[aisle] Scholastic Book Fair Fuel Surcharge Meeting

[Ranftl, Kelly]

Hi Jordan,
I learned about it during my phone meeting with my Book Fair rep.

On Mon, Oct 17, 2022 at 2:40 PM Jordan Adams via AISLE <
aisle at list.railslibraries.info> wrote:

> How did you become aware of the fuel surcharge?
>
> On Mon, Oct 17, 2022 at 2:36 PM Ranftl, Kelly via AISLE <
> aisle at list.railslibraries.info> wrote:
>
>> Hi Fellow Librarians,
>> Scholastic Book Fairs lit an angry fire under me when they explained the
>> fuel surcharge they are applying to book fairs. I did my research, replied
>> (see below), and Scholastic Book Fairs Leadership is now asking me to have
>> a phone meeting regarding my "strong feelings". If you also have "strong
>> feelings" about the fuel surcharge or would like to share how it is
>> impacting your school/students, please let me know. I would love to share
>> your concerns with Scholastic leadership.
>> ~Kelly Ranftl
>>
>> My email to Scholastic:
>> Dear xxxxx,
>> Our problem is with the unjust practice of a BILLION dollar company
>> essentially charging schools to run your fairs. Scholastic is NOT a mom &
>> pop shop struggling with inflation. The fuel charge is about company
>> bigwigs making more cash. I find it greedy and immoral for business
>> owners to nickel and dime schools and children, especially when the
>> company has had record-breaking earnings the previous year.  Scholastic
>> is not in financial trouble, as the quotes below prove.
>>
>> "Scholastic recorded significant revenue and operating income gains in
>> both reporting periods, led by increased in-person book fairs and record
>> revenue-per-fair levels in the U.S. book fairs channel, as well as
>> strong demand for the Company's educational offerings."
>>
>> "...Board of Directors also approved a 33% increase in its regular
>> quarterly cash dividend to $0.20 per share from $0.15 per share on the
>> Company's Class A and Common Stock for the first quarter of fiscal 2023."
>>
>>
>> Citation:
>>
>> Scholastic Corporation. “Scholastic Reports Fourth Quarter and Fiscal
>> 2022 Results Led by Record Revenue per Fair Levels and Strong Education
>> Solutions Sales.” *SCHOLASTIC REPORTS FOURTH QUARTER AND FISCAL 2022
>> RESULTS LED BY RECORD REVENUE PER FAIR LEVELS AND STRONG EDUCATION
>> SOLUTIONS SALES*, 21 July 2022,
>> https://www.prnewswire.com/news-releases/scholastic-reports-fourth-quarter-and-fiscal-2022-results-led-by-record-revenue-per-fair-levels-and-strong-education-solutions-sales-301591281.html
>>
>>
>> Durkin Park has decided to go with a book fair company that has similar
>> offerings, similar prices, better rewards structure, and most importantly,
>> is not charging a fuel surcharge to ANY school as a cash grab. Feel free
>> to forward my email to Sasha Quinton, President of Book Fairs, who made
>> $1,697,980 in total compensation in 2022.
>>
>> Source:
>> https://www.salary.com/tools/executive-compensation-calculator/sasha-quinton-salary-bonus-stock-options-for-scholastic-corp?year=2022
>>
>> I know I am not the only one canceling book fairs due to this cash grab.
>> Librarians across multiple Facebook groups are livid, and many small-town
>> and low-income school librarians are feeling this surcharge hit their book
>> budgets. My hope is that if the people in charge realise what they are
>> doing to schools is WRONG, a change will be made.
>>
>> --
>> All the best,
>> Kelly Ranftl
>> Durkin Park Library Information Specialist
>> Pronouns: She/Her/Hers
>> klranftl at cps.edu
>> Support my Classroom with Donors Choose: Early Childhood Storytellers
>> <https://www.donorschoose.org/project/early-childhood-storytellers/6810970/?utm_source=dc&utm_medium=directlink&utm_campaign=project&utm_term=teacher_2587578&rf=directlink-dc-2022-09-project-teacher_2587578&challengeid=20495476>
>> <klranftl at cps.edu>“Any book that helps a child to form a habit of
>> reading, to make reading one of his needs, is good for him.”
>>  – Maya Angelou
>>
>> MAILMAN_MIMEDEFANG
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>
>
>
> --
> *Jordan Adams, *MLIS
> RCMS School Librarian
>
>
> *Currently Reading:*
>
> MAILMAN_MIMEDEFANG
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-- 
All the best,
Kelly Ranftl
Durkin Park Library Information Specialist
Pronouns: She/Her/Hers
klranftl at cps.edu
Support my Classroom with Donors Choose: Early Childhood Storytellers
<https://www.donorschoose.org/project/early-childhood-storytellers/6810970/?utm_source=dc&utm_medium=directlink&utm_campaign=project&utm_term=teacher_2587578&rf=directlink-dc-2022-09-project-teacher_2587578&challengeid=20495476>
<klranftl at cps.edu>“Any book that helps a child to form a habit of reading,
to make reading one of his needs, is good for him.”
 – Maya Angelou
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