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 ]
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Although revenue at Barnes & Noble fell 1.8% in the third quarter, net income increased 11.2%. While delivering its latest earnings report, the retailer also said it is planning to open four new concept stores by April 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-03-03 00:00:00 UTC ]
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Three people were stabbed and 13 others were arrested when a Ku Klux Klan rally in Anaheim erupted in violence Saturday, police said. A small group of people representing the Klan had announced that it would hold a rally at Pearson Park at 1:30 p.m., police said. By 11 a.m., several dozen... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-02-28 00:00:00 UTC ]
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In a conference call in December, CEO Ron Boire promised further details of a prototype store. Now more specifics are starting to emerge for a store that bears striking similarities to one just opened by Amazon in November. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-24 00:00:00 UTC ]
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The miracle on Third Street continues. With beloved New York City indie St. Mark's Bookshop on the brink of shutting its doors, owner Bob Contant has revealed there is a “real possibility” that a new store will open in St. Mark's current location. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-22 00:00:00 UTC ]
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An increase in operating efficiencies, higher backlist sales, and lower returns drove double-digit earnings increases. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-12 00:00:00 UTC ]
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Simon & Schuster finished 2015 with a $2 million increase in revenue over 2014, with operating income up 12.9% to $114 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-11 00:00:00 UTC ]
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Dominique Raccah's popular Put Me In the Story line of personalized kids' books from Sourcebooks is picked up by Barnes & Noble. The post Sourcebooks’ ‘Put Me In the Story’: B&N Puts It In the Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-02-05 00:00:00 UTC ]
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Publishers, writers and agents praised the new Waterstones Tottenham Court Road as “fresh” and “funky” at its official opening last night. Continue reading at The Bookseller
[ The Bookseller | 2016-02-05 00:00:00 UTC ]
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When Vina Castillo, Natalie Noboa, and Holly Nikodem worked at the Forest Hills store, they often joked about opening a bookstore. Now that B&N has closed all three Queens stores, they're moving forward with their plans. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-24 00:00:00 UTC ]
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Exclusive Books has redesigned its flagship Johannesburg store, with the result breaking “the shackles and restraints of the chain-store mentality” in order to make books “sexy” again. Continue reading at The Bookseller
[ The Bookseller | 2016-01-16 00:00:00 UTC ]
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Bestselling novelist Julian Barnes talks to Cathy Rentzenbrink about The Noise of Time, his first novel since his Man Booker Prize triumph. Continue reading at The Bookseller
[ The Bookseller | 2016-01-16 00:00:00 UTC ]
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"There is a neat parallel between the best way to design a systems landscape, and the best way to design a network of people." All ears? Me, too. Continue reading at The Bookseller
[ The Bookseller | 2016-01-14 00:00:00 UTC ]
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A firestorm over a banned book about an Israeli-Arab love story, Pope Francis’s new book on mercy, and a reading list of books by Muslim authors are some of the hottest topics in religion publishing today. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-13 00:00:00 UTC ]
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A shuffling step carries Leonard Bernstein onto Grand Avenue. The pilasters and garlands of the PacMutual Building rise above him. Nearly 70, a balding man with a gray cattle-catcher mustache, he finds his keys and stoops to the lock in the threshold. Two bells tied to a red ribbon jingle as the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-01-01 00:00:00 UTC ]
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"These are things all professional writers should be paying attention to," writes Emma Barnes in the address she made at our inaugural Author Day. "Not just the words, but the way you work." Predictably, Barnes' comments were challenging for some. A certain proportion of attendees at any... Continue reading at The Bookseller
[ The Bookseller | 2015-12-30 00:00:00 UTC ]
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Memphis Grizzlies forward Matt Barnes was suspended for two games without pay by the NBA on Monday for his physical altercation with New York Knicks Coach Derek Fisher in October. Barnes confronted former Lakers teammate Fisher on Oct. 3 in Redondo Beach, the league announced in a release. The... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-12-28 00:00:00 UTC ]
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The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended December 13, 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-18 00:00:00 UTC ]
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To listen to the Audio Book Club discussion of Fates and Furies, click the arrow on the player below. Continue reading at Slate
[ Slate | 2015-12-10 00:00:00 UTC ]
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Philly’s Locust Moon comics store will close but continue its publishing program and its annual comics festival. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Digital publishers are looking for all kinds of alternatives to the traditional banner ad. They've typically looked at new ways of fusing editorial and advertising -- sponsored articles, branded videos, etc. -- but Mashable has come up with a way to add e-commerce to the mix.On Cyber Monday... Continue reading at Advertising Age
[ Advertising Age | 2015-11-25 00:00:00 UTC ]
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