US trade urges Daunt to be independent in spirit to revive ailing Barnes & Noble

After Elliott Advisors’ takeover of Barnes & Noble in August, the firm sought the man who turned Waterstones around to right its US acquisition. But what exactly is in James Daunt’s in-tray in New York? Continue reading at 'The Bookseller'

[ The Bookseller | 2019-11-08 05:47:49 UTC ]

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Barnes & Noble Stock Jumps After Investor Ups Stake

After reporting disappointing Q1 results on Thursday, Barnes & Noble saw its stock price jump on Friday following a new investment by Richard Schottenfeld, the head of an eponymous investment firm that took a 5.58% stake in the book chain in July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
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Barnes & Noble plunges as bookseller's sales slide deepens

Barnes & Noble Inc. began its new fiscal year with disappointing results as the turnaround promised by its recently ousted chief proves elusive. Same-store sales at the book and gift seller slipped... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-09-06 00:00:00 UTC ]
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Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Lawsuit reveals takeover bid for B&N by rival 'book retailer'

Barnes & Noble was on the cusp of being sold to another book retailer in June before the deal fell through, it has been revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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Barnes & Noble’s Former CEO, Demos Parneros, Launches Lawsuit Against Bookseller

A late-summer standoff has flared with the US publishing industry's largest–and longest-struggling–brick-and-mortar retail chain. Its former CEO is suing for defamation. The company, in response, alleges sexual harassment. The post Barnes & Noble’s Former CEO, Demos Parneros, Launches... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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Investment Group Acquires 5.7% Stake in B&N

The Schottenfeld Management Corp. has acquired over 4.1 million shares of Barnes & Noble and says in a filing that it has already talked to the retailer about actions it can take to improve shareholder value. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-24 00:00:00 UTC ]
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B&N Launches New Kids' Program

Barnes & Noble has launched a nationwide program, "Kids' Book Hangout," intended to give young readers ages 6-12 a space to talk about books in its stores while playing games and activities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-09 00:00:00 UTC ]
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Industry Stocks Dipped in First Half of 2018

Neither Barnes & Noble nor the spun-off Barnes & Noble Education have done terribly well in 2018. (Amazon, however, is doing just fine.) Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-06 00:00:00 UTC ]
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Barnes & Noble CEO ouster is latest setback in age of Amazon

Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age

[ Advertising Age | 2018-07-05 00:00:00 UTC ]
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Barnes & Noble fires its CEO Parneros without severance pay

Barnes & Noble has fired CEO Demos Parneros for violating company policies and said he'll exit the post without severance.A spokeswoman declined to say why he'd been terminated. It was "not due to any disagreement with the company regarding its financial reporting, policies or practices or... Continue reading at Advertising Age

[ Advertising Age | 2018-07-04 00:00:00 UTC ]
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Waterstones U-turns over unbranded bookshop in Edinburgh

Stockbridge branch to open under Waterstones name rather than appearing independent Waterstones has backtracked on plans to open one of its new unbranded stores in a district of Edinburgh that is already home to an independent bookshop – following an outcry that included criticism from figures... Continue reading at The Guardian

[ The Guardian | 2018-05-16 00:00:00 UTC ]
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Fight or flight

Philip Jones reacts to David Leonhardt's piece on the "death of Barnes & Noble".  Continue reading at The Bookseller

[ The Bookseller | 2018-05-11 00:00:00 UTC ]
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Strange bedfellows: what Elliott Advisors wants with Waterstones

Philip Jones reacts to the sale of Waterstones and the trade's concern that a private equity purchase of a book business rarely runs smoothly. Continue reading at The Bookseller

[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Waterstones Sold, Daunt to Stay CEO

Elliott Advisors, a U.S. investment firm, has agreed to buy U.K. bookstore chain Waterstones for an undisclosed sum. James Daunt will remain CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-26 00:00:00 UTC ]
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Daunt wants to stay on as Waterstones chief after sale

James Daunt has said the process of selling Waterstones has resumed after Christmas, while expressing a desire to stay on as managing director of the chain retailer after the new owners come in. Continue reading at The Bookseller

[ The Bookseller | 2018-01-16 00:00:00 UTC ]
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A Record Year for Publishing Stocks—With a Caveat

A year that found four of the 10 companies on the PW Stock Index seeing double-digit stock price increases also saw Barnes & Noble and other big names struggle. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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Barnes & Noble’s best-selling books of 2017 are just so 2017

What do The Handmaid’s Tale, 1984, Rupi Kaur’s stories of survival, and The Subtle Art of Not Giving a F*ck have in common? They are all some of 2017’s best-selling books, according to Barnes & Noble. The bookseller has just released its top-selling fiction and nonfiction titles, and the... Continue reading at Fast Company

[ Fast Company | 2017-12-18 00:00:00 UTC ]
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Riggio Ups B&N Stake

Following Barnes & Noble's disappointing financial performance for the second quarter ended October 28, 2017, company chairman Len Riggio bought 1 million shares of company stock, raising his stake in B&N to 19.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-05 00:00:00 UTC ]
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US Industry Eyes Canadian Retailer Indigo’s Plan To Open American Bookstores

Canada’s top bookstore chain, Indigo, confirms plans to open bookstores in the US in 2018. Some believe Indigo is in a better position to compete with Amazon than Barnes & Noble. The post US Industry Eyes Canadian Retailer Indigo’s Plan To Open American Bookstores appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-09 00:00:00 UTC ]
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B&N Unveils New Apps and New Holiday Sales Strategy

Barnes & Noble's holiday sales strategies rest on new interactive apps, a new Nook model, special edition titles, and a streamlined approach to toys and gifts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-08 00:00:00 UTC ]
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