Barnes & Noble Should Rally Around, Not Retreat From, Retail Stores
Liberty Media's sell-off of its stake in Barnes & Noble last month might have seemed like one more nail in the bookseller's coffin. The company has been struggling for years and most recently reporting a year-over-year revenue decrease of 10% in Q3 of 2013. B&N's Nook division had been considered its one bright spot and led to Liberty's interest in the company in the first place. But when competing with Amazon proved to be too difficult, Liberty bailed and the news of its divestiture sent B&N's share price down by 10%.