Barnes & Noble May Spin Off Nook Business. Barnes & Noble could be a very different company one year from now. Following a report in Wednesday’s Wall Street Journal that B&N is looking to sell Sterling Publishing (a process that a source told PW “is moving along”), the company disclosed Thursday morning that it is considering spinning off its [...]
Lombardi Resigns as Barnes & Noble CFO. Joe Lombardi has resigned as chief financial officer of Barnes & Noble after nine years. He will remain with B&N as a “non-officer employee” until mid-2012 to assist in the transition to a new CFO. Until a permanent replacement is found Allen Lindstrom, v-p, corporate controller, will serve [...]
B&N Expands Online Marketplace. Barnes & Noble is expanding its non-book offerings. The company, which already sells a variety of forms of media and entertainment, ranging from games to toys to crafts, is adding over one million new products to its online marketplace. The growth is coming [...]
Liberty Media’s long courtship of Barnes & Noble ended Thursday afternoon with the company agreeing to invest $204 million in the retailer through newly issued convertible preferred stock. The agreement fell far short of the much-discussed purchase of B&N by Liberty and it was unclear if all of B&N’s shareholders, most notably Ron Burkle, will [...]
Barnes & Noble Announces Black Friday and Cyber Monday Deals and Steals Shop Early and Spend Less on Wide Selection of Popular Books, Movies, Toys & Games and More Company to Offer Free $25 Membership to First 25 Customers with $50 Purchase in Participating Stores New York, New York – November 22, 2010 – Barnes [...]
Customers Begin To Touch the Future of Reading(TM) As Barnes & Noble Starts to Ship NOOKcolor(TM), The Ultimate Reading Experience Initial Devices Shipped and Arriving to Pre-Order Customers Ahead of Schedule Experience NOOKcolor with Demo Units in Most Barnes & Noble Stores Beginning Today NOOKsmart, Book Ready Program In-Stores Offers Free Customized NOOKcolor Set-Up Service [...]
With Wal-Mart offering free shipping through the holidays, it’s clear that retailers are trying to remove potential impediments to online shopping this holiday season. Both Borders and Barnes & Noble will also provide free two-day shipping, but through ShopRunner. The new membership program charges consumers an annual fee of $79, equal to Amazon Prime, and [...]
Approximately one year after introducing its first e-reading device, Barnes & Noble took a major step forward Tuesday with the introduction of the Nookcolor, a $249 tablet with a seven inch VividView Color Touchscreen. The addition of color to the e-reading device allowed B&N to officially announce Nook Kids, which in addition to 12,000 chapter [...]
On Friday, Amazon made two big announcements about the Kindle. The first is the coming availability of Kindle newspapers and magazines on Kindle apps and not just on the Kindle device itself. This is long overdue–many readers no longer use their Kindles much, but still read most of their e-books through Kindle apps on their [...]
Barnes & Noble will sell its Nook e-book reader in 2,500 Walmart stores and at Walmart.com as early as October 24, in advance of the holiday shopping season, B&N said today. Walmart will prominently feature the Nook as a “premier e-book reader” in stores’ consumer electronics areas, and many stores will feature a Nook-branded e-reading [...]
FoxNews.com – Barnes & Noble Set to Unveil New Nook E-Reader.
Barnes & Noble shareholders reelected Barnes & Noble chairman Leonard Riggio and his slate to the board of the directors, rejecting financier Ron Burkle’s efforts to gain seats on the board. Shareholders also rejected a proposal put forth by Burkle’s Yucaipa Company to amend the poison pill “anti-takeover” provisions in the stockholder rights agreement. The [...]
B&N board to vote on Tuesday; sources tell WSJ that a compromise between B&N and Burkle is “highly unlikely”. Tuesday could be the darkest day in Leonard Riggio‘s storied career as a bookseller. The Barnes & Noble Inc. chairman faces a fight for re-election, as activist investor Ronald Burkle makes his own pitch for the board in [...]
Starting this month Barnes & Noble is extending its B&N Recommends program(www.bn.com/recommends), which it launched four years ago for bestselling hardcovers like Mary Ann Shaffer and Annie Barrows’s Guernsey Literary and Potato Peel Pie Society, to include trade paperbacks. “Trade paperbacks are the format of choice for many of our bookstore customers,” said Patricia Bostelman, v-p [...]
It has been a bumpy year for Barnes & Noble, the country’s largest book chain, with 720 stores. Sales and store traffic have suffered as the book business has shifted online; Amazon has held its early lead in the e-reader war; and early this month, Barnes & Noble put itself up for sale and is now [...]