Hints and tips:
...Meanwhile, B&N is opening smaller outlets on high streets....
...Riggio made many statements about how B&N could not survive without his being more involved.” After the deal collapsed, Mr Riggio “became hostile” to the chief executive, according to the suit....
...The underwhelming performance underscores the unique challenges that B&N is facing from online booksellers like Amazon and big-box retailers like Walmart and Target, both of which have significantly expanded...
...Does America need a national bookseller chain? Could Barnes & Noble attract a buyer?...
...In a blog post in May, Dalton Caldwell, one of the founders, said: “We are making the difficult decision to no longer employ any salaried employees, including founders.”...
...However, he has since returned to the high street with B&M....
...The chairman of Barnes & Noble is proposing to buy the bricks-and-mortar stores of the bookseller in a move that would separate its digital and college book operations as a standalone company....
...Wm Morrison concentrates on “fresh food prepared by craft specialists” according to chief executive Dalton Philips....
...In the three months to July 28, the bookseller reported a net loss of $41m, or 78 cents per share, compared with a loss of $56.6m, or 99 cents per share, a year earlier....
...The bookseller has partnered with Netflix, Hulu+ and Pandora Radio to offer streaming movies, TV and music apps....
...Morrison’s new CEO Dalton Philips is spending £70m, after Kiddicare sales of £37.5m last year....
...Mr Schick says that the e-books challenge is just a small part of the “massive, massive problems” the two established booksellers have been facing....
...In the 1970s it provided major backing for fringe banks such as UDT, Keyser Ullmann and Dalton Barton, which collapsed with huge losses....
...This may all sound a marketing disaster for Barnes & Noble, but the bookseller has two things in its favour....
...Mr Lynch joined the bookseller last month, after previous experience working with online retail at HSN and IAC....
...News Corp now owns Zondervan, a Christian bookseller, and HarperOne, a publishing label that specialises in spirituality....
...Shares in B&N were down 1 per cent at $34.93 in early trade in New York....
...concluded: a) it was still used by lots of people to find things like fly fishing guides by JR Hartley and, b) an increasing number of other people used something else called a search engine....
...Ottakar’s gained 2.8 per cent to 345¼p on hopes that WH Smith will make an offer for the bookseller once it completes the demerger of its news distribution arm....
...Companies are unable to respond to the challenge from more nimble competitors, which in the case of furniture now include Homebase, B&Q and Next, as well as the omnipresent Ikea....
...To her surprise, she found a champion in the shape of the country's largest bookseller, the Barnes & Noble chain, with 700 stores across the US. B & N, though primarily a bookseller, also stocks CDs....
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