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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The Audio Book Club on The Group

To listen to the Audio Book Club discussion of The Group, click the arrow on the player below. Continue reading at Slate

[ Slate | 2014-02-07 00:00:00 UTC ]
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Lemony Snicket Funds “Noble Librarians Faced With Adversity Prize”

At this year's annual meeting, the American Library Association (ALA) will confer the first annual Lemony Snicket Prize for Noble Librarians Faced with Adversity. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-02-05 00:00:00 UTC ]
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Why Publishers Need to Embrace Automated Ad Selling

The president of The Media Kitchen sees private marketplaces gaining traction with top publishers, and that's a good thing.The post Why Publishers Need to Embrace Automated Ad Selling appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-01-30 00:00:00 UTC ]
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ReDigi Gets Patent to Manage and Sell Used E-books

The first online digital marketplace gets the nod for its invention of a system for "copyless" digital transactions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-29 00:00:00 UTC ]
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Issues on the Ether: Profit-Sharing Authors

Porter Anderson looks at Ian K. Ellard's concept of authors sharing profits with publishing-services experts in his winning essay at The Bookseller, The Toast. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-28 00:00:00 UTC ]
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Online Retailer Books For Animal Lovers Debuts

Launched a month ago in Exeter, N.H. by Jeremy Townsend, Books for Animal Lovers is an online retailer offering just what its name specifies—books about animals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-27 00:00:00 UTC ]
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PP for Italy’s Giornale della Libreria: Does Social Media Sell?

Publishing Perspectives's latest column for the Italy's Giornale della Libreria looks at whether social media really influences readers to buy books. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-23 00:00:00 UTC ]
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CEO Perspective: Malcolm Netburn

Much of the change in our industry is being driven by the customer. How should publishers be reacting? Continue reading at Folio Magazine

[ Folio Magazine | 2014-01-22 00:00:00 UTC ]
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S&S Gets Court Okay to Sell Good Books Titles

The court overseeing the Chapter 7 liquidation of Good Enterprises has approved a motion allowing Simon & Schuster to continue distributing the Good Books titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-21 00:00:00 UTC ]
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SI Golf Group to Integrate Ecommerce

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[ Folio Magazine | 2014-01-17 00:00:00 UTC ]
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[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
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The Actor Who Played Chewbacca Shared A Ton Of "Star Wars" Set Photos On Twitter And They Are Amazing

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[ Fast Company | 2014-01-13 00:00:00 UTC ]
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Telegraph Media Group made record £60m profit last year

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[ The Guardian | 2014-01-10 00:00:00 UTC ]
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Retail in Seattle: In the Shadow of Amazon

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[ Publishers Weekly | 2014-01-10 00:00:00 UTC ]
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Holiday Retail Sales Dip at B&N, Nook Sales Plunge

Holiday sales for the nine-week period ended December 28 fell 6.6% at Barnes & Noble’s retail segment and tumbled 60.5% in its Nook division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-09 00:00:00 UTC ]
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[ The Bookseller | 2014-01-08 00:00:00 UTC ]
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Are Americans working too hard, too fast, and too chaotically for our own good? Slate books editor Dan Kois was eager to find out when a review copy of Stephanie Brown’s Speed: Facing Our Addiction to Fast and Faster—and Overcoming Our Fear of Slowing Down landed on his desk. So he proposed a... Continue reading at Slate

[ Slate | 2014-01-07 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-01-06 00:00:00 UTC ]
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[ The Bookseller | 2014-01-06 00:00:00 UTC ]
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Good Enterprises Wants S&S to Keep Selling its Books

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[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
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