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(The following is a news item posted on the Raincoast Blog at http://blogs.raincoast.com it was emailed to you using the Tell A Friend feature.) Click here to read the full item: http://blogs.raincoast.com/weblog/raincoast-gets-back-to-basics/ Press Release (Vancouver January 7, 2008) Raincoast Books announced today a comprehensive plan to focus on its core business operations. In the wake of 2007’s appreciation of the Canadian dollar, Raincoast reduced suggested retail prices by 20%.  Now Raincoast is moving to control costs. Starting today, the company will be streamlining business operations and focusing exclusively on its long-term distribution partners and wholesale business. This marks a return to Raincoast’s original, and very successful, business model. The major elements of the… ...