Barnes and Noble first got into the e-reader business in 2009 and the first few years were very profitable, primarily due to the lack of entrenched competition. The only company that mattered at the time was the Amazon Kindle, but it launched only two years prior. Barnes and Noble started to lose money when companies like Apple and Samsung popularized multimedia tablets, that … [Read more...] about Will Barnes and Noble sell the Nook ereader unit?
barnes and noble
Barnes and Noble Browsery for Android Now Available
Barnes and Noble has been beta testing a new Android app for the past three months and it is called Browsery. It is a gathering place for readers who talk about books with the same passion you do. Rooted in the core elements of the Barnes & Noble store experience – browsing, community, and conversation – Browsery helps you find your next favorite book through the knowledge and … [Read more...] about Barnes and Noble Browsery for Android Now Available
Barnes & Noble Organizing Book Clubs at all their Stores
Barnes and Noble Book Clubs is a new initiative at all 600 of the bookstores to get people together and discuss specific books. The first title will be Meg Wolitzer’s novel, The Female Persuasion and readers will meet on May 2, from 6pm-7pm local time, at stores across the country. Many book clubs and reading groups already meet at Barnes & Noble stores across the … [Read more...] about Barnes & Noble Organizing Book Clubs at all their Stores
Barnes and Noble will Open Five New Prototype Stores this Year
Barnes and Noble will open five new protype stores over the course of 2018. The bookseller wants to get away from the large store format and do something half the size. This will result in more quality books being stocked and better quality merchandise. They will also have typical cafe where you can buy pastries and coffee. The CEO of Barnes and Noble Demos Parneros stated … [Read more...] about Barnes and Noble will Open Five New Prototype Stores this Year
Barnes and Noble Nook Actually Made Money
Barnes and Noble announced their latest financial results and it is dire. Total sales for the third quarter were $1.2 billion, declining 5.3% as compared to the prior year. Comparable store sales decreased 5.8% for the quarter, primarily due to lower traffic. Comparable store sales trends did improve in January, declining 3.5%. The bookseller hopes to have a $100 million … [Read more...] about Barnes and Noble Nook Actually Made Money
Barnes and Noble Should Take a Lesson from Waterstones
Waterstones was a bookstore that was getting battered by Amazon and ebooks. Every quarter they saw a decline in print sales and in 2011 was $219 million in debt and on the verge of bankruptcy. That's when Russian billionaire Alexander Mamut, a banker and investor, in a surprise move purchased the chain for for $68 million and hired James Daunt as the CEO. Within a few … [Read more...] about Barnes and Noble Should Take a Lesson from Waterstones
Roundtable – Dual Screen e-readers, B&N and Walmart Kobo e-Readers
Welcome to another exciting edition of the Good e-Reader Roundtable with Michael and Peter. Today on the show the two fellows talk about the recent firings Barnes and Noble made last week, where 1,800 people were let go. Walmart and Kobo struck a deal where audiobooks and ebooks would be sold on the Walmart website and Kobo e-readers would be available in all US stores. Dual … [Read more...] about Roundtable – Dual Screen e-readers, B&N and Walmart Kobo e-Readers
Barnes and Noble is Imploding Within
Barnes and Noble fired 1,800 people last week in a bid to save $40 million dollars per year. They let go hundreds of casiers, receiving managers, the people who order and stock magazines, the folks who lead storytime and read books to children. They also axed the folks who manage the discount bins and the Nook technical and sales staff. The bookseller also laid off many … [Read more...] about Barnes and Noble is Imploding Within
Barnes and Noble is Sacking Customer Service and Digital Leads
Barnes and Noble has sacked many employees this morning, many showed up to work and told they no longer had jobs. This included customer service personal, cashiers, Nook staff and digital leads in the ebook department. The exact number of people who were fired is not known, but the bookseller has 26,000 people working for them in the United States since last April. B&N had a … [Read more...] about Barnes and Noble is Sacking Customer Service and Digital Leads
Textbook Rentals Tackle Skyrocketing Costs
College costs have risen by as much as 1200% in the past three decades, as tuition, books, housing, and miscellaneous fees have all skyrocketed. Those increases are coupled with shrinking incomes, at least from the standpoint of wages typically not mirroring increased inflation over the years. While a number of sources can offer prospective students a little financial relief … [Read more...] about Textbook Rentals Tackle Skyrocketing Costs