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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London Book Fair 2016: Hachette CEO Presses Chinese Publishers, Blasts EU Copyright Proposals

Hachette CEO Arnaud Nourry said defeating the European Commission's copyright proposals should be the IPA's "number one" goal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-10 00:00:00 UTC ]
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Bookseller Gary Schulze Dies One Week After Selling Store

The recent co-owner of Minneapolis's Once Upon a Crime Bookstore, which is a fixture in the Twin Cities' literary community, died on Wednesday afternoon of leukemia. He was 66. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-08 00:00:00 UTC ]
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Hodder sells Italian rights to Andy Riley title

Hodder Children’s Books, part of Hachette Children’s Group, has sold Italian rights to Andy Riley’s upcoming children’s title, King Flashypants and the Evil Emperor. Continue reading at The Bookseller

[ The Bookseller | 2016-04-07 00:00:00 UTC ]
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JK Rowling's Harry Potter chair sells for £278,000

Chair given free to JK Rowling that she used while writing the first two Harry Potter novels in Edinburgh council flat has been auctioned in New York An oak chair that JK Rowling used while writing the first two books of the Harry Potter series has sold for $394,000 (£278,000).The 1930s chair... Continue reading at The Guardian

[ The Guardian | 2016-04-07 00:00:00 UTC ]
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Amazon CEO hints at new, high-end Kindle

Amazon.com chief executive Jeff Bezos said that his company is about to debut a new version of the Kindle ebook reader. Continue reading at Stuff

[ Stuff | 2016-04-05 00:00:00 UTC ]
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Ingram Taps Morin as CEO

The publishing service provider promotes its former COO, while John R. Ingram will remain chairman. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-04 00:00:00 UTC ]
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A writer's solitude vs. AWP: Viet Thanh Nguyen on what we share with others

Writers tend to be solitary creatures, and yet more than 12,000 will congregate in Los Angeles this week. The occasion is the annual conference of the Assn. of Writers and Writing Programs, or AWP, which also draws other literary kin, the teachers, editors, publishers, critics and booksellers who... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-04-03 00:00:00 UTC ]
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Perseus sale to Hachette Book Group completed

Hachette Book Group (HBG) has completed its acquisition of the Perseus Book Group’s publishing business. Continue reading at The Bookseller

[ The Bookseller | 2016-04-02 00:00:00 UTC ]
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There's No One Way to Sell an E-book

A survey of independent digital-first publishers reveals a wide array of growth strategies, including starting a print program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-01 00:00:00 UTC ]
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Radius Book Group: International Self-Publishing for Those Who Would Rather Not

Looking to handle international as well as domestic content, the newly formed Radius Book Group offers to do it for you — for an as-yet unspecified price. The post Radius Book Group: International Self-Publishing for Those Who Would Rather Not appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-03-29 00:00:00 UTC ]
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Canadian Festivals: Paying Authors, Selling Books, Building Readership

Many Canadian literary festivals match or exceed the Canada Council rate of CAD$250 for an author appearance. Fests are flourishing, coast to coast. The post Canadian Festivals: Paying Authors, Selling Books, Building Readership appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-03-28 00:00:00 UTC ]
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London Briefcase 2016: What U.S. Agencies Will be Selling at the London Book Fair

Hot properties include titles from Lisa Scottoline and Iris Johanson, a story collection inspired by Edward Hopper, a return to Twin Peaks via its co-creator Mark Frost, Tom Wolfe’s newest, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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Quarto Group Comes of Age

With revenue above $182 million in 2015, the Quarto Group occupies a rare spot in today’s increasingly consolidated publishing world: a publicly traded independent company with size and scale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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Springer Nature to expand content sharing to all journals

Springer Nature is to expand its nature.com content sharing initiative to its entire journals portfolio. Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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What's Selling at Magers & Quinn

At Magers & Quinn Booksellers in Minneapolis, retail manager Jessi Blackstock is looking forward to warmer weather, which lures the city's residents and visitors outdoors – and into the bookstore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-22 00:00:00 UTC ]
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Removal of r.r.p. shifts power to booksellers, Irish retailers report

Booksellers should have the power to price books themselves, as removing the r.r.p. gives retailers more flexibility, Irish booksellers have testified.     Continue reading at The Bookseller

[ The Bookseller | 2016-03-21 00:00:00 UTC ]
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Memphis' Matt Barnes denies going after Milwaukee's John Henson

DeAndre Jordan wrapped Matt Barnes in a bear hug. Chris Paul held up his phone so that his son could briefly chat with Barnes on FaceTime. But there was something about their former teammate on Saturday that the Clippers didn’t miss: more controversy. Barnes said he did not try to enter the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-20 00:00:00 UTC ]
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Man who pointed shotgun at girl selling Girl Scouts cookies gets jail time

 A Southern California man who pointed a shotgun at a 7-year-old girl selling Girl Scout cookies has been given six months in jail. See more of our top stories on Facebook >> The Riverside Press-Enterprise says John Dodrill was sentenced Friday. He pleaded guilty to possessing an illegal... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-19 00:00:00 UTC ]
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HarperCollins shares job vacancies with News Corp

HarperCollins has launched an internal careers website which gives News Corp employees the ability to apply for jobs across HarperCollins UK, News UK, and Dow Jones. Continue reading at The Bookseller

[ The Bookseller | 2016-03-17 00:00:00 UTC ]
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What's Selling at Wellesley Books

As the spring selling season gets underway, Lauren D’Alessio, children's book buyer at Wellesley Books in Wellesley, Mass., sheds light on new and tried-and-true titles that are selling well at her store. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-08 00:00:00 UTC ]
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