January 28, 2013 |
Big box bookstores such as Barnes & Noble were once considered a major threat to the health of the book-selling industry, offering discounts, massive selections and lattes that independent bookstores could not. Now things have changed: Barnes & Noble is the last national bookstore chain standing, and it's getting smaller ... and smaller ... and smaller. In 2008, Barnes & Noble had 726 stores. It currently has 689 stores and in 10 years, it plans to have just 450 to 500. That's what Mitchell Klipper, chief executive of Barnes & Nobkle's retail group, told the Wall Street Journal.
September 25, 2012 |
Barnes & Noble Inc., in its bid to keep up with online retail rival Amazon.com, said it will begin offering movies and television shows through its Nook store starting this fall. The bookseller said Nook Video will sell and rent movies and TV shows from HBO, Sony Pictures Home Entertainment, Starz, Viacom and Warner Bros. Entertainment, as well as films from Walt Disney Studios. The video can be streamed or downloaded from the Nook store, and deposited in the Nook Cloud so that it can be accessed from Internet-connected devices.
February 5, 2013 |
Barnes & Noble isn't near dead, but a lot of writers are lining up to lament its passing. They say the chain's demise would be a blow to books, especially in suburban America. Last week, Barnes & Noble announced that it would close about 20 stores each year over the next decade, leaving at least 450 stores (before the Great Recession struck, the chain had 726). Suddenly, the book behemoth, once seen as responsible (with its vanquished foe, Borders) for the demise of many an independent bookstore, is being celebrated for its contribution to book culture.
February 25, 2013 |
Barnes & Noble Inc. Chairman Leonard Riggio is hoping to buy out the struggling retail side of the bookstore business he bought some 40 years ago as digital advances and online competition threaten the chain's growth. In a Securities and Exchange Commission filing, Riggio said he plans to make an offer for Barnes & Noble Booksellers and barnesandnoble.com. The proposal will exclude the separate unit the company created this fall to deal with its Nook e-reader and college bookstores efforts.
March 13, 2012 |
Struggling Barnes & Noble Inc., in its latest attempt to draw shoppers into bricks-and-mortar stores, is adding 25 in-store boutiques that sell products from Penguin publishing house, a report said. These boutiques, which have already been tested in 10 Barnes & Noble stores, are stocked with books published by Penguin and other gift-type items such as mugs and totes, the Wall Street Journal reported. Each one occupies about 200 square feet. The test boutiques have proved successful thus far, and Barnes & Noble decided to expand the concept into more than two dozen other stores, said Patricia Bostelman, a vice president of marketing for the bookseller.
September 27, 2012 |
Many companies have been making an effort to green their businesses, finding ways to use fewer resources. One way has been to convert traditional paper-based processes to electronic ones. There's really no faulting Barnes & Noble for choosing to pay its employees by direct deposit, rather than using paper payroll checks. Except that it means, in one part of its business, Barnes & Noble has gone paperless. "I find it ironic that a book retailer would go paperless," wrote a Barnes & Noble staffer on the Facebook page of journalist Lisa Napoli.