Earnings Dive at Barnes & Noble Education in Q2

A 22% decline in sales in its retail division led to a 79% drop in net income at Barnes & Noble Education in the second quarter ended October 31, 2020, compared to last year. Textbook sales fell and general merchandise revenue took a big hit. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-12-08 05:00:00 UTC ]

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Barnes & Noble, Former CEO Abruptly End Litigation

The sudden end to the case comes after Barnes & Noble attorneys in September succeeded in knocking out Demos Parneros's claim of defamation, and just days before a scheduled pretrial conference on the parties' remaining claims. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-27 04:00:00 UTC ]
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Barnes & Noble says shopper info may have been taken in hack

Barnes & Noble said the personal information of its shoppers may have been stolen after its computer systems were hacked Continue reading at ABC News

[ ABC News | 2020-10-15 15:58:05 UTC ]
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Barnes & Noble warns customers about cyberattack in new email alert

The company said that email addresses, physical addresses, and phone numbers were all potentially exposed, although payment information is said to be safe. Soon after Barnes & Noble apologized for a “serious network issue” that affected some users of its website and people trying to load... Continue reading at Fast Company

[ Fast Company | 2020-10-15 14:16:35 UTC ]
More news stories like this | News stories tagged with: #email addresses #phone numbers #payment information #network issue #nook e-readers #cybersecurity attack


Barnes & Noble hit by cyber attack

Barnes & Noble has been the victim of a cyber attack that saw hackers access systems containing email, shipping and billing addresses alongside phone numbers. Continue reading at The Bookseller

[ The Bookseller | 2020-10-15 11:17:23 UTC ]
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Barnes & Noble apologizes for ‘serious network issue’ after days-long Nook disruptions

Customers have reported days of disruption to the Nook e-reader service, as well as other systems that the company said have since been restored. After users reported issues with Nook e-reader book access for days, with Barnes & Noble saying Monday that a “system failure” was interrupting... Continue reading at Fast Company

[ Fast Company | 2020-10-14 17:46:15 UTC ]
More news stories like this | News stories tagged with: #network issue #barnes noble #bookstore chain


Earnings Soared at EDC in Q2

Net earnings for the second quarter ended August 31, 2020, soared at Educational Development Corp., jumping to $4.2 million, from $1 million, in the second quarter ended last August. Revenue rose 142.5%, to $59.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]
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Daunt outlines his strategy for Barnes & Noble

Barnes & Noble chief executive and Waterstones m.d. James Daunt has said the two-and-a-half month lockdown in the US was "hugely traumatic" and a "body blow" to employees, but that B&N had used the period to bring much needed changes the US chain's estate. Continue reading at The Bookseller

[ The Bookseller | 2020-09-13 18:36:08 UTC ]
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Baltimore’s Inner Harbor Barnes and Noble to close Saturday

The Barnes and Noble bookstore at 601 E. Pratt St. at Baltimore's Inner Harbor will close Saturday, according to a sign posted at the location. Continue reading at Baltimore Sun

[ Baltimore Sun | 2020-08-25 17:48:42 UTC ]
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Cars.com shares soar after Q2 earnings beat

Shares in Cars.com Inc. rose nearly 20 percent in mid-day trading Thursday after the company announced quarterly financial results that bettered analysts' expectations. The Chicago online automobile marketplace reported second-quarter revenue fell 31% to $102 million from a year earlier and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-30 17:33:07 UTC ]
More news stories like this | News stories tagged with: #year earlier #$8 million #$20 million #thomson reuters


Barnes & Noble Regroups and Looks Ahead

After the shutdown, layoffs, and a major redesign, the bookseller is reopening its stores in an uncertain book market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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With Stores Closed, Barnes & Noble Does Some Redecorating

Retail locations shuttered during lockdowns, so the company spruced up hundreds of its stores as the first step in a bigger plan. Continue reading at The New York Times

[ The New York Times | 2020-07-09 19:32:11 UTC ]
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Barnes & Noble Scales Back

Barnes & Noble has now temporarily closed more than 500 stores and furloughed "a large number" of employees across all departments at its company headquarters. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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Barnes & Noble closes 65% of stores

Barnes & Noble has temporarily shut approximately 65% of its stores following the coronavirus outbreak in the US. Continue reading at The Bookseller

[ The Bookseller | 2020-03-26 09:54:48 UTC ]
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Barnes & Noble warns of potential cuts if stores close due to coronavirus

Barnes & Noble boss James Daunt has sent a letter to staff warning of potential lay offs if stores are closed due to the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 01:04:03 UTC ]
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Barnes & Noble Reverses Course on Redesigned Book Covers

The bookseller planned to promote classic novels with covers featuring people of color for Black History Month. Critics accused it of “literary blackface.” Continue reading at The New York Times

[ The New York Times | 2020-02-05 23:31:49 UTC ]
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Enter to Win a $50 Gift Card to Barnes and Noble!

To win a $50 gift card to Barnes and Noble, just sign up for Daily Deals, our newsletter that rounds-up the ... Continue reading at Book Riot

[ Book Riot | 2020-01-02 11:31:55 UTC ]
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Q2 Sales, Earnings Up at Wiley

Helped by acquisitions, revenue at John Wiley rose 4% in the second quarter of fiscal 2020 and net income increased 2.1%. The company's academic and professional learning division was a soft spot, with revenue falling 6%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-04 05:00:00 UTC ]
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James Daunt at FutureBook Live: Barnes & Noble’s ‘Crucifyingly Boring’ Stores

Seeing Barnes & Noble stores' character 'crushed' by the corporate 'opulence' of American business, James Daunt says the chain must 'rip out the boring.' The post James Daunt at FutureBook Live: Barnes & Noble’s ‘Crucifyingly Boring’ Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-25 05:05:12 UTC ]
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US trade urges Daunt to be independent in spirit to revive ailing Barnes & Noble

After Elliott Advisors’ takeover of Barnes & Noble in August, the firm sought the man who turned Waterstones around to right its US acquisition. But what exactly is in James Daunt’s in-tray in New York? Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 05:47:49 UTC ]
More news stories like this | News stories tagged with: #elliott advisors #barnes noble #james daunt


Barnes & Noble Will Seek to Dismiss Ex-CEO’s Defamation Claim

If successful, the move for summary judgment would narrow the scope of any future trial, B&N attorneys say, and more importantly knock out a claim for which former CEO Demos Parneros is said to be seeking roughly $70 million in damages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #defamation claim #barnes noble #summary judgment #bn attorneys