Fate of Barnes & Nobles' 13 NYC stores at stake

There will be a lot fewer old-fashioned books in the Big Apple over the next decade. Barnes & Noble announced Monday morning that it is planning to prune between 189 and 239 stores by 2023, from its current total of 689. Local real estate brokers speculate that some of those locations will be in New York City.According to a Barnes & Noble spokeswoman, however, the sellstore has not changed its rate of store closures. She notes that the chain has historically closed about 15 stores per year over the last 10 years."Barnes & Noble has great real estate in prime locations and the company's management is fully committed to the retail concept for the long term," she said, though she declined to comment specifically on the future of the company's Big Apple fleet.The ongoing cutbacks come as the giant Manhattan-based bookseller, continues to face stiff competition from everyone from Wal-Mart Stores Inc. to ebooks. The chain boasts 13 locations in the city, including a half dozen large outposts in Manhattan. While Barnes & Noble's Union Square lease, for around 62,000 square feet, does not come due until 2036, according to CoStar Group Inc., other outposts have earlier deadlines. The lease on the company's 34,000-square-foot store at 555 Fifth Ave., for example, is up in two years, according to CoStar."We reach out to landlords quite often to inquire as to whether the space occupied by Barnes & Noble might be available," said Robin Abrams, executive vice... Continue reading at 'Crains New York'

[ Crains New York | 2013-01-29 00:00:00 UTC ]
News tagged with: #long term #comment specifically #000-square-foot store

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Microsoft buys Nook stake; Barnes & Noble shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing ebooks market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-30 00:00:00 UTC ]
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The Raven Book Store Owner Sells Large Stake in Store to Seven Employees

Danny Caine, the owner of the Raven Book Store in Lawrence, Kans., has sold a 49% stake in the 35-year-old bookstore to a group of seven employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-04 05:00:00 UTC ]
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Barnes & Noble Education Strikes New Financing Agreement

For the second time in less than a year, Barnes & Noble Education has reached a last-minute agreement that provides the company with the liquidity it needs to continue to operate. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-17 04:00:00 UTC ]
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24 Titles Compete for Barnes & Noble’s Children’s & Young Adult Book Awards

These 24 picture book, young reader, and young adult books are the finalists for this year's Barnes & Noble Children's and Young Adult Book Awards. Continue reading at Book Riot

[ Book Riot | 2024-03-27 13:10:40 UTC ]
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More Challenges Arise at Barnes & Noble Education

Barnes & Noble Education reported higher sales and lower losses in the quarter ended January 27, 2024, but those results were overshadowed by news that the company continues to struggle to find ways to shore up its financial position. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-14 04:00:00 UTC ]
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This is the Best Book of the Year, According to Barnes & Noble

Barnes and Noble has announced their Book of the Year for 2023 — plus the inaugural winner of their Author of the Year award. Continue reading at Book Riot

[ Book Riot | 2023-11-13 15:03:30 UTC ]
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Barnes & Noble’s Best Books of the Year

Barnes & Noble has released the finalists for their Best Books of the Year. The 12 books include a mix of genres and age categories. Continue reading at Book Riot

[ Book Riot | 2023-11-10 20:12:21 UTC ]
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Barnes & Noble Undergoes a Back-to-Basics Redesign

As the bookstore chain mounts a comeback, it’s breaking a cardinal rule of corporate branding and store design: consistency. Continue reading at The New York Times

[ The New York Times | 2023-10-17 15:29:03 UTC ]
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Barnes & Noble Education Bets It All on a New Model

Having secured financing necessary to allow it to revamp its business for fiscal 2024, B&NE has begun what could be one of the most pivotal school years in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-01 04:00:00 UTC ]
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The Barnes & Noble 50% Hardcover Sale is On Now!

Here's your chance to stock up on hardcovers on the cheap! Barnes & Noble's 50% hardcover sale is on now. Continue reading at Book Riot

[ Book Riot | 2023-08-11 20:01:51 UTC ]
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Workers at Barnes & Noble in Manhattan's Union Square vote to unionize, continuing trend

Workers at the Barnes & Noble in Manhattan’s Union Square, one of the retail chain’s signature stores, have voted to unionize Continue reading at ABC News

[ ABC News | 2023-06-08 00:38:28 UTC ]
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Barnes & Noble’s ‘Best Books of the Year So Far’ List Is Here, and It’s Got Something For Everyone

Barnes & Noble just released their "Best Books of the Year (So Far)", and the list is full of surprises. Continue reading at Book Riot

[ Book Riot | 2023-06-05 11:00:00 UTC ]
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How Should We Feel About Barnes & Noble Now?

Barnes and Noble is putting on the costume of a local indie bookstore, but their inner mechanics are still all big-box chain corporation. Continue reading at Book Riot

[ Book Riot | 2023-05-23 10:36:00 UTC ]
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Rutgers University's Barnes & Noble College Booksellers Unionize

The workers at B&N College Booksellers at Rutgers University in New Brunswick, N.J., have voted unanimously to unionize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-15 04:00:00 UTC ]
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Workers at B&N Flagship Store in NYC Launch Union Drive

Workers at the Barnes & Noble flagship store in New York City's Union Square filed on Friday for a union election with the Retail, Wholesale and Department Store Union. It is the second union drive started by B&N workers in the past month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-01 04:00:00 UTC ]
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Barnes & Noble 25% Pre-Order Sale

Barnes & Noble is taking 25% off certain pre-order books, ebooks, and audiobooks. Here's a taste of what's available, plus more information. Continue reading at Book Riot

[ Book Riot | 2023-04-26 16:50:30 UTC ]
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Moronic anti-LGBTQ bullies kicked out of Barnes and Noble.

Ethan Schmidt-Crockett, who I guess has made a name for himself “protesting” “woke” stores, was recently kicked out of an Arizona Barnes and Noble for quietly bullying the Pride Display. Schmidt-Crockett, alongside his unnamed sidekick, filmed himself prowling through Barnes and Noble, saying... Continue reading at Literrary Hub

[ Literrary Hub | 2023-04-20 13:50:23 UTC ]
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Barnes & Noble Revamps Loyalty Program with Premium Membership

The bookseller announced new benefits and discount perks in an effort to "revitalize" its membership ranks and unveiled an alternative free B&N Rewards loyalty program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-19 04:00:00 UTC ]
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Tove Jansson’s Moomin Characters Licensed to Barnes & Noble

Almost 80 years after the first of Tove Jansson's Moomins appeared, the US market finds the durable characters at Barnes & Noble. The post Tove Jansson’s Moomin Characters Licensed to Barnes & Noble appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-17 19:07:53 UTC ]
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Barnes & Noble to Overhaul Membership Program, Cut Free Educator Program

"Just use your library" is not the solution to the new price hikes and benefit decreases in Barnes & Noble's membership changes. Continue reading at Book Riot

[ Book Riot | 2023-03-01 12:57:36 UTC ]
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