Amazon’s third-quarter profits rose 16% thanks to surge in sales of electronic products such as its Kindle e-reader, the world’s largest online retailer reported after the bell Thursday.
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Online sales during the holiday season are likely to exceed their 2009 levels as shoppers shift away from shopping at some brick-and-mortar operations such as electronics and warehouse stores, said market research firm The NPD …
Barnes & Noble successfully defended itself in a proxy fight with billionaire Ron Burkle, who wants to gain control over the troubled bookseller. But Burkle hasn’t given up, and a new SEC “shareholder access” rule could help in…
The sale of Borders’ Ann Arbor, Mich., headquarters for almost $18.4 million adds to persistent rumors of the company’s imminent demise. But the truth has more to do with the real estate market than books sales.
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As e-reading continues to gain ground and market share, several new studies shed light on the demographics of those who choose digital: kids love e-readers, men with money buy them, and iPad and Kindle are king.
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