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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Amazon appears to be considering opening more brick-and-mortar stores selling groceries and apparel

Amazon’s keen on both fashion and retail — and whether those interests ever intersect could help shape the next leg of the digital retail revolution. The Seattle-based Amazon has already opened two bookstores (three more are on the way) and multiple pop-up mall kiosks. Now the endless aisle... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-17 00:00:00 UTC ]
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Barnes Bookshop sold to Venetia Vyvyan

After 10 years of ownership, bookseller Isla Dawes has sold Barnes Bookshop to former director of Heywood Hill Bookshop Venetia Vyvyan for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2016-10-01 00:00:00 UTC ]
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'Over 2,000' stores to mark National Bookshop Day

Over 2,000 bookshops are preparing to celebrate the UK’s inaugural Bookshop Day on Saturday 8th October with events and book clubs, according to The Booksellers Association. Continue reading at The Bookseller

[ The Bookseller | 2016-09-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book clubs #booksellers association


Canadian Publishing 2016: A Book Lover’s Cultural Department Store

One area in which Canada may be leading the United States is the stability and even viability of its leading bookstore chain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-23 00:00:00 UTC ]
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The Legacy of 'Watchmen' in 13 Comics

For the thirty-year anniversary of 'Watchmen' and its deconstruction of superheroes, here are 13 comics that carry the torch. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-20 00:00:00 UTC ]
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Amazon Books store opens in Southern California

Amazon Books, the e-commerce giant’s seemingly incongruous bricks-and-mortar venture, is now open in San Diego. The store marks the company’s second foray into offline retail. The 3,500-square-foot shop at a mall in the University City neighborhood premiered with little fanfare Sept. 7 and is... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #southern california #amazon books #e-commerce giant #san diego


Decline of Distributors to Christian Stores Reflects Market Trends

Following the closing of Send the Light Distribution (STL) this summer, the number of book distributors serving the Christian market has dropped to a new low. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-14 00:00:00 UTC ]
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'Subway Reads' gives NYC straphangers free ebook shorts and excerpts

Have you ever been on an NYC subway? If not, let me tell you -- it is often horrible. Air conditioning can be broken, leading to high temperatures. Even worse, some people bring their food below ground, resulting in a stinky train car -- yuck! Don't even get me started on the performers --... Continue reading at Betanews

[ Betanews | 2016-08-29 00:00:00 UTC ]
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Penguin Random House, MTA Offer Free E-books to NYC Straphangers

Under the new Subway Reads promotion, NYC commuters will be able to download free ebooks via free wi-fi installed at 175 subway stations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-29 00:00:00 UTC ]
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YouTube to open first Creator Store in London

YouTube is to open its first Creator Store in London's King Cross, which will be open to the public and sell YouTuber merchandise. Continue reading at The Bookseller

[ The Bookseller | 2016-08-20 00:00:00 UTC ]
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Netflix to adapt YA thriller 13 Minutes

Netflix has acquired film rights to Sarah Pinborough’s psychological YA thriller, 13 Minutes (Gollancz), bringing Josh Schwartz and Stephanie Savage, the creators of "Gossip Girl", on board to write. Continue reading at The Bookseller

[ The Bookseller | 2016-08-17 00:00:00 UTC ]
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PRH to save $20m from NYC office move

Penguin Random House is bringing all its New York City-based employees under one roof, in Manhattan, to make annual savings of $20m (£15.4m). Continue reading at The Bookseller

[ The Bookseller | 2016-08-10 00:00:00 UTC ]
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Baltimore book stores hope for new magic in release of 'Harry Potter and the Cursed Child'

Local fans of the "Harry Potter" books and films series are gearing up this weekend for something they've long yearned for — one more journey to the wizarding world."Harry Potter and the Cursed Child," a book edition of a play debuting this weekend at London's West End Palace Theatre, will be... Continue reading at Baltimore Sun

[ Baltimore Sun | 2016-07-30 00:00:00 UTC ]
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Robert Webb to Canongate and Audible after 13-way auction

Following a "hotly-contested" 13-way auction, Canongate and Audible have acquired two "major" books - a memoir and a first novel - from comedian and actor Robert Webb. Continue reading at The Bookseller

[ The Bookseller | 2016-07-29 00:00:00 UTC ]
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Nielsen Book to launch online ISBN store

Nielsen Book is launching a new ISBN store allowing publishers and self-published authors to purchase smaller numbers of ISBNs online "within minutes". Continue reading at The Bookseller

[ The Bookseller | 2016-07-26 00:00:00 UTC ]
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NYC's Revolution Books Seeks Cash Infusion

After raising more than $100,000 to fund its move from Chelsea to Harlem, the bookstore needs to raise another $25,000 to buy more books, add air conditioning, and build an events stage. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-26 00:00:00 UTC ]
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With No Buyer, Bankrupt Hastings Will Close All Stores

A bid made by the liquidation specialists Hilco Merchant Resources and Gordon Brothers was approved yesterday, meaning that the process of selling off Hastings inventory and closing all stores will begin soon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-21 00:00:00 UTC ]
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Blackwell's urges Pokémon Go fans to 'catch 'em all' in store

Blackwell's is running a photo competition to celebrate the launch of Pokémon Go, a mobile game that allows users to catch Pokémon in real life using gps technology. Continue reading at The Bookseller

[ The Bookseller | 2016-07-16 00:00:00 UTC ]
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NYC’s Posman Books Heads to Atlanta

With stores at Chelsea Market and Rockefeller Center, the long-time New York City bookseller is testing points South with a 2,000 sq. ft. store at Ponce City Market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-12 00:00:00 UTC ]
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Thalia majority stake sold to Herder family

A major stake in German book chain Thalia has been sold to the German Herder family, which runs a longstanding publishing house of the same name. Continue reading at The Bookseller

[ The Bookseller | 2016-07-12 00:00:00 UTC ]
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