In a conference call with analysts, Lynch said the retail stores are an “excellent business,” and Mitch Klipper, CEO of B&N’s retail group, said the company has been successful in getting lower rents when leases come up for renewal. In the next two to three years, two-thirds of B&N’s leases expire, Lynch noted, giving B&N the opportunity to further reduce rents. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2012-02-24 00:00:00 UTC ]
Liberty Media Corp. executives laid out their rationale for their surprise bid for Barnes & Noble Inc., touting the potential of the bookseller's Nook e-reader and the vast network of retail stores it can use to promote it. Continue reading at AllThingsD
[ AllThingsD | 2011-05-24 00:00:00 UTC ]
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