Investors flee as bid for Barnes & Noble's stores ends

Barnes & Noble says it plans to keep making its Nook electronic readers and will focus on offering content to its customers, even as its first-quarter net loss nearly doubled.The quarterly results came as the struggling bookseller's chairman said he is abandoning his bid for the company's retail stores. Shares tumbled 12% in midday trading.Barnes & Noble is reviewing its strategy in the wake of CEO William Lynch's departure in June and continuing declines in Nook revenue, a unit the company has invested heavily in. In a call with investors, Barnes & Noble Michael Huseby, president of Barnes & Noble and CEO of its Nook business, said the 4-year-old Nook business has had some success, with 10 million devices sold and a 22% share in the ebook market. But he said there have been missteps."We have faced an increasingly challenging competitive landscape and, as it turned out, we were overly optimistic the past two holiday seasons, forecasting demand for our Nook devices falling far short of our expectations," he said in a call with investors.In June, Barnes & Noble said it would explore making its color Nook devices with a third-party manufacturer. On Tuesday Mr. Huseby elaborated, saying the company continues to design and develop both black-and-white and color Nook devices, with at least one new Nook due out for the holiday season and more products in development. He said the company already works with third-party manufacturers for parts of the device such... Continue reading at 'Crains New York'

[ Crains New York | 2013-08-20 00:00:00 UTC ]
News tagged with: #top priority #innovative ways #book industry #electronic readers

Other news stories related to: "Investors flee as bid for Barnes & Noble's stores ends"


Pottermore ebook store sells '£3m in first month'

The Pottermore ebook store sold £3m-worth of Harry Potter ebooks in its first month, the... Continue reading at The Bookseller

[ The Bookseller | 2012-05-04 00:00:00 UTC ]
More news stories like this |


A Mother Is a Story With Neither Beginning Nor End

Next month, the Slate Audio Book Club will discuss Alison Bechdel's Are You My Mother? Continue reading at Slate

[ Slate | 2012-05-04 00:00:00 UTC ]
More news stories like this |


Cannon Street store for LS Travel Retail

LS Travel Retail UK & Ireland has opened a new UK shop at London's Cannon Street Station... Continue reading at The Bookseller

[ The Bookseller | 2012-05-01 00:00:00 UTC ]
More news stories like this |


Microsoft joins forces with Barnes

The software company announced it will invest $300 million in the bookseller's ebook and college bookstore ventures Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-30 00:00:00 UTC ]
More news stories like this |


'The End of Leadership' peddles the idea of an impotent industry

Barbara Kellerman, an academic leadership all-star, argues in her latest book that her own industry — the one that tries to teach leadership — is pointless in an era in which power has shifted from leaders to followers.To anyone who does not make a living peddling leadership courses, it might... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-29 00:00:00 UTC ]
More news stories like this |


Amazon launches Kindle eBook store en Español, over 33,000 libros to choose from

Buenas noticias para todos los amantes de los libros que viven en Estados Unidos. Amazon acaba de anunciar una nueva tienda llamada eBooks Kindle en Español. El nuevo servicio dará acceso a más de 33,000 libros que se podrán leer en los diferentes dispositivos Kindle. Esta biblioteca virtual... Continue reading at Engadget

[ Engadget | 2012-04-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #originally appeared


The End of Illness

Even as the publishing industry staggers through its geologic shift, one genre remains impervious to change or threat: the self-help book. These advice-packed tomes generally come in two distinct flavors: either a get-tough pep talk about discipline and self-control, the sort of thing one might... Continue reading at Slate

[ Slate | 2012-03-28 00:00:00 UTC ]
More news stories like this |


Blackwell and Bertrams in bid for £1.25m uni deal

Blackwell and Bertrams will go head-to-head with two other library supply services to bid for a... Continue reading at The Bookseller

[ The Bookseller | 2012-03-22 00:00:00 UTC ]
More news stories like this |


B&N "won't bring physical stores to UK"

