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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Vivendi buys stake in Lagardere

Vivendi, parent company of French publisher Editis, has acquired 10.6% of Lagardère. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 10:26:48 UTC ]
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Add a kick to your online shopping with these rare books from MoMA Design Store.

Here’s some news to mix up your quarantine-driven online shopping life: the MoMA Design Store has just released a selection of rare books from its archive, and they’re now on sale at its website. The books include seminal texts like a first edition of William Eggleston’s Guide by John Szarkowski... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-20 20:00:04 UTC ]
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Audible acquires sportswriter novel by Simon Barnes

Audible will publish novel The Game's Gone by Simon Barnes, former chief sports writer of the Times, exclusively on audio. Continue reading at The Bookseller

[ The Bookseller | 2020-04-20 14:14:31 UTC ]
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Comic Creators Unite to Benefit Stores

A large group of comic book creators will be using Twitter to auction books, art and more to benefit stores upended by the coronavirus pandemic. Continue reading at The New York Times

[ The New York Times | 2020-04-14 13:49:17 UTC ]
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Book Deals: Week of April 13, 2020

Among the big deals this week are the acquisitions of a new book about Covid-19 by Spillover author David Quammen and a biography of abolitionist John Brown. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
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This Week's Bestsellers: April 13, 2020

April Read with Jenna pick ‘Valentine’ by first-time author Elizabeth Wetmore debuts at #4 on our hardcover fiction list. Plus Terry McMillan’s ‘It’s Not All Downhill from Here’ lands at #13 in hardcover fiction, and though the movie’s release date is uncertain, the tie-in edition of A.J. Finn’s... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
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B&NE Furloughs College Store Employees

After closing most of its college campus stores, Barnes & Noble Education has furloughed "the majority of the [Barnes & Noble College] workforce and a select number of employees from the company’s other segments,” the company said in a memo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-06 04:00:00 UTC ]
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13 Essential Pandemic Novels

Writing recently in The New Yorker, Jill Lepore noted that reading itself in an infection. "But, then," she writes, "the existence of books, no matter how grim the tale, is itself a sign, evidence that humanity endures." We're inclined to agree. So what literary contagions have remained with us?... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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13 Action-Packed Book Series for Middle Schoolers

Readers looking for must-read book series for middle schoolers can find plenty of suggestions for mystery, fantasy, and more. Continue reading at Book Riot

[ Book Riot | 2020-03-27 10:35:57 UTC ]
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Innovative indies find online silver lining as coronavirus closes stores

Indie bookshops are focusing on online sales and coming up with innovative ideas for business after the coronavirus crisis forced physical stores to close. Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 17:14:30 UTC ]
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Unemployed NYC Booksellers Launch Online Bookstore

More than a dozen out-of-work booksellers in New York City have launched The Bookstore at the End of the World on Bookshop.org, to "make money doing what they do best." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-25 04:00:00 UTC ]
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Pan Mac 'forensically reviewing' publication programme as stores shut

Pan Macmillan has said it is “forensically reviewing” its publication programme to decide on possible title moves following the closure of major high street chains during the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 15:41:34 UTC ]
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W H Smith closes 60% of stores as Johnson shuts shops and libraries

W H Smith has closed around 60% of its shops after the Prime Minister ordered non-essential stores to shut owing to the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 20:27:47 UTC ]
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Dispatch from an Empty Store (shelftalker)

View from the front lines of bookselling just a few days into quarantine season. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-18 12:00:00 UTC ]
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Half Price Books Closes All 126 Stores

Half Price Books became the largest U.S. bookstore chain to close its doors as a result of the pandemic. The company, which has 126 stores in 17 states, said there would be no layoffs among its 3,000 employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-18 04:00:00 UTC ]
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NYC public libraries are suspending all programs through March, but will remain open to readers.

This morning, both the Chief Librarian of the Brooklyn Public Library and the President of the New York Public Library released statements announcing that they would be cancelling public library programs for the rest of March, in an effort to limit the spread of COVID-19 and encourage social... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-12 16:51:47 UTC ]
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An Interview With the Brussels Book Fair’s New Director Marie Noble

At the Brussels Book Fair under Marie Noble's direction, 'We're not only going to flirt' with Belgium's Flemish culture, 'we're going to get married.' The post An Interview With the Brussels Book Fair’s New Director Marie Noble appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-12 13:09:13 UTC ]
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PRH Gives NYC Staff Ability to Work from Home

Acknowledging that many people in its New York City headquarters may be uncomfortable commuting to its office, PRH US CEO Madeline McIntosh issued a memo saying the any employees who are able to complete their work from home may do so. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-11 04:00:00 UTC ]
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Swift, Ishiguro, Barnes remember Sonny Mehta at London memorial

Sonny Mehta was the "Rolls-Royce of publishers", a memorial service in London heard yesterday, as authors including Graham Swift, Kazuo Ishiguro and Julian Barnes joined publishers Markus Dohle and Gail Rebuck to pay tribute to the long-time editor-in-chief of Knopf, who died in December. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 00:20:15 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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