Barnes & Noble Digital Sales Quadruple, Retail Sales Decline

Bookseller and newsstand provider Barnes and Noble had a strong first quarter with its digital content, sales in that channel quadrupled. Though digital sales have had some tenacious growth, sales at retail decreased by more than $25.7 million or 3 percent. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2011-08-31 00:00:00 UTC ]
News tagged with: #digital sales #digital content

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US trade urges Daunt to be independent in spirit to revive ailing Barnes & Noble

After Elliott Advisors’ takeover of Barnes & Noble in August, the firm sought the man who turned Waterstones around to right its US acquisition. But what exactly is in James Daunt’s in-tray in New York? Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 05:47:49 UTC ]
More news stories like this | News stories tagged with: #elliott advisors #barnes noble #james daunt


Barnes & Noble Will Seek to Dismiss Ex-CEO’s Defamation Claim

If successful, the move for summary judgment would narrow the scope of any future trial, B&N attorneys say, and more importantly knock out a claim for which former CEO Demos Parneros is said to be seeking roughly $70 million in damages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #defamation claim #barnes noble #summary judgment #bn attorneys


WH Smith to buy second US travel retailer; High Street book sales fall 5%

WH Smith has announced it is to buy US indie travel retailer Marshall Retail Group (MRG) for $400m. Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 21:24:24 UTC ]
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Sourcebooks Posts Double Digit Six Month Sales Gain

Unit sales rose 24% in the first six months of 2019 over the comparable period in 2018, while revenue increased 26% at Sourcebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-10 04:00:00 UTC ]
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PRH Posts Double-Digit Gains in Sales, Earnings in First Half of '19

Driven by a number of acquisitions and hundreds of bestselling books, profits at Penguin Random House jumped 33.0% in the first half of 2019 over the comparable period in 2018 and revenue rose 11.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling books #penguin random house


What Happened to Barnes and Noble and What’s in Store for the Chain

A quick update on the tumultuous recent history of Barnes and Noble, and where the bookstore chain might be headed under new ownership. Continue reading at Book Riot

[ Book Riot | 2019-08-27 10:33:29 UTC ]
More news stories like this | News stories tagged with: #bookstore chain


Cengage faces fresh lawsuit from authors over digital sale royalties

Textbook authors who claim Cengage has not paid them correct royalties for sales from its digital services have filed a class action lawsuit against the publisher. Continue reading at The Bookseller

[ The Bookseller | 2019-08-13 21:55:01 UTC ]
More news stories like this | News stories tagged with: #textbook authors #digital services


US press assesses 'literary tastemaker' Daunt's arrival at Barnes & Noble

The US press has been assessing the likely impact of James Daunt as the Waterstones boss prepares to take over Barnes & Noble. Continue reading at The Bookseller

[ The Bookseller | 2019-08-08 12:59:50 UTC ]
More news stories like this | News stories tagged with: #james daunt #barnes noble


Can Britain’s Top Bookseller Save Barnes & Noble?

James Daunt fought Amazon and rescued the country’s biggest bookstore chain. Now comes Chapter 2. Continue reading at The New York Times

[ The New York Times | 2019-08-08 10:00:05 UTC ]
More news stories like this | News stories tagged with: #bookstore #bookseller


Elliott deal for Barnes & Noble goes through, Daunt heads to New York

Waterstones owner Elliott Advisors has completed its $683m (£537m) acquisition of US book giant Barnes & Noble following approval by the majority of shareholders. Continue reading at The Bookseller

[ The Bookseller | 2019-08-06 20:14:18 UTC ]
More news stories like this | News stories tagged with: #barnes noble


A British Indie Bookstore Owner Holds Barnes & Nobles’ Fate In His Hands: Critical Linking, July 25th, 2019

Critical Linking, a daily roundup of the most interesting bookish links from around the web is sponsored by Libro.FM. “Despite ... Continue reading at Book Riot

[ Book Riot | 2019-07-25 10:30:48 UTC ]
More news stories like this | News stories tagged with: #critical linking #july 25th #daily roundup #bookstore


EDC Has First Quarter Decline in Sales and Earnings

Total revenue at Educational Development Corp. dropped 8% in the first quarter of fiscal 2020, to $27.6 million, from the comparable period a year ago. Earnings, meanwhile, fell from $1.8 million a year ago to $1.3 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-24 04:00:00 UTC ]
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Barnes & Noble shareholders to consider Elliott offer as details of bid revealed

Barnes & Noble has issued shareholders with a formal tender offer after rebuffing a further bid from US book distributor Readerlink, made after an initial deadline following the agreement with Ellliott Advisors had passed. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 12:42:15 UTC ]
More news stories like this | News stories tagged with: #barnes noble


IVP Reports Double-Digit Sales for 2019

IVP has increased its sales over 16% from last year with a mix of old and new bestsellers, a new distribution partnership, and Amazon’s marketing services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #distribution partnership #marketing services


Win A $250 Barnes & Noble Gift Card!

We’ve got a $250 gift card for Barnes & Noble up for grabs, courtesy of Macmillan’s eDeals Newsletter! The Macmillan ... Continue reading at Book Riot

[ Book Riot | 2019-07-02 20:30:47 UTC ]
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What’s the Next Chapter for Barnes & Noble?

A hedge fund wants to buy the bookstore chain for $683 million, including debt. Will the deal work? Experts from Wharton and elsewhere share their insights. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2019-06-18 18:09:27 UTC ]
More news stories like this | News stories tagged with: #barnes noble #hedge fund #$683 million #including debt #bookstore chain


Readerlink misses midnight deadline for rival Barnes & Noble bid; Elliott offer stands

US distribution giant Readerlink LLC has missed the midnight deadline for a rival bid to Waterstones owner Elliott Advisors Ltd for Barnes & Noble, but could still propose a counter-offer.  Continue reading at The Bookseller

[ The Bookseller | 2019-06-14 19:27:47 UTC ]
More news stories like this | News stories tagged with: #barnes noble


Trade figures welcome Barnes & Noble deal

Trade figures have largely welcomed the news that Waterstones boss James Daunt will become c.e.o. of both Waterstones and Barnes & Noble, after Elliott Advisors (UK) Limited bought the US chain in a $683m deal. But a warning has been sounded that some consequences of the deal - which marks... Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 07:57:43 UTC ]
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Elliott to buy Barnes & Noble; Daunt will run both chains

In a seismic shift for the book trade, Elliott Advisors (UK) Limited have entered into a definitive agreement to acquire Barnes & Noble in an all-cash transaction valued at approximately $683m (£537m), including the assumption of debt. Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 06:45:26 UTC ]
More news stories like this | News stories tagged with: #seismic shift #book trade #definitive agreement


Daunt to split time between London and New York in Barnes & Noble deal

James Daunt will split his time between London and New York after Waterstones' parent Elliott Advisors (UK) announced that it had agreed to acquire the giant US bookseller Barnes & Noble for $683m. Continue reading at The Bookseller

[ The Bookseller | 2019-06-08 16:19:54 UTC ]
More news stories like this | News stories tagged with: #james daunt