Barnes & Noble is still clinging to life despite years-long rumors that almost every aspect of the business model is at death's door. With physical stores closing and the Nook constantly rumored to be on the chopping block, it's hard to know what to believe. So the recent announcement that B&N's Press (formerly Nook Press, the self-publishing wing of the company) is now … [Read more...] about BN Press Now Offers Pre-Orders, But Why?
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Barnes and Noble to open new concept store that focuses on books
Barnes and Noble experimented with a few different prototype stores in the past few years. They focused on primarily adding a full restaurant experience where people can buy food and drinks and read their favorite book. This week they are opening up a new prototype store in Vernon Hills Chicago. The 17,400-square-foot store will feature oak bookshelves and wood grain tile … [Read more...] about Barnes and Noble to open new concept store that focuses on books
Barnes and Noble is going to sell the company
Barnes and Noble has received multiple bidders to purchase the entire bookstore chain and the Nook. The bookseller said on Wednesday that they would form a launch a formal review process to evaluate its strategic options. A special committee of the board will lead the review. Leonard Riggio the largest shareholder has has committed to support and vote his shares in favor of … [Read more...] about Barnes and Noble is going to sell the company
Barnes and Noble Chief of Digital Fred Argir Retires
Barnes and Noble Chief of Digital Fred Argir has retired. He was initially hired by Jaime Carey who was the president of the development and restaurant group, and left in 2016. Fred was basically hired to cut costs in the Nook division. Under his watch the Nook App Store and Nook Videos was shuttered and software development was outsourced to an Indian firm. The Silicon Valley … [Read more...] about Barnes and Noble Chief of Digital Fred Argir Retires
Barnes and Noble is throwing in the towel on the Nook e-reader
Barnes and Noble is officially not prioritizing the Nook anymore. The company has announced that in the past three months hardware digital sales fell 8.6%, to $25.3 million. One of the big reasons of the decline is that some stores were moving the Nook section to the back of the bookstore. Apparently this is going to occur in every store going forward. Tim Matel the Chief … [Read more...] about Barnes and Noble is throwing in the towel on the Nook e-reader
Demos Parneros sues Barnes and Noble for wrongful dismissal
Barnes and Noble CEO Demos Parneros was fired last month for breaking company policies and he did not receive any severance pay. The bookseller did not disclose on why he was fired, but the answer came spilling out in a public exchange of accusations between Mr. Parneros and the company — including that Mr. Parneros had been fired in part because of claims of sexual harassment … [Read more...] about Demos Parneros sues Barnes and Noble for wrongful dismissal
Publishers are raising concerns about Barnes and Noble management
Major publishers have attended meetings with the founder of Barnes and Noble and have voiced their displeasure that the booksellers management team is in a constant state of disarray. They indicated that they have a strong interest in Barnes & Noble running a healthy and stable business, to counteract the clout of Amazon. Barnes and Noble has gone through five different … [Read more...] about Publishers are raising concerns about Barnes and Noble management
Barnes and Noble says books on anxiety are soaring
Barnes and Noble has stated in their Buzz Newsletter that the sales of books related to anxiety are up more than 26% through this past June from a year ago because "we may be living in an anxious nation." The books that made the list show customers gravitating toward workbooks and toolkits with how to deal with anxiety, a trend Senior Director of Merchandising Liz Harwell … [Read more...] about Barnes and Noble says books on anxiety are soaring
Barnes and Noble wants you to bring your kids to the bookstore
Barnes and Noble has always run various campaigns to bring families to the bookstore. Their summer reading program has been running for 22 years and until September 3rd they are encouraging kids across the country in grades 1-6 to celebrate the joy of reading and even get a free book by reading eight books and turning in a completed reading journal listing the books they’ve … [Read more...] about Barnes and Noble wants you to bring your kids to the bookstore
What is next for Barnes and Noble?
Barnes and Noble recently fired CEO Demos Parneros for violating its policies. The bookseller refused to go into detail about what the violations were. It does note that the termination wasn’t due to differences of opinion or any potential fraud. He did not receive any severance pay and many industry insiders are speculating that it had to do with sexual harassment. B&N … [Read more...] about What is next for Barnes and Noble?