Comag Marketing Group, LLC » Barnes & Noble

Last of B. Dalton Bookstores to Close This Month

Jennifer — Mon, 11 Jan 2010 20:59:27 +0000

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

Barnes & Noble to Unveil New E-Reader Today

Jennifer — Tue, 20 Oct 2009 13:47:04 +0000

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.

B&N Records Profit Decline Amidst Reduced Store Traffic

Jennifer — Thu, 20 Aug 2009 16:19:31 +0000

“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

Barnes & Noble Plans World’s Largest E-Bookstore

Jennifer — Tue, 21 Jul 2009 15:31:05 +0000

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

B&N Reports Declines in Same-Store Sales

Jennifer — Thu, 08 Jan 2009 19:11:42 +0000

“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.

Gustav Causes Temporary Closure of Seven Gulf Area B&N Stores

Jennifer — Fri, 05 Sep 2008 18:10:14 +0000

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)

Barnes & Noble’s 2Q Net Income Drops by 15%

Jennifer — Thu, 21 Aug 2008 15:48:41 +0000

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.

Barnes & Noble Backs Off Borders Bid

Jennifer — Mon, 18 Aug 2008 14:11:24 +0000

According to a story in the Wall Street Journal, Barnes & Noble Inc. has decided not to pursue an acquisition of number two book seller Borders Group, Inc. Concerns about the length of some of Borders’ store leases was reportedly one of the reasons for B&N’s decision. Reuters (Aug. 14, 2008)

Barnes & Noble Considers Borders Acquisition

Jennifer — Thu, 22 May 2008 20:25:27 +0000

Barnes & Noble, Inc., has assembled a team of executives and advisors to review purchasing Borders Group, Inc, the number two bookstore operator, which put itself up for sale in March. A combined B&N and BGI — if federal regulators allowed it — would control roughly a third of the retail book market. The Wall Street Journal (May 21, 2008) Paid subscription may be required.

Borders Hires Two Investment Banks to Advise Company on Possible Sale

Jennifer — Fri, 21 Mar 2008 15:30:27 +0000

News of Borders’ liguidity challenges sent its shares plunging almost 29% yesterday. Commenting on the news about a rival bookseller, Barnes & Noble’s coo, Mitchell S. Klipper, said his company had not been approached by Borders, but would potentially be interested in a purchase. The New York Times The Wall Street Journal Paid subscription may be required. (Mar. 21, 2008)