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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Poland's two largest bookstore chains, Matras and Empik, are adding new services and plan vast expansions amid a shrinking number of independent bookstores. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-07-15 00:00:00 UTC ]
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Brick-and-mortar book stores have clearly been on the decline for a while -- just look at Barnes & Noble's rocky finances. However, there's now some tangible evidence that the pendulum has swung in favor of internet-based sales. BookStats estimates... Continue reading at Engadget
[ Engadget | 2014-06-30 00:00:00 UTC ]
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Simon Barnes, The Times's award-winning chief sportswriter, is leaving the newspaper after 32 years. He claims the publisher can no longer afford his wages, according to a Sports Journalists' Association report. The report cites Barnes's email message to Mark Avery in which he wrote:"I have no... Continue reading at The Guardian
[ The Guardian | 2014-06-27 00:00:00 UTC ]
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Book World, a regional chain of 48 bookstores located in small towns and cities in five Midwestern states, is closing two Wisconsin outlets this summer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-23 00:00:00 UTC ]
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Now that pub date is here, indies have a chance to show that they can compete with Amazon. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-19 00:00:00 UTC ]
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Family Christian Stores, the largest Christian retail chain in the U.S., has appointed Charles Bengochea as president and CEO, succeeding Cliff Bartow, who is retiring after 11 years at the helm. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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In August 2012, Robert Wolven, associate university librarian at Columbia University, and co-chair of the ALA’s recently chartered Digital Content Working Group (DCWG), tried to put a brave face on the state of relations between libraries and publishers when it came to subject of ebooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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Despite the encroachment of digital downloads, sales of physical audiobooks remain resilient, with Nielsen BookScan reporting that units were up 6% through the first five months of 2014 compared to the same period last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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At Wm. B. Eerdmans Publishing Company, Bob Hetico has been named the new director of sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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Taylor Trade’s editorial director, Rick Rinehart, will appear on "Weekend Edition Sunday" on Sunday, June 15, to discuss his grandmother, the mystery author Mary Roberts Rinehart. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-13 00:00:00 UTC ]
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Google Play is soon to make ebooks available in 13 more countries around the world. The company... Continue reading at The Bookseller
[ The Bookseller | 2014-06-12 00:00:00 UTC ]
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After a decade in Boston, the agency will be moving its headquarters to New York on July 1. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-09 00:00:00 UTC ]
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When Carmichael's Kids opens in Louisville, Ky., this August, it will be the third store and first children's specialty book and toy store for Carol Besse and Michael Boggs, founders of Carmichael's Bookstore in 1978. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
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Foyles is to leave St Pancras station in London after failing to renegotiate viable terms on its... Continue reading at The Bookseller
[ The Bookseller | 2014-06-02 00:00:00 UTC ]
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Rachel Hendrick has been named operations manager of "Choice," effective immediately. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-13 00:00:00 UTC ]
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Christian retail sales increased slightly last year, even while the total number of stores in that market continued to decline, according to a state-of-the-industry report for 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-13 00:00:00 UTC ]
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Among the issues in dispute between Amazon and the Hachette Book Group are negotiations over new ebook terms, sources familiar with the matter said. And publishers also see the latest fight with Amazon as part of an ongoing battle to retain retail diversity. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-12 00:00:00 UTC ]
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Tinicum, a private equity firm with investments in media and e-commerce, has purchased a majority stake in F+W, A Content + eCommerce Company, an old media content company that has transformed itself into a digital content and retailing platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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Waterstones has opened another new-look store in York. The York bookshop has moved from its... Continue reading at The Bookseller
[ The Bookseller | 2014-04-30 00:00:00 UTC ]
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Only two years after investment company ProCures bought the 16 Selexyz high street bookshops out... Continue reading at The Bookseller
[ The Bookseller | 2014-04-16 00:00:00 UTC ]
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