Barnes & Noble retail group CEO sells shares

Mitchell Klipper, CEO of Barnes & Noble Inc.'s retail group, which includes its bookstores but not its Nook unit, sold about 67% of his shares of the company, according to an SEC filing late Monday.Mr. Klipper sold a total of about 400,996 shares for between $13.99 and $14.53 per share.He had about 598,371 shares as of July 17, according to FactSet, equivalent to a 1% stake in the company.Barnes & Noble is in a transition period following the departure of CEO William Lynch. It is reviewing its strategy related to its Nook ebook readers, which it invested heavily in as consumers increasingly turn online to buy books.In its most recent quarter, its net loss nearly doubled and revenue fell nearly 9% to $1.33 billion.Barnes & Noble's shares fell 22 cents to $14.10 in Tuesday morning trading after going as low as $13.84. Continue reading at 'Crains New York'

[ Crains New York | 2013-08-27 00:00:00 UTC ]
News tagged with: #retail group #transition period #strategy related #invested heavily #buy books #recent quarter #net loss #revenue fell

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Kindle Share of E-book Reading at 55%

At the end of June, Amazon’s Kindle family of reading devices was used to read ebooks by 55% of ebook buyers, according to figures compiled by Bowker Market Research. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-11-09 00:00:00 UTC ]
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Brazil: As “Sophisticated as the US and UK,” says Penguin CEO

This week's issue of PublishNews Brazil features an interview with Penguin CEO John Makinson, an overview of Brazil's ebook market, and Saraiva's latest sales numbers. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-05 00:00:00 UTC ]
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News Corp. Unit Interested in Penguin Group

Rupert Murdoch's News Corp. has expressed interest in buying book publisher Penguin Group, potentially undermining merger discussions between Penguin and Random House, people familiar with the situation said. Continue reading at AllThingsD

[ AllThingsD | 2012-10-29 00:00:00 UTC ]
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Penguin talks lift Pearson shares

Pearson shares open higher on news that two of the world's biggest publishers, Penguin and Random House, are in talks about a possible merger. Continue reading at BBC News

[ BBC News | 2012-10-26 00:00:00 UTC ]
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PublishNews Brazil: Kobo’s CEO Reveals POD Plans, iBookstore Critique

Kobo's CEO discusses Brazil, the world, and how POD will be added to the Writing Life platform. Also, our tart critique of Apple's new "Brazilian" iBookstore. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-25 00:00:00 UTC ]
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Online book group for London boroughs

An online book discussion forum is the latest venture from the triborough library services in... Continue reading at The Bookseller

[ The Bookseller | 2012-10-25 00:00:00 UTC ]
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Springer CEO Says "Free Beer" Era for Internet Ending

(Reuters) - Germany's largest newspaper publisher will introduce a paywall for its flagship national daily Die Welt by the end of this year and is confident competitors will follow suit, Axel Springer Chief Executive Mathias Doepfner said. In an ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-10-18 00:00:00 UTC ]
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Thalia parent to sell in €1.5bn deal

One of Germany’s largest retail groups is changing ownership in a deal that is anxiously... Continue reading at The Bookseller

[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Waterstones to sell Paperwhite 'end of the month'

The Kindle Paperwhite is go on sale through Waterstones stores by the end of the month, the... Continue reading at The Bookseller

[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Haynes to sell ebooks independently

Haynes Publishing is launching its first range of ebooks and selling them independently through... Continue reading at The Bookseller

[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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E-books Share of Canadian Market Pegged at 16%

BookNet Canada’s first survey of where Canadians buy books and what types of books they buy found that about 16% of purchases in the first half of 2012 were of ebooks, while paperback remained the most popular format, with a 57% share. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-10-12 00:00:00 UTC ]
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Retail sales up 1.5% in September

Retail sales values were up 1.5% like-for-like this September from the previous year according to... Continue reading at The Bookseller

[ The Bookseller | 2012-10-09 00:00:00 UTC ]
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Syrian author shares Pinter prize

Samar Yazbek, whose latest book is an account of the Assad regime written inside Syria, will share the Pen Pinter prize with poet Carol Anne Duffy. Continue reading at BBC News

[ BBC News | 2012-10-09 00:00:00 UTC ]
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Amazon market share ‘increases dramatically after Kindle buy’

Amazon's market share of book sales significantly increases once a customer buys a Kindle... Continue reading at The Bookseller

[ The Bookseller | 2012-10-08 00:00:00 UTC ]
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Simply Books wins Stockport retail award

Simply Books of Bramhall in Cheshire has been judged Independent Retailer of the Year at the... Continue reading at The Bookseller

[ The Bookseller | 2012-10-05 00:00:00 UTC ]
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Marjorie Scardino steps down as Pearson CEO after 15 years

Marjorie Scardino, chief executive of Financial Times publisher Pearson, is stepping down at the end of 2012 and will be replaced by John Fallon, chief executive of Pearson's international education division. Continue reading at Media Week

[ Media Week | 2012-10-03 00:00:00 UTC ]
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Casual Vacancy 'fastest-selling book' in UK in three years

J K Rowling's The Casual Vacancy has become "the fastest-selling book in the UK in three... Continue reading at The Bookseller

[ The Bookseller | 2012-09-28 00:00:00 UTC ]
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What books to assign to a group of inmate-students?

Dickens or Denisovich? Mailer or Malamud? This professor agonized over the reading list for a class of prison inmates. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-09-28 00:00:00 UTC ]
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Investcorp To Sell SourceMedia

Investcorp has put New York-based publisher SourceMedia up for sale, according to multiple sources. SourceMedia, which provides news, analysis and research in the b-to-b space through publications Continue reading at Folio Magazine

[ Folio Magazine | 2012-09-28 00:00:00 UTC ]
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