Barnes & Noble net income falls by one quarter

Written By: Graeme Neill Publication Date: Tue, 22/02/2011 - 15:14 Net income at Barnes & Noble fell by 25% to $60.6m (£37.5m) during its Christmas trading quarter, the US retailer has revealed. For the 13 weeks to 29th January, total sales at the bookseller increased by 7% to $2.3bn (£1.4bn) . Like for like sales on barnesandnoble.com were up 64% on 2010 and like for like store sales increased by 7.3%. However, like for likes at its college stores were down 2.2% on last year, which the retailer attributed to poor weather delaying the typical student rush season to February. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-02-22 00:00:00 UTC ]
News tagged with: #total sales #retailer attributed #29th january #bookseller increased #college stores

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