Barnes & Noble To Slowly Ditch A Third Of Retail Stores

B&N will cut up to a third of its brick-and-mortar stores, slowly and carefully over 10 years. Bookseller Barnes & Noble has said it expects to shut up to a third of its real-world stores. CEO Mitchell Klipper has confirmed the plans in an interview with the Wall Street Journal. But underlining the considered nature of the closures, Klipper said they would happen slowly over 10 years, reducing the store count by about 20 every year down to about 450 or 500. While that sounds terrible, and will impact retail staff employment, it's a careful and considered reaction to the inevitable decline in in-person buying of goods, thanks to the Net, and of the rise of the ebook at the expense of the printed one. Klipper is confident of his business plan, and has been expanding B&N's digital book business to compensate. British book and newspaper retailer W.H. Smith, now over 220 years old and recently championed for its success, may be a role model.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2013-01-28 00:00:00 UTC ]
News tagged with: #sounds terrible #business plan #british book #role model

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Barnes & Noble creates a new self-publishing service

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[ The Christian Science Monitor | 2013-04-10 00:00:00 UTC ]
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Barnes and Noble Rebrands Self-publishing Platform Pubit as NOOK Press

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[ Publishing Perspectives | 2013-04-10 00:00:00 UTC ]
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Barnes & Noble relabels PubIt! as Nook Press, adds web-based publishing tool

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[ Engadget | 2013-04-09 00:00:00 UTC ]
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Looking for a Simon & Schuster title? Barnes & Noble might not be your best bet

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[ The Christian Science Monitor | 2013-03-26 00:00:00 UTC ]
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Barnes & Noble at The Crossroads

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[ Publishers Weekly | 2013-03-01 00:00:00 UTC ]
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Poor Nook Sales Sink Barnes & Noble's Revenues

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[ Fast Company | 2013-02-28 00:00:00 UTC ]
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Should we be crying for Barnes & Noble?

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[ Los Angeles Times | 2013-02-06 00:00:00 UTC ]
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The Painful Decline of Barnes & Noble

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[ The Atlantic | 2013-02-05 00:00:00 UTC ]
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Pearson to Invest $89.5 Million in Barnes & Noble's Nook Media

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[ AllThingsD | 2012-12-29 00:00:00 UTC ]
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Barnes & Noble says holiday sales disappointing, Nook has new investor

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[ Los Angeles Times | 2012-12-28 00:00:00 UTC ]
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[ Publishers Weekly | 2012-12-01 00:00:00 UTC ]
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[ Engadget | 2012-11-29 00:00:00 UTC ]
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[ Los Angeles Times | 2012-11-08 00:00:00 UTC ]
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[ Fast Company | 2012-10-25 00:00:00 UTC ]
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[ Engadget | 2012-10-24 00:00:00 UTC ]
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[ Betanews | 2012-10-04 00:00:00 UTC ]
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[ AllThingsD | 2012-08-20 00:00:00 UTC ]
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[ Engadget | 2012-08-20 00:00:00 UTC ]
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[ Betanews | 2012-08-20 00:00:00 UTC ]
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[ Engadget | 2012-07-17 00:00:00 UTC ]
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