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...Barnes & Noble on Wednesday reported total sales of $755m in the fourth quarter ended April 27....
...& Noble....
...Now James Daunt has the daunting task of saving Barnes & Noble. Can he do it again?...
...Barnes & Noble is one of the few major US bookstore chains to survive the rise of online retailer Amazon, which has shaken up various retail sectors, including books....
...This month Barnes & Noble’s chief executive, Demos Parneros, was fired “for violations of the company’s policies”....
...Barnes & Noble shares rose more than 8 per cent after the Journal’s report....
...Past proposals to take Barnes & Noble private have failed. Barnes & Noble shares are down more than 30 per cent so far this year....
...Same-store sales at Victoria’s Secret fell 1 per cent last month, while Barnes & Noble said holiday-period sales fell 6.4 per cent compared to a year earlier, to $953m, as it struggles in the shadow of Amazon...
...An activist investor has encouraged Barnes & Nobles to sell itself, arguing that the company’s “unconscionably low” market value fails to reflect its status as the “one truly national bookstore chain” despite...
...Barnes & Noble on Tuesday indicated a willingness to talk with Sandell....
...In a Nashville property, a Madame Tussauds wax museum will operate where a Barnes & Noble once operated....
...Book chain Barnes & Noble said on Thursday that comparable-store sales had fallen 9.1 per cent during the holiday shopping season, prompting its shares to drop 6.8 per cent....
...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....
...Barnes & Noble shares fell 28 per cent to $11.79....
...Such an expansion, which Amazon itself has not confirmed, would position it as a competitor to booksellers such as Barnes & Noble....
...Another dismal quarter of sales declines and losses pushed Barnes & Noble shares 1 per cent lower to $25.94....
...Split evenly between cash and Barnes & Noble stock, $125m. That roughly values Nook today at about $700m....
...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....
...Michael Huseby, Barnes & Noble chief executive, said Microsoft’s exit would “allow the company to continue its rationalisation of the Nook digital business and enhance Barnes & Noble’s operational and strategic...
...Shares of Barnes & Noble were 3 per cent higher at $24.09 in New York on Tuesday. Additional reporting by Neil Munshi...
...In the US, Barnes & Noble has put its faith in selling ancillary products alongside books, including vinyl records and craft beer kits....
...Barnes & Noble, the US books retailer, climbed 3 per cent to $24.09 on Tuesday – its highest level since 2009 – after it said its quarterly loss was narrower than Wall Street expectations....
...Barnes & Noble will spin off its Nook business from its bricks-and-mortar bookstores as it seeks to boost the performance of its struggling e-reader....
...Who will be the ultimate saviour of embattled bookseller Barnes & Noble? Not John Malone, who has just closed the book....
...Barnes & Noble chairman Leonard Riggio said the sale would give it more flexibility to pursue other strategic options....
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