B&N's Daunt: 'Books Are Essential'

While total sales have fallen slightly since the outbreak of the new coronavirus at Barnes & Noble, company CEO James Daunt is confident the bookstore chain can continue to be a profitable venture with one provision—that it is allowed to keep its stores open. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-03-19 04:00:00 UTC ]

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Books about the Trump White House are flying off the shelves at Barnes & Noble

2018 is the year people wanted to read about politics. Barnes & Noble reported a 57% surge in sales of political books compared with last year. The sales spike was driven by books that have been selling like wildfire all year long, from Michael Wolff’s "Fire and Fury: Inside the Trump White... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-10-09 00:00:00 UTC ]
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B&N Considering a Sale

Saying it has received interest from multiple parties about making an offer for the company, Barnes & Noble has created a formal review process to evaluate the retailer’s strategic alternatives. Among the parties interested in making an offer for B&N is its founder and chairman Len Riggio. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-03 00:00:00 UTC ]
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Soft Fiction Sales Result in Decline in Mid-September

With fiction sales falling in both the adult and juvenile segments, total sales of print units slipped 1% in the week ended Sept. 23, 2018, compared to the similar week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
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B&N Opens Prototype Store in Maryland

Barnes & Noble's latest prototype store, opening in Columbia, Maryland, today, offers a smaller footprint, contemporary design touches, and booksellers equipped with tablets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-19 00:00:00 UTC ]
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Barnes & Noble Stock Jumps After Investor Ups Stake

After reporting disappointing Q1 results on Thursday, Barnes & Noble saw its stock price jump on Friday following a new investment by Richard Schottenfeld, the head of an eponymous investment firm that took a 5.58% stake in the book chain in July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
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Barnes & Noble plunges as bookseller's sales slide deepens

Barnes & Noble Inc. began its new fiscal year with disappointing results as the turnaround promised by its recently ousted chief proves elusive. Same-store sales at the book and gift seller slipped... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-09-06 00:00:00 UTC ]
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Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Lawsuit reveals takeover bid for B&N by rival 'book retailer'

Barnes & Noble was on the cusp of being sold to another book retailer in June before the deal fell through, it has been revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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Barnes & Noble’s Former CEO, Demos Parneros, Launches Lawsuit Against Bookseller

A late-summer standoff has flared with the US publishing industry's largest–and longest-struggling–brick-and-mortar retail chain. Its former CEO is suing for defamation. The company, in response, alleges sexual harassment. The post Barnes & Noble’s Former CEO, Demos Parneros, Launches... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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Industry Notes: De Gruyter Partnership with Medieval Institute; Cambridge Cites Digital Growth

Western Michigan University's Medieval Institute Publications announces a marketing partnership with De Gruyter, as Cambridge University Press sees digital reaching 'close to 40 percent of total sales.' The post Industry Notes: De Gruyter Partnership with Medieval Institute; Cambridge Cites... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-08 00:00:00 UTC ]
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Investment Group Acquires 5.7% Stake in B&N

The Schottenfeld Management Corp. has acquired over 4.1 million shares of Barnes & Noble and says in a filing that it has already talked to the retailer about actions it can take to improve shareholder value. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-24 00:00:00 UTC ]
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Unit Sales Slump in Mid-July

With print-unit sales falling in all four major categories, total sales in the week ended July 15, 2018, were down 5% compared to the similar week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-20 00:00:00 UTC ]
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B&N Launches New Kids' Program

Barnes & Noble has launched a nationwide program, "Kids' Book Hangout," intended to give young readers ages 6-12 a space to talk about books in its stores while playing games and activities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-09 00:00:00 UTC ]
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Industry Stocks Dipped in First Half of 2018

Neither Barnes & Noble nor the spun-off Barnes & Noble Education have done terribly well in 2018. (Amazon, however, is doing just fine.) Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-06 00:00:00 UTC ]
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Barnes & Noble CEO ouster is latest setback in age of Amazon

Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age

[ Advertising Age | 2018-07-05 00:00:00 UTC ]
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Barnes & Noble fires its CEO Parneros without severance pay

Barnes & Noble has fired CEO Demos Parneros for violating company policies and said he'll exit the post without severance.A spokeswoman declined to say why he'd been terminated. It was "not due to any disagreement with the company regarding its financial reporting, policies or practices or... Continue reading at Advertising Age

[ Advertising Age | 2018-07-04 00:00:00 UTC ]
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B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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Fight or flight

Philip Jones reacts to David Leonhardt's piece on the "death of Barnes & Noble".  Continue reading at The Bookseller

[ The Bookseller | 2018-05-11 00:00:00 UTC ]
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A Record Year for Publishing Stocks—With a Caveat

A year that found four of the 10 companies on the PW Stock Index seeing double-digit stock price increases also saw Barnes & Noble and other big names struggle. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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Barnes & Noble’s best-selling books of 2017 are just so 2017

What do The Handmaid’s Tale, 1984, Rupi Kaur’s stories of survival, and The Subtle Art of Not Giving a F*ck have in common? They are all some of 2017’s best-selling books, according to Barnes & Noble. The bookseller has just released its top-selling fiction and nonfiction titles, and the... Continue reading at Fast Company

[ Fast Company | 2017-12-18 00:00:00 UTC ]
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