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…
The bookseller had a “disappointing” quarter with comparable store sales down nearly 6%, but a deal with competitor Barnes & Noble to sell the Nook e-reader could help end the year on a more positive note.
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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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