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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Amazon opens up Kindle Worlds Store, for all your licensed fan fic needs

Come on now, why are you wasting your time here, when you could be reading some Gossip Girl fan fic? Roughly a month after announcing its licensed character publishing platform, Amazon has taken the wraps off of Kindle Worlds. The site currently offers up 50-plus commissioned stories based on... Continue reading at Engadget

[ Engadget | 2013-06-27 00:00:00 UTC ]
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Barnes, Franzen, Al-Khalili on Warwick Prize longlist

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[ The Bookseller | 2013-06-19 00:00:00 UTC ]
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Magzter to launch ebook store

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[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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Six new Waterstones stores to open

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[ The Bookseller | 2013-06-06 00:00:00 UTC ]
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Online Retailers, E-books Gained in 2012

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[ Publishers Weekly | 2013-05-11 00:00:00 UTC ]
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Making Nonprofit Stores Pay Off

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[ Publishers Weekly | 2013-05-11 00:00:00 UTC ]
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[ The Bookseller | 2013-05-09 00:00:00 UTC ]
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Amazon's new China app store could help pave way for Kindle products

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[ PC World | 2013-05-06 00:00:00 UTC ]
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Eason to open six new franchise stores

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[ The Bookseller | 2013-04-25 00:00:00 UTC ]
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W H Smith to open Cardiff University store

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[ The Bookseller | 2013-04-25 00:00:00 UTC ]
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[ PC World | 2013-04-10 00:00:00 UTC ]
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[ The Bookseller | 2013-04-05 00:00:00 UTC ]
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[ The Bookseller | 2013-03-20 00:00:00 UTC ]
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[ Engadget | 2013-03-19 00:00:00 UTC ]
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[ The Bookseller | 2013-03-18 00:00:00 UTC ]
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Houghton Mifflin Pulls Another Jonah Lehrer Book From Stores

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[ Publishing Perspectives | 2013-03-03 00:00:00 UTC ]
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