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 ]
Total sales fell 4.5% at Barnes & Noble in the second quarter ended Oct. 31, 2015 compared to the same period last year and the net loss from continuing operations rose to $27.2 million from $5.1 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
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Waterstones has hit the half-way point in its Buy Books for Syria campaign, having raised £500,000 through book sales to help those affected by the conflict in the Middle East. Continue reading at The Bookseller
[ The Bookseller | 2015-11-20 00:00:00 UTC ]
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Waterstones has said its 'Buy Books For Syria' campaign has already been a “great success” after first few days. While the company could not yet give sales figures for how many titles customers had been bought under the appeal, Sandra Taylor, head of PR and events at Waterstones, said it... Continue reading at The Bookseller
[ The Bookseller | 2015-10-06 00:00:00 UTC ]
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Profits from all books marked with the 'Buy Books for Syria' sticker in any of Waterstones' 280 UK locations will be part an initiative to raise one million pounds for Syrian refugees.. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-10-02 00:00:00 UTC ]
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Publishing Technology has announced that CEO Michael Cairns has stepped down, effective immediately after the Board projected a net loss for the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-09-22 00:00:00 UTC ]
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The company’s quarterly earnings call beats analysts’ expectations despite a fall in total revenue from the previous quarter and a net loss of $379mNews Corp, owner of the Wall Street Journal and the Times, reported a better-than-expected quarterly results as strong growth in its digital real... Continue reading at The Guardian
[ The Guardian | 2015-08-13 00:00:00 UTC ]
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Revenue at Books-A-Million fell 1.9% in the first quarter ended May 2, 2015 compared to last year’s first period. Net loss at the chain was cut to $5.3 million, from $5.6 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
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Revenue at Scholastic rose 2% in the third quarter, but a number of one-time charges led to a net loss of $22.1 million compared to a loss of $12.1 million in last year’s third quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-26 00:00:00 UTC ]
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The loss of Image Books, Pope Francis's popularity with both liberals and conservatives, and the lack of high-profile female speakers were top subjects at L.A. Congress, the nation’s largest annual gathering of Roman Catholics. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-20 00:00:00 UTC ]
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The 9-day New Delhi World Book Fair drew more than 1,100 exhibitors and a million visitors to buy books at what has become one of Asia's key book fairs. The post New Delhi World Book Fair Reaches One Million Consumers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-02-24 00:00:00 UTC ]
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Facebook continues to do what few digital publishers can pull off: Over each of the last five quarters, the social network has been able to boost revenue even as it sells fewer ads.The ability to raise prices has rocketed Facebook's overall revenue to $3.85 billion in the most recent quarter. In... Continue reading at Advertising Age
[ Advertising Age | 2015-01-29 00:00:00 UTC ]
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For the full year, sales increased 20% to $88.99 billion at Amazon, but the company had a net loss in the year of $241 million compared with net income of $274 million in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-29 00:00:00 UTC ]
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Barnes & Noble’s retail c.e.o Mitchell Klipper is to retire from the role in May after 28 years at the company. Klipper will step down as the chief executive of the Retail Group at the end of Barnes & Noble’s fiscal year, but will act as a special advisor on real estate and other... Continue reading at The Bookseller
[ The Bookseller | 2015-01-21 00:00:00 UTC ]
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Author James Patterson is donating £50,000 to a new prize that will fund school libraries. The World Book Day Award, launched today (9th January), offers schools in the UK and Ireland the chance to win money to buy books from local bookshops to stock their libraries. Six lump sums are on up for... Continue reading at The Bookseller
[ The Bookseller | 2015-01-10 00:00:00 UTC ]
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Revenue at Barnes & Noble fell 7% in the first quarter ended August 2, to $1.23 billion, but the retailer cut its net loss to $28.4 million from $87.0 million in the first period of fiscal 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
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Books-A-Million reported that it cut its net loss for the second quarter ended August 2, 2014 to $3.0 million from $9.1 million in the comparable period last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-28 00:00:00 UTC ]
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Writer Kate Brittain has created a one-stop database of America's independent bookstores, Better Place to Buy Books. She estimates that there are over 2,300 indie bookstores in the USA. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-08-21 00:00:00 UTC ]
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Amazon sales in the second quarter rose 23%, to $19.34 billion, in line with analysts' expectations, but the net loss of $126 million was deeper than expected. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-24 00:00:00 UTC ]
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New research on subscription ebook models from BISG shows publishers are still reticent, while consumers who embrace the model continue to buy books. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-02 00:00:00 UTC ]
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Indigo Books & Music reported a net loss of C$31 million in the year compared to net earnings of C$4.3 million in fiscal 2013. Sales slipped 1.3%, to C$868 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-27 00:00:00 UTC ]
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