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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Fantagraphics, Comixology Expand Deal to the Kindle Store

Starting today, some 300 Fantagraphics titles will be available on Amazon’s Kindle Store, as the publisher has renewed and expanded its distribution deal with Comixology and Amazon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-19 00:00:00 UTC ]
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Rihanna blasts NBA's Matt Barnes for fueling dating rumors

Rihanna called out NBA star Matt Barnes on Sunday for instigating rumors that they were dating. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-18 00:00:00 UTC ]
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Former Clipper Matt Barnes gets shut down by Rihanna on Instagram

In an interview with TMZ on Sunday, Matt Barnes was questioned about his relationship with Rihanna. "Rihanna is my friend right now, so we'll see where it goes," Barnes said. Barnes went on to say that there "possibly" could be a future with her, adding that they're "just past the crush stage."... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-18 00:00:00 UTC ]
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Pearson sells Economist Group stake

Publishing group Pearson says it has agreed to sell its 50% stake in the Economist Group for £469m. Continue reading at BBC News

[ BBC News | 2015-08-12 00:00:00 UTC ]
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Pearson sells Economist Group stake for £469m

Existing shareholder Exor increases its holding from 4.7% to 43.4% to become the largest single shareholder in the publishing groupPearson has sold its 50% stake in the Economist Group, publisher of the Economist newspaper, to existing shareholders for £469m in cash.The deal, a fait accompli... Continue reading at The Guardian

[ The Guardian | 2015-08-12 00:00:00 UTC ]
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Family Christian Sale Approved, Stores Will Remain Open

Family Christian Stores will remain open after a creditor-approved sale to FC Acquisition. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-11 00:00:00 UTC ]
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Pearson Set to Offload Economist Stake for 400M Pounds

Pearson is expected to announce the sale of its stake in the publisher of The Economist magazine as early as this week for about £400m, according to people close to the matter.   The De Rothschild family and Exor, the investment vehicl ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-08-10 00:00:00 UTC ]
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Grizzlies' Matt Barnes tells his kids the Clippers are now his enemies on the court

Over the past several years, the Clippers and the Memphis Grizzlies have become rivals, their games filled with tough, physical, chippy play. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-07-29 00:00:00 UTC ]
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Pearson to sell Economist stake

Publishing company Pearson is to sell its 50% stake in the Economist Group, days after announcing the sale of the Financial Times. Continue reading at BBC News

[ BBC News | 2015-07-26 00:00:00 UTC ]
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Family Christian Stores Bankruptcy: PW’s Coverage

Keep up to date with the Family Christian's bankruptcy with PW's ongoing coverage, from the initial filings to the latest proposed deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-22 00:00:00 UTC ]
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Details of Family Christian Stores’ New Ownership Plan Emerge

Family Christian Stores aims to land under new ownership by Aug. 11 in order to recover from Chapter 11 bankruptcy. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-21 00:00:00 UTC ]
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Emma Barnes: Menial publishing jobs are destroying our future

"Why are we still getting humans to do the work of computers?" Regular FutureBook contributor Emma Barnes of Bibliocloud and Snowbooks sees paperclip-and-pencil jobs in publishing as where industry newcomers get off on the wrong foot. And she follows the meager money upstairs to find little... Continue reading at The Bookseller

[ The Bookseller | 2015-07-21 00:00:00 UTC ]
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This Week in Children's Apps: July 13, 2015

This week in apps, an interactive version of a Seuss classic reinforces literacy skills. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-16 00:00:00 UTC ]
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Comic-Con: Sales and Number of Stores Up, Diamond Reports

Led by sales of comics, revenue at Diamond Distributors rose 10% in the first half of 2015 over the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-14 00:00:00 UTC ]
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FCS Creditors to Decide Fate of Chain by August 7

Family Christian Stores creditors will vote on the fate of the beleaguered chain by August 7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-13 00:00:00 UTC ]
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This Week's Bestsellers: July 13, 2015

Coloring books continue draw attention on the PW Bestsellers list. Plus books by Daniel Silva, Ted Cruz, and other authors make their list debuts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-10 00:00:00 UTC ]
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News Briefs: Week of July 13, 2015

Class action denied in Author Solutions case and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-10 00:00:00 UTC ]
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PW Picks: Books of the Week, July 13, 2015

This week: one of the best novels of the year, and Ta-Nehisi Coates's unforgettable new book. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-10 00:00:00 UTC ]
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Book Deals: Week of July 13, 2015

Jonathan Baumbach, father of Noah, sells short story collection to Dzanc; Hachette gets Sen. Barbara Boxer’s memoir; a book on bioelectronics goes to Norton; and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-10 00:00:00 UTC ]
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Foyles Finds the Future With an App for In-store Searches

Foyles Book Search is a unique app that enables customers to find the location of a physical book within the confines of Foyle's Charing Cross bookstore. The post Foyles Finds the Future With an App for In-store Searches appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #enables customers #physical book