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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Digital Content Convention Launching in NYC in 2015

Stream Con NYC will take place from from October 30 to November 1 at the Jacob K. Javits Center. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-09 00:00:00 UTC ]
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Oyster breaks out of its subscription shell, targets Amazon with ebook store

E-book subscription service Oyster has opened an online book store, a move that pits the young company against heavyweight Amazon.Oyster’s ebook store has the support of the top five publishers in the U.S. While Amazon also offers books from these publishers—Hachette, HarperCollins, Macmillan,... Continue reading at PC World

[ PC World | 2015-04-08 00:00:00 UTC ]
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Final Shutdown: Club Bertelsmann Closes Remaining Stores

Club Bertelsmann, Germanys first — and for a long time very successful — book club finally closed its last two retail stores on March 31st 2015. The post Final Shutdown: Club Bertelsmann Closes Remaining Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-06 00:00:00 UTC ]
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NYC Explosion Temporarily Relocates Princeton Architectural Press

After the deadly explosion in New York's East Village on March 26, Princeton Architectural Press employees have been temporarily moved from their offices at 37 East Seventh Street. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-01 00:00:00 UTC ]
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Online book shopping overtakes in-store for first time

Print book sales showed "continuing resilience" in 2014, with overall spending on print and digital titles increasing across the year. Meanwhile, online book buying overtook in-store book buying for the first time last year. In 2014, sales of print and ebooks stood at £2.2bn, up 4% from the... Continue reading at The Bookseller

[ The Bookseller | 2015-03-26 00:00:00 UTC ]
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NYC Teen Author Festival in Photos

The eighth annual NYC Teen Author Festival featured events throughout the week of March 15-23. Several authors participated, and shared photos from the event across social media. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-24 00:00:00 UTC ]
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Scholastic acquires stake in UK's Make Believe Ideas

Scholastic US has acquired a minority stake in Make Believe Ideas (MBI), a UK-based publisher for children aged 0-5, for an undisclosed sum.  The companies will showcase a co-branded series – Early Learners ages 0-5 – at the Bologna Book Fair next week and a global English language release is... Continue reading at The Bookseller

[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Scholastic Takes Minority Stake in Make Believe Ideas

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[ Publishers Weekly | 2015-03-23 00:00:00 UTC ]
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Sainsbury's offers £3 off ebooks through in-store promo

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[ The Bookseller | 2015-03-20 00:00:00 UTC ]
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Bookselling Roundup, Week Ending March 13, 2015

Two bookstores changed hands this week—Main Street Books in Davidson, N.C., and Partners Village in Westport, Mass. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-13 00:00:00 UTC ]
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Amazon opens online store on Chinese competitor's marketplace

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[ The Bookseller | 2015-03-07 00:00:00 UTC ]
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13 Delicious Comics about Cooking and Eating

From Japanese cooking competitions to fine French restaurants, baking bread and vegetarian dishes, we've put together a tasty list of 13 great comics about all kinds of food and cooking. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-04 00:00:00 UTC ]
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Pearson Earns £69M in 2014 from Penguin Random Stake

Pearson reported 2014 earnings of £69 million, after taxes, from its 47% stake in Penguin Random House. For the year Pearson reported total revenues of £4.8 billion and operating earnings of £720 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-27 00:00:00 UTC ]
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Camex 2015: College Stores Revamp; Amazon, Indies Arrive on Campus

Five years ago, the National Association of College Stores issued a white paper that looked forward to what the state of the college store would be in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-27 00:00:00 UTC ]
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Questions Raised at First Hearing for Family Christian Stores Bankruptcy

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[ Publishers Weekly | 2015-02-18 00:00:00 UTC ]
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Toy Fair 2015: Toy Stores Add More Books to the Mix

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[ Publishers Weekly | 2015-02-17 00:00:00 UTC ]
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Bookselling Roundup, Week Ending February 13, 2015

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[ Publishers Weekly | 2015-02-13 00:00:00 UTC ]
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Family Christian Stores Files for Bankruptcy, Will Restructure

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[ Publishers Weekly | 2015-02-12 00:00:00 UTC ]
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Q&A with Strand Book Store Children's Buyer Stella Williams

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