This article reports on the possibility that bookseller Barnes & Noble will close 10 to 15 percent of its stores in the U.S.EBSCO_bspReal Estate Finance & Investment
along with the motto “Building Tomorrow’s Town. Today.”I guess it all depended on what you thought the future should look like. If you were looking for a bright and shiny metropolis where all of civilization’s problems had been solved through the wise ...
Second quarter fiscal year 2025 total revenue decreased by (1.4)%, or $(8.3) million, from last year to $602.1 million, primarily driven by a net decrease in physical and virtual locations, many of which were closures of underperforming stores, which has helped to improve profitability. Gross...
Bookseller Barnes & Noble has said it expects to shut up to a third of its real-world stores. CEO Mitchell Klipper has confirmed the plans in an interview with theWall Street Journal. But underlining the considered nature of the closures, Klipper said they would happen slowly over 10 years,...
Second quarter fiscal year 2025 total revenue decreased by $(8.3) million, or -1.4%, from last year to $602.1 million, primarily driven by a net decrease of 109 physical and virtual locations, many of which were closures of underperforming stores, which has...
store closures and lower online sales, in line with company expectations. First quarter comparable bookstore sales decreased, reflecting lower NOOK device unit volume and a title lineup last year that included unusually strong sales fromThe Hunger GamesandFifty Shades of Greytrilogies. “Core” compa...
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which was partially offset by lower returns and allowances. Additionally, during the prior-year period, wholesale CSS model fulfilled direct to student course material orders for retail campus bookstores that were not fully operational due to COVID-19 campus store closures, whereas those sales shift...
(core comparable sales down .2%). I believe any future decline in revenues will be at a manageable pace on a store level, and tied to store closures on an income statement basis. Similarly, “everybody knows” that the NOOK stands no chance in an iPad / Kindle world. This may be ...