Thread regarding Follett layoffs

Time to pack our bags...

Looks like Follett pulled the final straw! What major retailer gets sued by its top 3 suppliers? As if Follett already had a bad enough rep within its own ranks, now the outside publishers all know us for the steaming pile of garbage we are. Enough is enough!

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| 3237 views | | 19 replies (last July 8, 2017) | Reply
Post ID: @OP+NUtiSmv

19 replies (most recent on top)

I thought there was a Supreme Court decision that importing books from Asia was legal. http://www.npr.org/sections/thetwo-way/2013/03/19/174757355/supreme-court-oks-discounted-resale-of-gray-market-goods

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Post ID: @gdkg+NUtiSmv

And the band played on

great book

great refernce

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Post ID: @7hbv+NUtiSmv

That you tube video was funny.

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Post ID: @7xof+NUtiSmv

Stupid

Follett is choosing to keep buying counterfeit books, because they can be sold at a greater discount than publisher stock.

I wonder what the colleges, students and faculty will think?

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Post ID: @7mqh+NUtiSmv

https://www.youtube.com/watch?v=_RcVzevWX4U

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Post ID: @6sob+NUtiSmv

Follett is at war with its vendors AND employees. How can they succeed?

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Post ID: @5mqr+NUtiSmv

Follett values strike again.

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Post ID: @3ist+NUtiSmv

See if I have this right. Follett is putting continued access to counterfeit books over relationships with publishers? Do their lawyers see some outcome where they win in this lawsuit?

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Post ID: @3idm+NUtiSmv

when we do buyback we go by isbn. international editions have different isbn. so, if we have them in course tracks as a valid isbn then we buy it for wholesale but not for our own book adoption. if they didny load in the bad isbn we wouldnt buy them.

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Post ID: @2ryn+NUtiSmv

You can read the full complaint that was filed here. There's a list of titles at the end of the document. http://www.infodocket.com/wp-content/uploads/2017/06/cengage_follett.pdf

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Post ID: @2rsp+NUtiSmv

How about, Follett is buying books from sources that are actually copying the books and binds them to look similar to the originals. Read the articles, this is what the publishers stated, they have already found counterfeit books in Follett's possession, the question is how negligent was Follett. Once Follett provides the source of the books, that cat is out of the bag. I was laid off in December so no difference to me what happens, but the publishers would not do this unless they had a strong case and bargaining position.

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Post ID: @1cuc+NUtiSmv

They're not counterfeit.. they are international editions.. same lower quality paper ..

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Post ID: @1far+NUtiSmv

Actually if you read the news stories it is pretty easy to figure out. Follett is buying books overseas that are counterfeit. Ever wonder why books overseas are so much less expensive. If you have been paying attention to digital media rights, countries like India and China do not enforce them. In addition they are buying from other counterfeit sources here. Publishers want the names of the sources/vendors from Follett so they can go after them. Follett will lose this lawsuit and likely settle soon. Follett needs these publishers more than the publishers need Follett.

https://www.edsurge.com/news/2017-06-22-major-textbook-publishers-sue-follett-over-counterfeit-sales

This quote from the publishers sum this up.

"When asked what went sideways with the Follett negotiations, Oppenheim replied, “Some businesses understand they have to abide by ethical and legal standards, and other business like Follett believe that the laws don’t apply to them.”

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Post ID: @1gpv+NUtiSmv

Too bad they rif'ed and drove off our knowledge base that know exactly what this is.

I know let's hire some more VP's!

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Post ID: @1usb+NUtiSmv

You have seen them in your stores. You just didn't recognize the counterfeit books.

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Post ID: @1yhw+NUtiSmv

I believe they are probably talking about instructor editions. Professors get them for free. Then sell them at buyback to FHEG or third party. Then Follett buys them and sells them as used books. Actually Barnes and noble does this, as do other college bookstores.

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Post ID: @1mrw+NUtiSmv

Publishers need to start with school libraries who allow students to copy needed pages out of textbooks. I have caught students using their phones to photo pages & made them stop telling them it is a copyright law they will not break in my store. Don't understand how Follett is to blame for this one.

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Post ID: @1gcx+NUtiSmv

i was wondering the same thing. i have never seen/noticed anything like this. i was wondering if this meant professors making copies, that we are to police and report??

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Post ID: @1zqj+NUtiSmv

I don't really understand the lawsuit. Counterfeit textbooks? How? How would one know? Have you seen this in your stores? I know I have seen so-called "international editions" of textbooks online. Is this the same thing?

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Post ID: @1mzk+NUtiSmv

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