Should the deeply troubled Borders chain close, publishers will survive just fine. But for authors who don’t have instant name recognition with book buyers, the loss of an outlet with scads of shelf and floor space is a serious…
Barnes & Noble had its best holiday season in over a decade with store sales up 9.7% over last year, and online sales soaring a whopping 67%.
Continue reading As Borders Moves to the Brink, Barnes & Noble H…
The country’s second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the co…
Just as rumors of a merger with Borders Books began to fade, the bookseller is once again in the spotlight as a major stakeholder, Aletheia Research and Management, is embroiled in legal troubles and an SEC investigation.
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When Barnes & Noble announced it was looking for a buyer, we entertained the fanciful notion that struggling rival Borders might put in a bid. As absurd as the idea was, that buyout offer has been made. Here’s why it has virtua…