A "for sale" sign may soon be hanging in the window of bookstore giant Barnes & Noble Inc., the company announced today. According to a press release issued this morning, Barnes & Noble's Board of Directors "intends to evaluate strategic alternatives, including a possible sale of the company, in order to increase stockholder value. The Board came to this decision based on the price of Barnes & Noble shares in the marketplace, which the Board believes are now significantly undervalued."
Barnes & Noble reported an 8.0% decline in third quarter sales. The retailer said that, with trends softening, it was lowering its revenue and earnings projections for the fiscal year ending in April.
When I found out I was going to become a father, I wrote The Monster Alphabet. I wanted a book to read to my son that was filled with nerdy delight, and came up with an alphabet based off the monsters of legend. Initially, I wasn't sure what to do with it. I asked my art partner, Obsidian, if he'd be interested in drawing it, but time was a serious issue for us.