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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Tampa’s Inkwood Books Opens NJ Sister Store

After purchasing Inkwood Books in Tampa, Fla., a little over two years ago, Stefani Beddingfield is getting her family into the bookselling business. Her sister Julie, who is based in the Northeast, will be opening a second location of the store in New Jersey. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-09 00:00:00 UTC ]
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Facebook letting more stores ping your phone when you're inside

You might find yourself browsing more than the shelves at your local store, if Facebook knows you’re there. It’s expanding a location-aware program that will let businesses pop information into the top of your news feed. Place Tips lets brick-and-mortar stores send information to people’s News... Continue reading at PC World

[ PC World | 2015-06-09 00:00:00 UTC ]
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Comics Retailer Survey: Good Sales Get Better in 2015

Sales of periodical comics and graphic novels may not have been as robust throughout 2014 as they were in recent years, but an exceptional holiday shopping season ended the year on a high note for comics retailers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
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Amazon at Your Campus: The Next-Generation Campus Store

Last week, Amazon quietly opened its second physical campus store at Purdue University, in West Lafayette, Ind. The company opened its first Amazon Campus store—a 2,360-sq.-ft. location—at Purdue’s Krach Leadership Center on February 3. A third Amazon store (roughly 3,000 sq. ft.) is slated to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-22 00:00:00 UTC ]
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Quebecor Sells Archambault Stores to Major Bookstore Chain

Quebecor announced Tuesday that it will sell Archambault, the large retailer of music, books, and DVDs, with 14 locations across Quebec, to Renaud-Bray, the largest French-language bookstore chain in North America, with 30 locations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-21 00:00:00 UTC ]
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WHS to open six stores at Sydney airport

WH Smith has struck a deal to open six outlets at Sydney airport, Australia.  The company, which bought the Queensland-based Supanews chain last year, has reportedly secured the Sydney airport venues after a “competitive tender process” according to Stationery News Australia.  The new stores... Continue reading at The Bookseller

[ The Bookseller | 2015-05-19 00:00:00 UTC ]
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Indian to direct film on Barnes book

India's Ritesh Batra is to direct the film adaptation of The Sense of an Ending, Julian Barnes' Booker-winning novel, with British actor Jim Broadbent in the lead. Continue reading at BBC News

[ BBC News | 2015-05-13 00:00:00 UTC ]
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Guideposts Licenses Flagship Devotionals to Zondervan for Retail

Guideposts has signed a three-year agreement to license its flagship 'Daily Guideposts' and 'Mornings with Jesus' devotionals to Zondervan for the retail channel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-11 00:00:00 UTC ]
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Retailers Prep to Kick Off Independent Bookstore Day

Aside from simply celebrating small bookstores, one objective of the forthcoming Independent Bookstore Day, on May 2, is to bury a long-running narrative that the indies are dying. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-27 00:00:00 UTC ]
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Village Books to Open Second Store

Village Books & Paper Dream, Bellingham Wash.’s long-time bookstore, will open up a second location this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-22 00:00:00 UTC ]
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10 Children’s Bookseller Challenges—And How Stores Solved Them: Children's Institute 2015

Every day, children’s booksellers have to overcome hurdles to sell more books and increase foot traffic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-10 00:00:00 UTC ]
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Oyster launches ebook store

Oyster has launched an online ebook store in the US. The subscription company, which started out in September 2013 charging $9.95 a month for unlimited ebooks, has now expanded into online retail, launching an ebook store where customers can pay for individual titles. While only S&S,... Continue reading at The Bookseller

[ The Bookseller | 2015-04-09 00:00:00 UTC ]
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Oyster Adds E-book Retail

Oyster, the ebook subscription service launched in 2013, has added a retail component to its business. It is now offering more than a million ebooks for sale, including titles from all of the Big Five publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-08 00:00:00 UTC ]
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Oyster breaks out of its subscription shell, targets Amazon with ebook store

E-book subscription service Oyster has opened an online book store, a move that pits the young company against heavyweight Amazon.Oyster’s ebook store has the support of the top five publishers in the U.S. While Amazon also offers books from these publishers—Hachette, HarperCollins, Macmillan,... Continue reading at PC World

[ PC World | 2015-04-08 00:00:00 UTC ]
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Final Shutdown: Club Bertelsmann Closes Remaining Stores

Club Bertelsmann, Germanys first — and for a long time very successful — book club finally closed its last two retail stores on March 31st 2015. The post Final Shutdown: Club Bertelsmann Closes Remaining Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-06 00:00:00 UTC ]
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E-books Gained, Online Retailers Slipped in 2014

E-books’ market share of new-book sales increased slightly in 2014 over 2013, while the share of all book sales made through online retailers and bookstore chains dipped in the same period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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Online book shopping overtakes in-store for first time

Print book sales showed "continuing resilience" in 2014, with overall spending on print and digital titles increasing across the year. Meanwhile, online book buying overtook in-store book buying for the first time last year. In 2014, sales of print and ebooks stood at £2.2bn, up 4% from the... Continue reading at The Bookseller

[ The Bookseller | 2015-03-26 00:00:00 UTC ]
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Sainsbury's offers £3 off ebooks through in-store promo

eBooks by Sainsbury’s is launching a new national promotion offering customers £3 off all ebooks when they buy a paperback chart title in-store.  All of the titles in the Paperback Chart in Sainsbury's stores will have a sticker with a unique code that gives customers £3 to spend on ebooks at... Continue reading at The Bookseller

[ The Bookseller | 2015-03-20 00:00:00 UTC ]
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B&N Execs Tout Promise of Retail-Digital Combination

When the spin-off of its college division is completed later this year, Barnes & Noble plans to sell both print and digital books, B&N Inc. CEO Mike Huseby told analysts during a conference call last week to discuss third-quarter results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-13 00:00:00 UTC ]
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Amazon opens online store on Chinese competitor's marketplace

Amazon has opened a flagship store on Chinese competitor Alibaba Group Holding’s consumer-to-consumer site, Tmall.com. Amazon’s store on the site launched this week and so far offers a limited range of products including imported food, women’s shoes, toys and kitchen equipment, the Wall Street... Continue reading at The Bookseller

[ The Bookseller | 2015-03-07 00:00:00 UTC ]
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