[aisle] Scholastic Book Fair Fuel Surcharge Meeting

Tue Oct 18 08:50:29 CDT 2022

I've used Anderson's in the past at my old school and they were amazing.
Not as high tech and the big fairs, but the personal touch made up for it.
I'm planning to call them today since Chicago Public Schools hasn't fully
approved Literati yet.

On Tue, Oct 18, 2022, 8:38 AM Timmons, Heather via AISLE <
aisle at list.railslibraries.info> wrote:

> If you've left Scholastic, who are you using?  I know of Anderson and
> Literati.  When I called Literati I was told they do NOT do a fair for
> middle school, K-5 only.  Would love suggestions.
> Thanks
>
> On Tue, Oct 18, 2022 at 7:55 AM Marsha Stewart via AISLE <
> aisle at list.railslibraries.info> wrote:
>
>> Dear Kelly,
>>
>> I agree with you wholeheartedly. I left Scholastic several years ago
>> because of their practices. The company made it clear that I was a small
>> fish and they didn't need to work with me. Thanks for speaking out.
>>
>> 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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>>
>>
>>
>> --
>> *Marsha Stewart*
>> *Librarian*
>>
>> The Ancona School <http://www.anconaschool.org/>
>>
>> 4770 S. Dorchester Ave.
>>
>> Chicago, IL 60615
>>
>> mstewart at anconaschool.org <frede at anconaschool.org>
>>
>>
>>
>>
>> ------------------------------
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>>
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