Barnes & Noble Showing Signs of Recovery

Over the last two years, the company began demonstrating solid signs of recovery. Barnes & Noble paid off all of its outstanding debt, and as of January 31, 2015, the only obligations it has are operating leases and preferred convertible shares. The company also shifted away from its device-centered strategy to a content-centered strategy for the Nook by signing an agreement with Samsung (OTC:SSNLF) to sell co-branded tablets carrying the Nook logo.