Decision Time for Barnes & Noble

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 ]
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Other news stories related to: "Decision Time for Barnes & Noble"


Elliott deal for Barnes & Noble goes through, Daunt heads to New York

Waterstones owner Elliott Advisors has completed its $683m (£537m) acquisition of US book giant Barnes & Noble following approval by the majority of shareholders. Continue reading at The Bookseller

[ The Bookseller | 2019-08-06 20:14:18 UTC ]
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A British Indie Bookstore Owner Holds Barnes & Nobles’ Fate In His Hands: Critical Linking, July 25th, 2019

Critical Linking, a daily roundup of the most interesting bookish links from around the web is sponsored by Libro.FM. “Despite ... Continue reading at Book Riot

[ Book Riot | 2019-07-25 10:30:48 UTC ]
More news stories like this | News stories tagged with: #bookstore #daily roundup #july 25th #critical linking


Barnes & Noble says lawsuits 'lack merit' as shareholders file against sale

Shareholders have filed two lawsuits against Barnes & Noble in a legal row over the sale as the book retailer insists the complaints "lack merit".  Continue reading at The Bookseller

[ The Bookseller | 2019-07-23 16:58:40 UTC ]
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Barnes & Noble shareholders to consider Elliott offer as details of bid revealed

Barnes & Noble has issued shareholders with a formal tender offer after rebuffing a further bid from US book distributor Readerlink, made after an initial deadline following the agreement with Ellliott Advisors had passed. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 12:42:15 UTC ]
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Win A $250 Barnes & Noble Gift Card!

We’ve got a $250 gift card for Barnes & Noble up for grabs, courtesy of Macmillan’s eDeals Newsletter! The Macmillan ... Continue reading at Book Riot

[ Book Riot | 2019-07-02 20:30:47 UTC ]
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What’s the Next Chapter for Barnes & Noble?

A hedge fund wants to buy the bookstore chain for $683 million, including debt. Will the deal work? Experts from Wharton and elsewhere share their insights. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2019-06-18 18:09:27 UTC ]
More news stories like this | News stories tagged with: #bookstore chain #including debt #$683 million #hedge fund #barnes noble


Readerlink misses midnight deadline for rival Barnes & Noble bid; Elliott offer stands

US distribution giant Readerlink LLC has missed the midnight deadline for a rival bid to Waterstones owner Elliott Advisors Ltd for Barnes & Noble, but could still propose a counter-offer.  Continue reading at The Bookseller

[ The Bookseller | 2019-06-14 19:27:47 UTC ]
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Trade figures welcome Barnes & Noble deal

Trade figures have largely welcomed the news that Waterstones boss James Daunt will become c.e.o. of both Waterstones and Barnes & Noble, after Elliott Advisors (UK) Limited bought the US chain in a $683m deal. But a warning has been sounded that some consequences of the deal - which marks... Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 07:57:43 UTC ]
More news stories like this | News stories tagged with: #book retailer #barnes noble #trade figures


Elliott to buy Barnes & Noble; Daunt will run both chains

In a seismic shift for the book trade, Elliott Advisors (UK) Limited have entered into a definitive agreement to acquire Barnes & Noble in an all-cash transaction valued at approximately $683m (£537m), including the assumption of debt. Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 06:45:26 UTC ]
More news stories like this | News stories tagged with: #definitive agreement #book trade #seismic shift


U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek

[ AdWeek | 2019-06-07 20:03:20 UTC ]
More news stories like this | News stories tagged with: #operate independently #bookseller waterstones #$683 million


Barnes & Noble has a buyer—who agreed to pay the $476 million price tag

Beleaguered bookseller Barnes & Noble Inc. has a buyer. Elliott Management Corp. agreed to purchase the chain for $6.50 per share in an all-cash transaction valued about $476 million, plus the assumption of debt, the company said in a statement Friday. Barnes & Noble shares rose as... Continue reading at Advertising Age

[ Advertising Age | 2019-06-07 16:16:58 UTC ]
More news stories like this | News stories tagged with: #—bloomberg news #bloomberg intelligence #$683 million #$476 million #retail chains


Once a book selling giant, Barnes & Noble sold to hedge fund

The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-07 15:58:20 UTC ]
More news stories like this | News stories tagged with: #independent bookstores #national chain #$476 million #hedge fund


Waterstones owner buys US chain Barnes & Noble

James Daunt will be chief of both chains after deal hailed as boost for real-world bookshopsThe hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded as a boost in their battle to preserve... Continue reading at The Guardian

[ The Guardian | 2019-06-07 14:11:50 UTC ]
More news stories like this | News stories tagged with: #james daunt #waterstones boss #uk arm


Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones

Elliott will pay some US$476 million for Barnes & Noble, having last year bought the UK's main chain Waterstones. James Daunt is to run both companies. The post Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 12:22:03 UTC ]
More news stories like this | News stories tagged with: #year bought #barnes noble #$476 million #james daunt


Barnes & Noble isn't ready to give up on the E-Ink Nook

Just in time for beach reading, Barnes & Noble is releasing a new Nook with a 7.8-inch screen and waterproof design. The new GlowLight Plus has the company's largest E-Ink screen to date, and as with past models users can choose between a cool wh... Continue reading at Engadget

[ Engadget | 2019-05-23 17:05:00 UTC ]
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Mental health books outsell diet and exercise books at Barnes & Noble

In a shift, American readers have become more interested in books about mental health than about diet and exercise, according to data released by bookstore chain Barnes & Noble. The data, collected around the New Year's season, seems to indicate that readers' annual resolutions are focusing... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mental health #barnes noble #data released #american readers


Barnes & Noble Promotes Booksellers Over Algorithms to Get Shoppers In Stores

Sometimes shopping online for holiday gifts seems like the easy way out, but when looking for something really special and personal, Barnes & Noble believes going to the store is essential to finding that perfect gift. That's why the brand is recasting its booksellers as the all-knowing book... Continue reading at AdWeek

[ AdWeek | 2018-12-11 00:00:00 UTC ]
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Parneros Will Seek Dismissal of Barnes & Noble Countersuit

In a letter to the court last week, lawyers for Demos Parneros contend that “as a matter of law” B&N lacks the foundation to recover anything from its former CEO, and further suggest that the retailer’s theory that Parneros purposefully derailed the sale of the company to preserve his role... Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-26 00:00:00 UTC ]
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Attorneys for Parneros, Barnes & Noble Meet in Court

At a 20-minute initial conference, lawyers for Demos Parneros portrayed the fired CEO as a respected executive who is now "unhirable" after being wrongly dismissed for alleged sexual harassment. Lawyers for Barnes & Noble said they have "a different view of the facts." Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-13 00:00:00 UTC ]
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Books about the Trump White House are flying off the shelves at Barnes & Noble

2018 is the year people wanted to read about politics. Barnes & Noble reported a 57% surge in sales of political books compared with last year. The sales spike was driven by books that have been selling like wildfire all year long, from Michael Wolff’s "Fire and Fury: Inside the Trump White... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michael wolff #barnes noble #year long #sales spike