B&N Education to Shutter Yuzu Platform

Barnes & Noble Education took a $12 million impairment charge in its third quarter to reflect the restructuring of its digital operations. As part of overhauling that part of its business, B&NE is closing its Yuzu digital educational platform and will replace it with a longterm agreement signed with Ingram’s VitalSource and the purchase of LoudCloud, a digital platform and analytics provider.

B&NE CEO Max Roberts said the three actions will give the company “the capabilities to offer digital products that our clients are demanding, improve our competitive position, and positively impact revenue and profitability.”