With dismal holiday sales, sagging shares, loan deadlines, layoffs and the resignation of its most recent CEO, Ron Marshall, Borders Group Inc. may face pressure from investors to consider a pre-packaged bankruptcy or liquidation, the Deal Pipleine reported on Saturday. The book retailer’s market cap is only about $53 million, slightly more than the $42 [...]
Apple yesterday introduced iPad, a revolutionary device for browsing the web, reading and sending email, enjoying photos, watching videos, playing games, reading e-books, and much more. Its high-resolution Multi-Touch display lets you interact with content — including 12 innovative new apps designed especially for iPad and almost all of the 140,000 apps available on the [...]
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Barnes & Noble expects to be offering live demonstrations of its Nook in its stores within a few weeks, according to industry insiders. The demos will be part of the overall in-store marketing campaign that B&N is planning for its new e-reader. The Nook has been out-of-stock for almost a week and consumers who order [...]
Barnes & Noble Inc. and Borders Group Inc., the nation’s two largest brick-and-mortar book sellers, both posted quarterly losses Tuesday and forecast a difficult holiday season, saying competition from discount chains and online retailers is stiffening.
Barnes & Noble, the larger of the two, also cut its forecast for annual profit, and shares of both retailers [...]
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The national Reader’s Choice Awards was initiated as an opportunity to allow individual readers to present their own opinions regarding their favorite authors and books. The Readers’ Choice Awards [...]