on remainders?