Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors — and each other.
Continue reading Spring Is in the Air for…
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…
24/7 Wall St. recently looked at a number of large American companies, some of which are owned by foreign companies, to see which will disappear in 2011. It didn’t take long to come up with a list of familiar names such as Sara…
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 book retailer had been counting on a Christmas miracle to rescue it from deep financial doldrums. But the holiday season played Scrooge instead. Now, confronting a liquidity shortfall, a bankruptcy …