3 Things Barnes & Noble Must Do to Survive Its Next Chapter

Like a played-out fiction series, Barnes & Noble's (BKS) quarterly reports are starting to get predictable -- and depressing. Its latest, which came out on Tuesday, was another stinker. Revenue slipped 7 percent to $1.24 billion, lower than analysts were forecasting. The stock opened higher on the report as a result of the superstore chain's loss clocking in smaller than expected, but a loss is still a loss.

The fading Nook business is a major reason for shrinking sales at Barnes & Noble, but it's hardly the only trouble spot.