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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James: 'publishers must go further to reach diverse groups'

Man Booker Prize winner Marlon James says there are "huge sections of the population who don’t read because no one is telling the stories that they want to read". Continue reading at The Bookseller

[ The Bookseller | 2015-12-07 00:00:00 UTC ]
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Ebook Market Share in Germany Shows Slow Growth

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[ Publishing Perspectives | 2015-12-02 00:00:00 UTC ]
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Amazon sells 86 items per second on Black Friday

Amazon UK said Black Friday this year was its busiest day ever, as it sold around 86 items per second. Continue reading at The Bookseller

[ The Bookseller | 2015-12-01 00:00:00 UTC ]
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Meet the Bleacher Report Editor Who Is Trouncing ESPN in Social Sharing

Between the Reagan and Obama administrations, Joe Yanarella carved out a ham-and-egger journalism career with print publications like the Hudson Valley News in upstate New York and Wizard magazine. Then, in 2009, as the U.S. economy was trying to get out of reverse, he took over as editor in... Continue reading at AdWeek

[ AdWeek | 2015-11-30 00:00:00 UTC ]
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Tamblyn Named Kobo CEO

Michael Tamblyn will take over as CEO of the ebook company on January 1, succeeding Taka Aiki. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-27 00:00:00 UTC ]
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Pearson and Dow Jones sell stakes in Russian newspaper

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[ The Bookseller | 2015-11-21 00:00:00 UTC ]
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Pearson and Dow Jones sell stakes in Russian newspaper Vedomosti

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[ The Guardian | 2015-11-20 00:00:00 UTC ]
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Google+ redesign focuses on Reddit-like communities with shared interests

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[ PC World | 2015-11-18 00:00:00 UTC ]
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Zonderkidz's Berenstain Bears Line Sells Five Million Copies

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[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
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Pearson investors unclear of company vision as shares tumble

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[ The Bookseller | 2015-11-14 00:00:00 UTC ]
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Thomson Reuters to sell IP and Science business

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[ The Bookseller | 2015-11-13 00:00:00 UTC ]
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[ Publishers Weekly | 2015-11-12 00:00:00 UTC ]
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Foyles sells out of "The Apprentice" titles

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[ The Bookseller | 2015-11-12 00:00:00 UTC ]
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Apple CEO Tim Cook says Microsoft's first-ever laptop is 'deluded'

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[ Silicon Valley Business Journal | 2015-11-12 00:00:00 UTC ]
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Vaizey praises library campaign groups in speech

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[ The Bookseller | 2015-11-07 00:00:00 UTC ]
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Sarah Waters, Ross Raisin, Adam Foulds, Andrew Cowan, Helen Simpson share writing tips, favourite books by young writers

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[ The Bookseller | 2015-11-07 00:00:00 UTC ]
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[ The Bookseller | 2015-11-06 00:00:00 UTC ]
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[ Publishers Weekly | 2015-11-05 00:00:00 UTC ]
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[ Publishing Perspectives | 2015-11-05 00:00:00 UTC ]
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Publishing's grails and our unholy searches: Emma Barnes

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[ The Bookseller | 2015-10-28 00:00:00 UTC ]
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