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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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 ]
More news stories like this | News stories tagged with: #kazuo ishiguro #sonny mehta #memorial service #gail rebuck #pay tribute


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 ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house


Record number of stores in the running for Independent Bookshop of the Year

The British Book Awards, or Nibbies, have revealed the regional shortlists for the 2020 Independent Bookshop of the Year with a record 49 bookshops from nine regions across the UK and Ireland vying to be named the country’s best indie retailer for books.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 22:49:23 UTC ]
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Stationery stores are in trouble, but our love for Valentine’s Day cards burns hotter than ever

In a world determined to dematerialize our interactions with each other, we still crave the tactile experience of an actual card. Continue reading at The Washington Post

[ The Washington Post | 2020-02-11 16:53:38 UTC ]
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Stationery stores are in trouble, but our love for Valentine’s Day cards burns hotter than ever

In a world determined to dematerialize our interactions with each other, we still crave the tactile experience of an actual card. Continue reading at The Washington Post

[ The Washington Post | 2020-02-11 16:53:38 UTC ]
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Row as Barnes Children's Literature Festival chooses Waterstones as official bookseller

An indie bookshop which was the official bookseller of the Barnes Children’s Literature Festival has been replaced by organisers in favour of Waterstones. Continue reading at The Bookseller

[ The Bookseller | 2020-01-14 03:02:58 UTC ]
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UK Booksellers Association Cites Third Year of Gains in Stores

The trade association for the UK's booksellers says that following 20 years of decline, its membership counts 890 independent member-shops on its roster. The post UK Booksellers Association Cites Third Year of Gains in Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-01-10 16:36:46 UTC ]
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Book Deals: Week of January 13, 2020

Former PW reviews editor Jessamine Chan sold a debut novel, Viking Children’s bought the middle grade debut of YA author Sangu Mandanna for six figures, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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This Week's Bestsellers: January 13, 2020

Food blogger Alex Snodgrass has the #2 book in the country with the Whole30-endorsed cookbook ‘The Defined Dish.’ Plus Kiley Reid debuts with the book-club favorite ‘Such a Fun Darling,’ and Andrzej Sapkowski’s ‘The Witcher’ books get a boost from the new Netflix series. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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Book Culture stores in life or death battle

The embattled independent bookstore Book Culture on Columbus Avenue has been closed, after being served with an eviction notice by its landlord. The move, which took place Tuesday morning, also... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2020-01-08 19:57:16 UTC ]
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Ten HMV stores under threat of closure amid 'extortionate' business rates

HMV plans to close three stores by the end of the month as the retailer enters negotiations with landlords in 10 locations as "extortionate business rates mean that certain locations are no longer viable".  Continue reading at The Bookseller

[ The Bookseller | 2020-01-05 15:27:06 UTC ]
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13 books that CEOs think you should read in 2020

As you make your reading list for the next decade, consider titles that span everything from healthy school lunches to Trump’s immigration record. As another year comes to an end—and this time, the decade too—perhaps you’ve realized you haven’t quite made it through your reading list. If you’re... Continue reading at Fast Company

[ Fast Company | 2019-12-24 08:00:27 UTC ]
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Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
More news stories like this | News stories tagged with: #penguin random house #pearson


The employees at iconic NYC bookstore McNally Jackson have voted to unionize.

Earlier today, the employees of the New York City-based indie bookshop McNally Jackson voted to join the Retail, Wholesale, and Department Store Union (RWDSU). RWDSU President Stuart Appelbaum says, “We’re proud to welcome the workers of McNally Jackson into our union. Tonight, they showed that... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-13 20:10:34 UTC ]
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Lit Hub Daily: December 13, 2019

What would the Anthropocene look like on other planets? Christopher Schaberg on searching for ourselves beyond Earth. | Lit Hub We have a new favorite cookbook and it’s the 1970s classic Cooking for Orgies and Other Large Parties. | Lit Hub The rise of the downfall of the dirtbag heiress:... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-13 11:30:50 UTC ]
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NYC's McNally Jackson Likely to Unionize

Some 80% of employees at McNally Jackson, the retail chain with four bookstores and three stationary stores in Manhattan and Brooklyn, are supporting a move to to join the Retail, Wholesale and Department Store Union. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-10 05:00:00 UTC ]
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Manga, Novels, Anime, Games Mingle at Anime NYC 2019

Anime NYC 2019, held at the Javits Center November 15-17, expanded to fill the entire 410,000 square foot main exhibition floor of the convention center, with booths from anime, game, and manga companies and all kinds of merchandise. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-20 05:00:00 UTC ]
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