Once on the cutting edge of book-selling, B. Dalton will close its remaining 50 store locations by the end of the month, including the chain’s first store at the Southdale Shopping Center in Edina, MN. Minneapolis Star-Tribune Jan. 11, 2010
Mike Oprins, Border’s Vice President, Merchandising – Non-Book, announced the following personnel changes late last week. The text of his Oct. 29th announcement appear in its entirety below.
I wanted to let you know of two changes in the Merchandising Non-Book area. Bob Chunn, Merchandise Director, Bargain, will transfer into the Merchandise Director role overseeing Newsstand, [...]
Playing catch-up to Amazon’s Kindle, B&N will introduce its new e-reader, called the Nook, at an event in NYC today. The Wall Street Journal Oct. 20, 2009 Paid subscription may be required.
“Barnes & Noble profit fell to $12.3 million, or 21 cents a share, for the quarter ended Aug. 1, from $15.4 million, or 27 cents a share, a year earlier.” Declining store traffic was largely to blame, according to CEO Steve Riggio. The Wall Street Journal Aug. 20, 2009
In an announcement yesterday, Barnes & Noble said that it would offer more than 700,000 books that could be read on a wide range of electronic devices, including Apple’s iPhone, the BlackBerry and personal computers. Amazon.com currently offers about 330,000 for its Kindle device. The New York Times July 21, 2009
Although CEO Ron Marshall cited the economy as a factor he also said, “We have to be a more effective promotional retailer. Our in-store execution also has to be crisper.” The Wall Street Journal Paid subscription may be required. May 27, 2009
“For the 48 weeks ended Jan. 3, Barnes & Noble store sales decreased 2.6% to $4.2 billion, while same-store sales decreased 5.4%.” Online sales for the period dropped 0.4 percent to $422.9 million. The Wall Street Journal Jan. 8, 2008 Paid subscription may be required.
Stores in Gulfport, Miss., and Lafayette, La. have re-opened and a spokesman for the company said that other affected stores are scheduled to re-open over the weekend. Publishers Weekly (Sept. 5, 2008)
The bookseller’s stock also rose on news that its second-quarter loss from continuing operations dropped to $11.3 million, or 19 cents a share, from $18.1 million, or 31 cents per share. The New York Times (Aug. 26, 2008)
The bookseller was up against a tough comparisons with last July’s release of the final installment in the “Harry Potter” series. Despite the drop, B&N beat analysts’ expectations. The Wall Street Journal (Aug. 21, 2008) Paid subscription may be required.