The deal between Barnes & Noble and Microsoft gives both companies things they need—B&N receives a much-needed infusion of cash, while Microsoft gets another chance to participate in the consumer digital marketplace. In addition to the $300 million investment Microsoft has made to give it a 17.6% stake in Newco (the temporary name for the new subsidiary created by this partnership), the company will pay $60 million annually for three years as an advance against sales plus $25 million annually for five years to help expand Newco’s international operations, making for a total five-year investment of $605 million. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2012-05-04 00:00:00 UTC ]
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Former Barnes & Noble chair Leonard Riggio, powerhouse of modern bookselling, has died at 83, his family says Continue reading at ABC News
[ ABC News | 2024-08-27 17:25:53 UTC ]
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The story of the sale of a bookstore heiress’s penthouse seems to have ended on a bittersweet note.Stephanie Riggio Bulger, whose father, Len Riggio, is the former chairman of the Barnes & Noble retail chain, has finally found a taker for her four-bedroom duplex condo in Chelsea after two... Continue reading at Crains New York
[ Crains New York | 2024-08-22 15:41:31 UTC ]
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The national bookseller is continuing its comeback this year, with the most openings in a single year since at least 2009. In a news environment filled with gloomy stories about the decline of brick-and-mortar retail, we’ll take the wins where we can get them. Continue reading at Fast Company
[ Fast Company | 2024-08-16 20:13:57 UTC ]
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What do you think of Barnes & Noble's plans surrounding the future of the Tattered Cover? Continue reading at Book Riot
[ Book Riot | 2024-07-31 18:23:52 UTC ]
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The move marks a swift close for B&N’s $1.83 million acquisition bid for the embattled indie, announced last month, which includes four stores in Denver and will allow Tattered Cover to keep its name and branding. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-31 04:00:00 UTC ]
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A new report shows significant increases in Barnes & Noble foot traffic, Amazon may be planning to open department stores, and more. Continue reading at Book Riot
[ Book Riot | 2024-07-02 15:00:00 UTC ]
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The college bookstore operator closed the fiscal year ended April 27, 2024, with a smaller loss than fiscal 2023, new financing, a new CEO, and a new board. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-02 04:00:00 UTC ]
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A new report by a market intelligence firm, whose services include store foot traffic analysis, found that customer visits at Barnes & Noble locations have increased every month but one since November 2023 compared to the prior year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-01 04:00:00 UTC ]
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Following months of uncertainty, B&N will buy the bankrupt but beloved Denver bookstore chain. The four remaining Tattered Cover locations will continue to operate under that name. B&N anticipates that it will retain a majority of the company's 70 employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-18 04:00:00 UTC ]
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Barnes & Noble has announced their best books of the year (so far). Grab your TBR and dive into these books spread across 13 unique categories. Continue reading at Book Riot
[ Book Riot | 2024-06-05 13:00:00 UTC ]
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Barnes & Noble Education has released preliminary financial results that showed company revenue rising 1.5% in the fiscal year ended April 27, 2024, and net loss falling to $63 million, from $90 million a year ago. Total sales were $1.57 billion. B&NE expects to receive final approval... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
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Check out this year's winners of the Barnes & Noble Children's & Young Adult Book Awards (plus, learn about this summer's reading program for kids!) Continue reading at Book Riot
[ Book Riot | 2024-05-14 12:45:00 UTC ]
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For the second time in less than a year, Barnes & Noble Education has reached a last-minute agreement that provides the company with the liquidity it needs to continue to operate. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-17 04:00:00 UTC ]
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These 24 picture book, young reader, and young adult books are the finalists for this year's Barnes & Noble Children's and Young Adult Book Awards. Continue reading at Book Riot
[ Book Riot | 2024-03-27 13:10:40 UTC ]
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Barnes & Noble Education reported higher sales and lower losses in the quarter ended January 27, 2024, but those results were overshadowed by news that the company continues to struggle to find ways to shore up its financial position. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-14 04:00:00 UTC ]
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Barnes and Noble has announced their Book of the Year for 2023 — plus the inaugural winner of their Author of the Year award. Continue reading at Book Riot
[ Book Riot | 2023-11-13 15:03:30 UTC ]
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Barnes & Noble has released the finalists for their Best Books of the Year. The 12 books include a mix of genres and age categories. Continue reading at Book Riot
[ Book Riot | 2023-11-10 20:12:21 UTC ]
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As the bookstore chain mounts a comeback, it’s breaking a cardinal rule of corporate branding and store design: consistency. Continue reading at The New York Times
[ The New York Times | 2023-10-17 15:29:03 UTC ]
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Having secured financing necessary to allow it to revamp its business for fiscal 2024, B&NE has begun what could be one of the most pivotal school years in its history. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-01 04:00:00 UTC ]
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