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
Barnes & Noble Inc.'s latest quarterly earnings show an erosion in sales for both print books and ebooks, casting a cloud over its long-term prospects. Continue reading at AllThingsD
[ AllThingsD | 2013-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#print books
Barnes & Noble returned to a profit in the fiscal second quarter as it invested less in its Nook ebook reader and cost cuts offset lower sales.Its sales missed expectations, however, and its shares dropped more than 3% in premarket trading. The report comes as the crucial holiday season... Continue reading at Crains New York
[ Crains New York | 2013-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#holiday shoppers
#barnes noble
#nook media
#digital library
#apple ipad
#net income
#analysts expected
To compete against the Kindle, Barnes & Noble is going back to its roots, leveraging decades of bookseller expertise to make its Nook e–reader feel more like a paper book. Released Wednesday, the new Nook Simple Touch GlowLight features a brighter, sharper display; lighter body; improved... Continue reading at Fast Company
[ Fast Company | 2013-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#matchbook service
#ve purchased
#made strides
#customer service
B&N is being eulogized as a 'dead man walking,' but the company still has a firm foundation, including the Nook, and will be with us as long as we still have print. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#greatly exaggerated
Barnes & Noble says it lost less money than it previously reported during the past two years. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#past years
#barnes noble
#previously reported
Barnes & Noble Inc., the struggling bookseller, reported "material weakness" in its accounting and restated three years of financial results. Investors seemed alarmed by more bad news from the unprofitable retailer whose chief executive stepped aside earlier this month and they bid down its... Continue reading at Crains New York
[ Crains New York | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#puts pressure
#ernst young
#leonard riggio
Belgian researchers report that the aroma of chocolate inspired bookstore shoppers to stay in the store longer, while boosting the sales of certain genres. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-07-24 00:00:00 UTC ]
More news stories like this |
Uncertainty has been hovering over Barnes & Noble ever since the retailer first reported that 2012 holiday sales— especially those of its Nook reading devices—were well below expectations. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-07-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
Barnes & Noble CEO William Lynch resigned after the company reported disappointing fourth-quarter numbers. The bookstore chain also recently announced that it's seeking another company with which to produce the B&N Nook tablet devices. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookstore chain
#recently announced
The chief executive of US bookstore chain Barnes & Noble, William Lynch, resigns as sales of its Nook ebooks and devices continue to fall. Continue reading at BBC News
[ BBC News | 2013-07-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#william lynch
#nook ebooks
Following a shaky fourth-quarter report, B&N announced that it would be partnering with another company to release its Nook tablet line, although the bookstore chain will continue to manufacture its e-readers. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#bookstore chain
Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a... Continue reading at Engadget
[ Engadget | 2013-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bad news
#blockbuster titles
#fifty shades
#hunger games
#nook line
#foreseeable future
US bookstore chain Barnes & Noble sees its fourth-quarter net loss more than double to $118.6m (£77m) as sales of its Nook ebooks and devices drop. Continue reading at BBC News
[ BBC News | 2013-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#nook ebooks
Barnes & Noble's Nook Store has offered short-form works much like those we've seen from Amazon's Kindle Shorts section, but they haven't really been a highlight. The company's new Nook Snaps program may give those quick reads their time to shine, however. The effort will see Barnes &... Continue reading at Engadget
[ Engadget | 2013-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#nook store
#quick reads
#coming back
An anonymous Microsoft source calls talk about Microsoft planning to buy the Nook Media branch of Barnes & Noble 'nothing more than a rumor.' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#nook media
#barnes noble
According to documents found by website TechCrunch, Microsoft is offering $1 billion to buy the digital assets of Nook Media. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#nook business
#website techcrunch
#digital assets
#nook media
According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture.According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$1 billion
#website techcrunch
#digital assets
#nook media
#barnes noble
#nook e-readers
#third-party devices
Barnes & Noble knows it's not winning the tablet race by any margin, but the book retailer is hoping for a big boost for Mother's Day. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#book retailer
#big boost
Barnes & Noble is adding the Google Play store to HD versions of its Nook tablet, in a bid to counter slowing sales of its devices.Nook HD and Nook HD+ customers will be able to access over 700,000 Android apps and games, millions of songs and more, besides the Chrome browser, Gmail,... Continue reading at PC World
[ PC World | 2013-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#nook hd
#nook store
#google play
#google search
#google maps
#barnes noble
#chrome browser
Capitalizing on the recognition of NOOK, Barnes & Noble has rebranded its self-publishing platform Pubit as NOOK Press and added features from FastPencil. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#nook press