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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Continuum launches ebook store

Written By: Charlotte Williams Publication Date: Wed, 06/04/2011 - 09:16 Independent publisher Continuum has launched an ebook store, featuring a selection of titles across Continuum's humanities, education and religion lists. Around 2,000 titles will be available for download in Adobe PDF and... Continue reading at The Bookseller

[ The Bookseller | 2011-04-06 00:00:00 UTC ]
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Independent Retail Group folds

Written By: Lisa Campbell Publication Date: Wed, 30/03/2011 - 15:14 The Independent Retail Group (IRG) has folded, closing five of its bookshops and selling the remaining 11. The company, a subsidiary of Three C Publishing, bought the 16 stores in 2005, employing managers to make independent... Continue reading at The Bookseller

[ The Bookseller | 2011-03-30 00:00:00 UTC ]
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Academic retailing "unsustainable"

Written By: Lisa Campbell Publication Date: Fri, 25/03/2011 - 09:36 Academic retailers have demanded that academic publishers provide them with greater support, arguing that the current model is "not sustainable" in the long term. The development comes after Waterstone's m.d. Dominic Myers... Continue reading at The Bookseller

[ The Bookseller | 2011-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long term #crisis point #bookseller association #annual academic #academic publishers


Julian Barnes awarded David Cohen Prize

Publication Date: Fri, 18/03/2011 - 08:20 Three-times Man Booker-shortlisted author Julian Barnes has been awarded the £40,000 David Cohen Prize for Literature for his lifetime’s achievement in literature. Barnes was presented with the award by chair of judges Mark Lawson at a gala ceremony at... Continue reading at The Bookseller

[ The Bookseller | 2011-03-18 00:00:00 UTC ]
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More job cuts, closures in store for REDgroup

Administrators for Borders and Angus & Robertson have announced new lay-offs and warned that more bookshops could close. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-03-17 00:00:00 UTC ]
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IPG: Publisher and retailer relationships must change

Written By: Graeme Neill Publication Date: Fri, 11/03/2011 - 09:02 The relationship between publishers and retailers needs to change if physical bookshops are not to face a "bleak" future, the c.e.o. of Blackwell has warned. Andrew Hutchings was speaking during the Retailers Question Time... Continue reading at The Bookseller

[ The Bookseller | 2011-03-11 00:00:00 UTC ]
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Five Living Oasis stores to close

Written By: Lisa Campbell Publication Date: Mon, 07/03/2011 - 15:33 Three Living Oasis stores have closed and two more are preparing to shut their doors, making around 20 staff redundant. The Christian retailer has closed outlets in Aberdeen, Inverness and Sutton with Bedford and Belfast soon... Continue reading at The Bookseller

[ The Bookseller | 2011-03-07 00:00:00 UTC ]
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Jobs go as A&R, Borders stores close

More than 2000 staff who work for the failed Borders and Angus & Robertson bookshop chains face a nervous month. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-03-03 00:00:00 UTC ]
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Move over iPad, Kindle is coming to an AT&T store near you

By Joe Wilcox, Betanews Today, AT&T announced that, starting March 6, it will carry Amazon's Kindle reader in its retail stores nationwide. Timing is interesting, given iPad 2's imminent launch and Apple App Store subscription changes that could compel Amazon to curtail or even stop... Continue reading at Betanews

[ Betanews | 2011-02-28 00:00:00 UTC ]
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Foyles flagship store to move

Written By: Lisa Campbell Publication Date: Mon, 28/02/2011 - 09:43 Foyles will end more than 100 years of bookselling from its flagship store on Charing Cross when it moves to a new "purpose built" bookshop next door in 2013. The indie bookstore is currently based at 113-119 Charing Cross... Continue reading at The Bookseller

[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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Retailers finalise World Book Night plans

Written By: Lisa Campbell Publication Date: Thu, 24/02/2011 - 09:42 Final preparations are underway for a medley of events planned to celebrate World Book Night, with independent and national retailers planning to host author readings, quizzes and book swaps. On 5th March, 20,000 participants... Continue reading at The Bookseller

[ The Bookseller | 2011-02-24 00:00:00 UTC ]
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Apple App Store subscription plan gouges publishers, eats their young

By Joe Wilcox, Betanews Somebody call the cops -- eh, antitrust authorities. Apple's subscription plan is here, and it's as bad for many, if not most, publishers as rumored. The first of several key sentences from Apple's press announcement: "Publishers may no longer provide links in their apps... Continue reading at Betanews

[ Betanews | 2011-02-15 00:00:00 UTC ]
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Kobo opens door to UK retailers

Written By: Charlotte Williams Publication Date: Thu, 10/02/2011 - 08:39 Canadian ebook retailer Kobo has said that it would be keen to partner a UK retailer in an effort to establish a presence in the market. Michael Tamblyn, vice-president of content, sales and merchandising at Kobo... Continue reading at The Bookseller

[ The Bookseller | 2011-02-10 00:00:00 UTC ]
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WHS acquires 22 British Bookshops stores

Written By: Lisa Campbell Publication Date: Tue, 08/02/2011 - 09:10 W H Smith has acquired 22 stores previously run by British Bookshops and Stationers in a £1m deal. The bookshops will continue to trade under BB&S until a "phased takeover" begins later this month in stores in Teddington... Continue reading at The Bookseller

[ The Bookseller | 2011-02-08 00:00:00 UTC ]
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Kids Running the Store

From time to time bookstore owners are forced to turn to their kids for help, especially during the holidays, when there never seem to be enough booksellers. But last fall a group of teens and tweens contributed their time and expertise without being asked. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-02-07 00:00:00 UTC ]
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New Android market shows the future is in device-agnostic app stores

By Tim Conneally, Betanews Google on Thursday finally launched a renewed web-based Android Market that integrates with a user's Google account and lets him shop for applications and send them to the various Android-powered devices linked to the account. This new shop marks the industry-wide... Continue reading at Betanews

[ Betanews | 2011-02-05 00:00:00 UTC ]
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iPhone app store, Amazon Kindle: Why ebook sellers should stop playing by Apple's rules.

Over the last few months the tech industry has been inching toward ebook nirvana. For one thing, gadget makers keep improving e-readers while slashing prices. (I'm going to renew my bet that Amazon will begin selling the Kindle for less than $100 by the end of the year.) The bigger story,... Continue reading at Slate

[ Slate | 2011-02-02 00:00:00 UTC ]
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Waterstone's to close 11 stores by end of week

Written By: Lisa Campbell Eleven Waterstone's stores will close by the end of this week. The outlets are spread across the UK and are mostly in locations where more than one Waterstone's store currently exists. Staff at the affected Waterstone's stores have now entered into a period of... Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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HMV begins store closure programme

Written By: Lisa Campbell Nine HMV stores have shut their doors as the music retailer begins it's programme of closures. The HMV Group announced at the beginning of the year it would shut 40 HMV stores and 20 Waterstone's shops within 12 months in a bid to cut costs, and it has begun to close... Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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Apple Moves to Tighten Control of App Store

Sony said Apple had rejected its ebook app because it did not route book sales through Apple’s system. Continue reading at The New York Times

[ The New York Times | 2011-02-01 00:00:00 UTC ]
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