Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a net loss of $118.6 million, down significantly from the already poor showing it posted in 2012 when it lost $56.9 million in Q4. For the year, that put Barnes and Noble's losses at $154.8 million -- more than double what it lost in 2012. Revenues have dropped both at retail outlets and its Nook digital business by $105 million and $56 million, respectively year-over-year. For its e-reader and ebook arm, that represents a 34 percent drop from Q4 2012. The bad news there is that device sales have declined dramatically and, while content sales were up for the year, in the fourth quarter they fell by 8.9 percent. Barnes and Noble attributes the year-over-year fall in sales to be attributed to the lack of blockbuster titles. In Q4 2012 revenues were boosted by juggernauts like Fifty Shades of Grey and The Hunger Games. Going forward Barnes and Noble wants to significantly cut its losses on the struggling Nook business. To do that the company will be partnering with an as yet unnamed third party to manufacture and co-brand its tablet line. The Nook line of e-readers will continue to be designed and built in-house, but the retailer will be looking beyond its Manhattan office walls for... Continue reading at 'Engadget'
[ Engadget | 2013-06-25 00:00:00 UTC ]
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Barnes & Noble has released their list of the best books of 2022. The list includes everything from memoirs to dystopian novels. Continue reading at Book Riot
[ Book Riot | 2022-10-10 14:26:02 UTC ]
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Writers sounded the alarm after learning Barnes & Noble stores would only be stocking hardcovers with proven sales records. Here's more on what this means. Continue reading at Book Riot
[ Book Riot | 2022-08-19 15:26:28 UTC ]
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The annual Barnes & Noble sale is underway and offering 50% off some of the most popular books this year. Continue reading at Book Riot
[ Book Riot | 2022-08-12 16:55:39 UTC ]
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Ranging from middle grade fantasy to adult literary fiction and romance, here are Barnes & Noble's top 10 books of 2022 so far. Continue reading at Book Riot
[ Book Riot | 2022-06-07 13:23:38 UTC ]
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A Virginia lawyer and state delegate has filed a restraining order against Barnes & Noble for carrying GENDER QUEER. Continue reading at Book Riot
[ Book Riot | 2022-05-19 11:23:55 UTC ]
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The Barnes & Noble preorder sale applied to print books, ebooks, and audiobooks. Here are some big name titles coming out soon to preorder now. Continue reading at Book Riot
[ Book Riot | 2022-04-20 19:56:32 UTC ]
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To independent booksellers, the enormous chain was once a threat. Now it’s vital to their survival. And it’s doing well. Continue reading at The New York Times
[ The New York Times | 2022-04-15 09:00:20 UTC ]
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Barnes & Noble finally has a direct answer to Amazon's purchase of Audible. The bookseller has launched a B&N Audiobooks service in the US that lets you either buy recordings or pay $15 per month for a subscription that offers one recurring monthly credit. You'll have access to more than... Continue reading at Engadget
[ Engadget | 2022-04-07 16:21:47 UTC ]
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After seeing growth last year, B&N CEO James Daunt says the trajectory has changed for America's largest bricks-and-mortar bookseller. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-04 05:00:00 UTC ]
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Fable, a mobile platform for online book clubs that launched in early 2021, has announced $20 million in Series A funding, which will used to expand the company's services, such as the recently launched club with 'Lord of the Rings' actor Sean Astin. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-11 05:00:00 UTC ]
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Approximately one year after Barnes & Noble CEO James Daunt tapped Emily Meehan to reinvent the retailer’s publishing operation, Meehan has unveiled a new name for the company and a host of new initiatives. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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Why Antonin Dvorak’s prediction about American classical music didn’t come true. Continue reading at The Washington Post
[ The Washington Post | 2021-12-10 13:00:00 UTC ]
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Barnes & Noble names their Book of the Year and a Speculative Book of the Year. Continue reading at Book Riot
[ Book Riot | 2021-11-18 14:57:13 UTC ]
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Randon Billings Noble discusses her path to essay writing, current reading life, the anthology editing process, and what's next in her career. The post Witch + Spy = Essayist: The Millions Interviews Randon Billings Noble appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2021-11-17 11:00:36 UTC ]
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Having taken the reins at Faber & Faber in April, Mary Cannam was able to report record turnover and profit in its most recent results—but there remains plenty of work to do, she says. Continue reading at The Bookseller
[ The Bookseller | 2021-11-09 02:22:31 UTC ]
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8 books, ranging from memoir to pizza czar, history for young readers and lyrics by legends, are the finalists for B&N's Book of the Year. Continue reading at Book Riot
[ Book Riot | 2021-10-28 12:00:00 UTC ]
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Here are Barnes & Nobel's Top Books of 2021. Their top 10 is really a top 11 and we can't blame them. Continue reading at Book Riot
[ Book Riot | 2021-10-14 13:56:34 UTC ]
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James Daunt has hailed a rise in sales at American bookseller Barnes & Noble following changes he introduced after being appointed as its c.e.o. in 2019. Continue reading at The Bookseller
[ The Bookseller | 2021-08-27 02:05:18 UTC ]
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Elliott Management, which acquired Barnes & Noble in September 2019, has reached an agreement to buy the stationery retailer Paper Source. B&N CEO James Daunt will add oversight of Paper Source to his responsibilities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-12 04:00:00 UTC ]
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The latest installment in MIT’s Twelve Tomorrows series toggles between utopian and dystopian. Continue reading at The Washington Post
[ The Washington Post | 2021-05-10 12:00:00 UTC ]
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