Barnes & Noble Inc.

Press Release: Legacy West Announces New Barnes & Noble Concept Store
September 1, 2016 at 12:43 pm

PLANO, Texas — August 31, 2016 — Legacy West, the largest new urban destination in North Texas, will be the first shopping center in the Southwest to add a new Barnes & Noble concept store to its growing list of best in class tenants. This is the fifth new store announced by Barnes & Noble,…

Barnes and Noble Faces a Challenge that Has Not Been Clearly Spelled Out
August 24, 2016 at 9:56 am

The sudden dismissal of Ron Boire, the CEO of Barnes & Noble, follows the latest financial reporting from Barnes & Noble and has inspired yet another round of analysis about their future. When the financial results were released last month, there was a certain amount of celebrating over the fact that store closings are down…

What’s Next for Barnes & Noble?
August 22, 2016 at 10:53 am

The sudden and unexpected dismissal of Barnes & Noble CEO Ron Boire by the retailer’s board last week shocked publishers, who had no inkling that the head of the country’s largest bricks-and-mortar bookstore chain would be out of a job less than one year after taking the B&N helm. B&N announced the firing late Tuesday…

Ronald D. Boire Steps Down as Chief of Barnes & Noble
August 17, 2016 at 12:11 pm

Ronald D. Boire, the chief executive of Barnes & Noble, is leaving the company after a tumultuous tenure that lasted a little less than a year, the bookstore chain announced on Tuesday. Mr. Boire is the third chief executive to leave the troubled company in just three years, after Michael P. Huseby, who resigned in…

Press Release: Barnes & Noble Education Extends Relationship with OpenStax
August 11, 2016 at 10:26 am

BASKING RIDGE, N.J. & HOUSTON — August 9, 2016 — Barnes & Noble Education, Inc. (NYSE:BNED), one of the largest contract operators of bookstores on college and university campuses across the United States and a leading provider of digital education services, today announced it will extend its current relationship with OpenStax, a Rice University-based nonprofit…

Press Release: Barnes & Noble Launches Restaurant Group; New Bookstores Will Focus on Enhanced Restaurant Experience
June 24, 2016 at 1:35 pm

NEW YORK — June 23, 2016 – Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, today announced two executive appointments: Jaime Carey, currently Chief Operating Officer, has been promoted to President of Development & Restaurant Group, effective immediately, and Michael Ladd…

Press Release: Barnes & Noble Reports Fiscal 2016 Results; Store Sales Are Flat
June 23, 2016 at 2:03 pm

NEW YORK — June 22, 2016 — Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2016 fourth quarter and full-year ended April 30, 2016. Retail sales, which include Barnes & Noble stores and, were $850 million for the quarter and $4.0 billion for the full year, decreasing 2.2%…

If Barnes & Noble Goes Out of Business, the Entire Book Industry Suffers
June 20, 2016 at 12:02 pm

Even by the standards of the ailing book publishing industry, the past year has been a bad one for Barnes & Noble. After the company spun off its profitable college textbook division, its stock plunged nearly 40 percent. Its long-term debt tripled, to $192 million, and its cash reserves dwindled. Leonard Riggio, who turned the…

Waterstones Cuts Ebook Deal with Kobo
May 23, 2016 at 9:25 am

Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. The chain book store will begin informing customers of the change from 14th June and explain how those who already have Waterstones digital libraries can transfer them to Kobo’s platform.

B&N Education’s New Cosmetics Dept Is the Death Knell for the College Bookstore
May 17, 2016 at 2:09 pm

Over the past five years B&N has been replacing more and more of the books in its retail stores with pasta, 3d printers, alcohol, and other merchandise. It's gotten to the point where I'm not sure if you can call B&N a bookstore chain any longer, and now the college bookstores run by B&N Education…