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Showing results for Barnes & Nobel Booksellers, Inc.
...it “would be a very sensible place” for the bookseller....
...In the US Barnes & Noble, the mega book chain, opened 16 new outposts last year and has plans to add an additional 30 in 2023....
...Meanwhile, leading bookstores, from Barnes & Noble in the US to Dymocks in Australia, now feature shop displays devoted to what’s trending on #BookTok....
...“At Waterstones and now at Barnes & Noble, you have to bring the ethos of this shop — literally this shop.”...
...Elliott in 2018 acquired Waterstones, the UK bookseller chain in the midst of a solid turnround....
...Elliott struck a deal in early June to buy the struggling retailer for $683m, including debt, a little more than a year after the activist hedge fund took over UK bookseller Waterstones....
...Elliott Management has reached a deal to acquire US bookseller Barnes & Noble, raising the activist hedge fund’s bet on an industry that was the first victim of Amazon’s attack on physical retail....
...The two companies will be run as separate businesses and Mr Daunt says his aim is not to turn Barnes & Noble into Waterstones, but rather to create the conditions for it to be a better bookseller: “I won...
...(FT) Daunt: The sequel Britain’s top bookseller fought Amazon and won. Now James Daunt has the daunting task of saving Barnes & Noble. Can he do it again?...
...“Mr Parneros’ actions were unacceptable and not representative of the high standards by which Barnes & Noble operates.”...
...His departure comes as the once high-flying bookseller struggles to revive sales amid fierce pressure from online sellers like Amazon....
...The decision to begin a formal review process was prompted by stake building by a single mystery buyer in Barnes & Noble in the open market, which the bookseller said was occurring in “rapid material accumulations...
...Late on Thursday, the US’s sole standalone bookseller, Barnes & Noble, reported such a disastrous holiday season that even a White House blockbuster cannot make up for it....
...Barnes & Noble continued to bleed red ink during the latest quarter, with the country’s last remaining major bookstore chain posting another sales slump as online retailers chipped away at its core business...
...Does America need a national bookseller chain? Could Barnes & Noble attract a buyer?...
...encroaching competition from online booksellers....
...The question is whether change will come in time to save Barnes & Noble from the fate that has befallen other brick-and-mortar-reliant booksellers like Borders, which filed for bankruptcy in 2011....
...In a brief but biting statement on Tuesday, the struggling bookseller said Mr Boire was leaving after the board determined that he “was not a good fit for the organization”, adding that “it was in the best...
...Barnes & Noble shares took a hit after the US bookseller said its loss widened in the first quarter and sales declined for the fifth consecutive quarter amid weaker demand for its Nook ereader....
...In the US, Borders went out of business in 2011, leaving Barnes & Noble the sole national bookstore chain. At the same time, some smaller chains of upmarket booksellers have thrived....
...Barnes & Noble fell 16.68 per cent to $10.04 after the US bookseller swung to a loss in the fiscal second quarter and said sales of Nook, its ereader, had tumbled....
...Seuss book, and the latest instalment in the 50 Shades of Gray series — have Barnes & Noble bubbling. It has been a tough five years at the US bookseller....
...Such an expansion, which Amazon itself has not confirmed, would position it as a competitor to booksellers such as Barnes & Noble....
...Bookseller Barnes & Noble was up 0.97 per cent to close at $25.99 as it announced a new chief executive for its retail business, former Sears Canada boss Ron Boire....
...The bookseller is buying Microsoft’s stake in Nook Media, its ereader and college bookstore subsidiary, for $62.4m in cash and 2.7m shares, for a total which it valued at $125m....
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