Barnes & Noble has said it will expand its digital business internationally but will not... Continue reading at The Bookseller

[ The Bookseller | 2012-03-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #barnes noble


How To Plan Your Company's End Game

Encyclopaedia Britannica, the 244-year-old company, recently announced it would stop printing encyclopedias. Of course this triggered a flurry of talk about the end of printed books, magazines, and newspapers and a once-great company humbled by shifts in technology. But to fall into that... Continue reading at Fast Company

[ Fast Company | 2012-03-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #snew book #digital learning #bill clinton #albert einstein #marie curie


Specializing in Specialty Stores

To walk into the 5,000-square-foot book room of the Stephen Young showroom in Los Angeles’s Gift Mart is to feel the atmosphere of an old-fashioned library decorated with vintage globes and bird cages, where tables and chairs are arranged to give browsers a chance to sit and relax while deciding... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-16 00:00:00 UTC ]
More news stories like this |


PSA: Nook Tablet can be repartitioned in-store, Android app adds comic support

Did you take umbrage with Barnes & Noble's efforts to hoard all your Nook Tablet storage for its own content? Well, the book seller has made good on its promise to reassign a portion of your 16GB hard drive, opening up 8GB for personal content and leaving 5.5GB for Nook Shop content. As we... Continue reading at Engadget

[ Engadget | 2012-03-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #mortar outlets #made good #book seller #barnes noble #nook tablet


Amazon Publishing to sell series of ebooks outside the Kindle Store

It remains to be seen if it's a full-on change of policy, but it looks like Amazon is at least shifting it stance when it comes to where some of the ebooks put out by its Amazon Publishing division are sold. As you may recall, Barnes & Noble and other booksellers recently pulled print... Continue reading at Engadget

[ Engadget | 2012-03-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook form #latest addition #ebook versions #barnes noble #kindle store


Seven Ways to Improve the iTunes Store

The iTunes Store is the most popular retail outlet in the United States for buying music, and has become a digital bazaar, selling everything from TV shows and movies to ebooks and audiobooks. Continue reading at PC World

[ PC World | 2012-03-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #tv shows #itunes store


Amazon takes a company's ebooks out of stores after disagreement

When the Independent Publishers Group couldn't come to terms with Amazon, the bookselling giant took 5,000 IPG titles out of their Kindle ebook store. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-02-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bookselling giant #amazon takes


Real-Time Advertising Bidding Offers Publisher Control

As publishers attempt to make online advertising a profitable and engaging business model, real time bidding on Web inventory by prospective clients is becoming more prevalent. Conde Nast launched a private Web ad exchange with AdMeld for select clients in late 2011, and now smaller publishers... Continue reading at Folio Magazine

[ Folio Magazine | 2012-02-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #smaller publishers #select clients


Waterstones to close Epsom store

Waterstones is to close its Epsom store next month, putting 10 jobs at risk. The last day of... Continue reading at The Bookseller

[ The Bookseller | 2012-02-22 00:00:00 UTC ]
More news stories like this |


Path Isn't Only App to Upload, Store Address Book Data

Facebook, Twitter, Instagram, Foursquare and Yelp upload names, e-mail addresses and phone numbers, sometimes without explicit permission. Continue reading at PC World

[ PC World | 2012-02-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #phone numbers


Indian writers urge end to Satanic Verses ban

A group of writers in India have set up a petition calling for the lifting of the country's... Continue reading at The Bookseller

[ The Bookseller | 2012-01-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #petition calling


Kindle Store for iPad Dodges Apple's 30 Percent Rule

Amazon's Kindle Store is now iPad optimized. The company on Tuesday introduced a new touch-friendly version of its ebook storefront for iPad that allows readers to purchase and read Kindle books whether it be in Safari with Kindle Cloud Reader or Kindle for iPad. Located at... Continue reading at AllThingsD

[ AllThingsD | 2012-01-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ios apps #kindle store