Barnes and Noble has been running their own book clubs in 600 of their stores since early last year. Their primary focus has been getting adults to come and buy some snacks and gab over the latest book. The bookseller is now trying their hand at getting teens to come too. The YA Book Club will run on every second Thursday of each month in Barnes and Noble bookstores nationwide … [Read more...] about Barnes and Noble launches new YA book club
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Will Barnes and Noble get serious about the Nook?
The Barnes and Noble Nook and digital ebook store has lost its shine in recent years. This is partly due to Amazon being the online retailer of choice and the Kindle having a dominant market share. Kobo e-readers, audiobooks and ebooks are available in thousands of Walmart stores. It looks like B&N is not giving up on the Nook just yet, and there are two new executives … [Read more...] about Will Barnes and Noble get serious about the Nook?
Barnes and Noble had a profitable holiday quarter
Barnes and Noble has announced that in the last three months of 2018 they generated $1.2 billion and net income was $66.9 million. Comparable store sales increased 1.1%, which was their best performance in several years. Book sales decreased 1.2% for the quarter. Trade paper, kids and young adult book sales fell short. Allen Lindstrom the CFO of B&N said that "Online sales … [Read more...] about Barnes and Noble had a profitable holiday quarter
Barnes and Noble should release a new Nook in 2019
Barnes and Noble is in a sordid state of affairs, in the most recent quarter, the company has $11.2 million in cash and $63.7 million in accounts receivable. While it doesn’t have any short-term debt, it does have over $621 million in accounts payable. This means it owes landlords, publishers and suppliers a copious amount of money and their long-term debt sits at $278 million. … [Read more...] about Barnes and Noble should release a new Nook in 2019
Barnes and Noble finally experiences holiday growth
Barnes and Noble has a brutal holiday season last year and they promised that in 2018, things would be different. The bookseller has just reported that comparable store sales increased 4.0% between Black Friday and New Year’s Day and 1.3% for the nine-week holiday period ending December 29, 2018, making the best comparable sales performance for B&N in several years. They … [Read more...] about Barnes and Noble finally experiences holiday growth
Beware of phishing emails about your B&N Nook account
Over the course of the past few weeks there has been an inundation of phishing emails from Barnes and Noble and Nook accounts. They emails are imploring users to change their passwords and even provide phone numbers. The emails are not from B&N, and instead trying to get access to your account for nefarious purposes. Most major companies have a good fraud department that … [Read more...] about Beware of phishing emails about your B&N Nook account
Barnes and Noble offers tons of books for 50% off
In order to drive traffic to their 600 bookstores and generate meaningful revenue for the holiday season B&N has just announced that over 100 books, including some of the year’s hottest gift books and new releases, will be 50% off starting today, through Monday, December 24th. The 50% off selection covers a wide range of genres, and includes gift books such as Justin … [Read more...] about Barnes and Noble offers tons of books for 50% off
Barnes and Noble releases Nook Tablet 7 2018 Edition
Barnes and Noble released the Nook Tablet 7 last year and it is considered a very budget device. It primarily completed against the Amazon Fire 7 and appealed to people invested in the B&N ecosystem. Today the nation's largest bookseller announced a second generation NOOK 7 tablet with expanded storage to carry your virtual library, and an updated reading experience just in … [Read more...] about Barnes and Noble releases Nook Tablet 7 2018 Edition
Barnes and Noble Plans to Open 15 New Stores in 2019
Barnes and Noble plans on opening up to 15 new stores in 2019. Some of these are existing stores that are closing down due to the high price of a new lease and others will be new areas. Carl Hauch, VP of stores said that roughly one-quarter of the 2019 stores be in new locations. Many of the new stores that are going to be opening will be smaller in size. Existing bookstores … [Read more...] about Barnes and Noble Plans to Open 15 New Stores in 2019