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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Downer to open new store

Former Borders UK c.e.o. Philip Downer is to open a new store, selling books, gifts and... Continue reading at The Bookseller

[ The Bookseller | 2012-12-06 00:00:00 UTC ]
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Txtr Launches E-Book Store in Denmark

Berlin-based startup txtr has launched a Danish ebook store, with special promotions from two Danish publishers set to begin on December 3rd. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-30 00:00:00 UTC ]
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Take Your Child to a Bookstore Day is celebrated at stores around the world

Founded by a writer and mother, Take Your Child to a Bookstore Day is set for Dec. 1 this year. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-11-27 00:00:00 UTC ]
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Barnes, Miller, Obreht on IMPAC longlist

Andrew Miller's Costa Prize-winning novel Pure and Julian Barnes' Man Booker-winner The... Continue reading at The Bookseller

[ The Bookseller | 2012-11-12 00:00:00 UTC ]
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Sandy sends NYC sales to an all-time low

Hurricane Sandy has blown book sales in New York City and several other US East Coast... Continue reading at The Bookseller

[ The Bookseller | 2012-11-08 00:00:00 UTC ]
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DC Comics brings a veritable justice league of titles to Kindle, iBooks and Nook Stores

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[ Engadget | 2012-11-08 00:00:00 UTC ]
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WHS to trial BookPlus Heathrow store

WH Smith plans to open a trial store dedicated mainly to books, WHS BooksPlus, as the company... Continue reading at The Bookseller

[ The Bookseller | 2012-10-11 00:00:00 UTC ]
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Amazon launches India Kindle Store, swap rupees for good reads

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[ Engadget | 2012-08-22 00:00:00 UTC ]
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Amazon launches India Kindle store

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[ The Bookseller | 2012-08-22 00:00:00 UTC ]
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Waterstones starts readying stores for Kindles

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[ The Bookseller | 2012-08-17 00:00:00 UTC ]
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Warren Buffett Increases Stake in Lee Enterprises

Warren Buffett's Berkshire Hathaway Inc. has nearly doubled its stake in newspaper publisher Lee Enterprises, the parent company of the St. Louis Post-Dispatch.   Lee's shares jumped nearly 20 percent on the news Wednesday, closing at $1 ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-08-16 00:00:00 UTC ]
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Waterstones changes store guidance on events

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[ The Bookseller | 2012-08-01 00:00:00 UTC ]
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Borders online store to lose its name

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[ The Bookseller | 2012-07-31 00:00:00 UTC ]
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Australian Billionaire Threatens to Dump Fairfax Media Stake

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[ Editor & Publisher | 2012-06-26 00:00:00 UTC ]
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Shares of Lee Enterprises Surge After Buffett Buys Stake

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[ The New York Times | 2012-06-07 00:00:00 UTC ]
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Sony launches web store for e-Books, Android app also gets refresh

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[ Engadget | 2012-06-06 00:00:00 UTC ]
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Daunt planning more stores, plus 'click and collect'

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[ The Bookseller | 2012-05-28 00:00:00 UTC ]
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W H Smith 'eyeing Clinton Cards stores'

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[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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Art Check: A Broadway Couple Shoots NYC

In the handsome new coffee table book The Outdoor Museum, stage actress Margery Gray Harnick sets the scene while her husband, Pulitzer-winning lyricist Sheldon Harnick, provides poetic accompaniment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-05-11 00:00:00 UTC ]
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The Paper Store

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[ Publishers Weekly | 2012-05-11 00:00:00 UTC ]
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