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

Other Publishing stories related to: 'Fate of Barnes & Nobles' 13 NYC stores at stake'


Bonnier buys majority stake in Norway's Strawberry Publishing

Bonnier Books has acquired a majority stake in Norwegian publishing group Strawberry Publishing AS. Continue reading at The Bookseller

[ The Bookseller | 2020-11-19 01:57:40 UTC ]
More news stories like this | News stories tagged with: #bonnier books #majority stake #bonnier


Shelley warns of 'tougher' 2021 in store for the trade

Hachette UK c.e.o. David Shelley has warned 2021 could be a "tougher" year for the industry than 2020, in an interview with The Bookseller's editor Philip Jones at FutureBook 2020.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-16 14:38:48 UTC ]
More news stories like this | News stories tagged with: #hachette uk #david shelley #hachette


Harvard Book Store Closes Temporarily Due to Employee Covid Infection

The Harvard Book Store in Cambridge, Mass., has temporarily closed to in-person browsing after a member of the staff tested positive for Covid-19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-12 05:00:00 UTC ]
More news stories like this | News stories tagged with: #temporarily closed #in-person browsing #book store


HarperCollins sales rise 13% in latest quarter

HarperCollins saw global sales increase 13% year on year in the latest quarter, with EBITDA rocketing 45%, partly thanks to a surge in digital spending. Continue reading at The Bookseller

[ The Bookseller | 2020-11-08 20:58:09 UTC ]
More news stories like this | News stories tagged with: #latest quarter #harpercollins


Trump Team Holds News Conference Outside Drab Landscaping Firm, Next to Adult Book Store

Trump first said it was going to be at the Four Seasons and everyone assumed it was the hotel but he later clarified it was Four Seasons Total Landscaping. Continue reading at Slate

[ Slate | 2020-11-07 23:30:22 UTC ]
More news stories like this | News stories tagged with: #adult book


Why Nordic publishing giant Schibsted joined the coalition lobbying for Apple App Store ‘fairness’

Schibsted is one of the newest members of the Coalition for App Fairness, a group that includes the likes of Epic Games and Spotify. The post Why Nordic publishing giant Schibsted joined the coalition lobbying for Apple App Store ‘fairness’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-10-29 04:01:18 UTC ]
More news stories like this | News stories tagged with: #epic games #publishing giant


Norwich indie opens 3D virtual store

A Norwich indie has opened up a completely virtual version of its bookshop, in what its owners are calling a world first. Continue reading at The Bookseller

[ The Bookseller | 2020-10-26 05:14:23 UTC ]
More news stories like this |


Store at Center of George Floyd Protests Wins MIBA Award

The Midwest Independent Booksellers Association named Moon Palace owners Jamie and Angela Schwesnedl booksellers of the year, lauding the couple for their response to the civil unrest in Minneapolis this past spring. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-21 04:00:00 UTC ]
More news stories like this | News stories tagged with: #civil unrest #past spring #booksellers association


Why Djuna Barnes Withdrew Into Total Seclusion the Last 40 Years of Her Life

Welcome to part two of the first episode of our new original podcast, Lit Century: 100 Years, 100 Books. Combining literary analysis with an in-depth look at historical context, hosts Sandra Newman and Catherine Nichols choose one book for each year of the 20th century, and—along with special... Continue reading at Literrary Hub

[ Literrary Hub | 2020-10-20 08:51:44 UTC ]
More news stories like this | News stories tagged with: #20th century #deep dive #literary hub


In Nick Hornby’s ‘Just Like You,’ the fate of a May-September romance keeps the audience guessing

Hornby writes insightfully about the daily disappointments, both professional and personal, that haunt ordinary lives. Continue reading at The Washington Post

[ The Washington Post | 2020-10-09 08:28:06 UTC ]
More news stories like this | News stories tagged with: #nick hornby #audience guessing


Stephen Barnes, Partner in Law Firm With Cellino, Dies at 61

A jingle helped them transform a two-partner practice in Buffalo into a 50-lawyer personal injury behemoth in New York State and California. Mr. Barnes died in a plane crash. Continue reading at The New York Times

[ The New York Times | 2020-10-08 17:06:03 UTC ]
More news stories like this | News stories tagged with: #law firm #york state


Fane becomes independent as founder reacquires majority stake

Literary events production company Fane has become independent, after its founder Alex Fane sealed a reaquisition of the 80% majority stake from Original Talent.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 22:09:50 UTC ]
More news stories like this | News stories tagged with: #original talent


New in paperback: 13 September releases worth reading

Among this month’s picks: a shortlisted Booker Prize novel and last year’s winner, Margaret Atwood’s “The Testaments.” Continue reading at The Washington Post

[ The Washington Post | 2020-09-28 13:16:37 UTC ]
More news stories like this | News stories tagged with: #margaret atwood


Suburban Toronto Indigo Store Unionizes

Workers at the Indigo Books & Music location in Mississauga, Ontario, in suburban Toronto, have voted to join UFCW Local 1006A, prompted in part by orders to clean customer bathrooms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-23 04:00:00 UTC ]
More news stories like this |


Brentwood's Diesel bookstore launches a GoFundMe as more stores struggle through pandemic

Beloved L.A. bookstores like Diesel are turning to fundraising platforms to survive the financial blows dealt by COVID-19. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-09-14 20:54:38 UTC ]
More news stories like this | News stories tagged with: #bookstore


The everyone store

As was the case when it launched in the US earlier this year, the arrival of the UK branch of Bookshop.org is timely Continue reading at The Bookseller

[ The Bookseller | 2020-09-10 19:33:22 UTC ]
More news stories like this | News stories tagged with: #uk branch


Powell’s Books will stop selling books through Amazon due to its “detrimental impact” on stores.

With this year’s Independent Bookstore Day occurring at a particularly rough time for booksellers, the iconic Powell’s Books in Portland has decided to make a statement and stop selling through Amazon. In a statement, owner Emily Powell notes that the occasion, this year, feels “especially... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-27 19:29:44 UTC ]
More news stories like this | News stories tagged with: #stop selling #independent bookstore


Stores Making Covid-19 Independent Bookstore Day Adjustments

Independent Bookstore Day is going to be a quite different celebration of books and authors this year. While some bookstores are organizing hybrid festivities, at least one is holding a completely virtual event. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-27 04:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstore


ReBoot Virtual Conference Set for October 13

"ReBoot: Books, Business and Reading," a virtual conference aimed at preparing the publishing industry for 2021, has been set for October 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry


The fate of the American middle class — beyond the White, male myths

Women and people of color are essential to the economy, too, Jim Tankersley writes. Continue reading at The Washington Post

[ The Washington Post | 2020-08-14 12:00:00 UTC ]
More news stories like this |