Hedge fund manger Bill Ackman says he will finance a takeover bid for rival bookseller Barnes & Noble at $16 a share — a 20.5% premium over Friday’s closing price. Faced with increased competition, B&N has seen sales plunge in…
Borders, the nation’s second-largest bookstore chain, has struggled for years due to competition from both fellow bricks-and-mortar outlets and online booksellers. It’s latest move to combat that is an offer to match the compet…
Borders Group Inc. is offering discounts on electronic readers throught the rest of the month as the retailer battles Amazon.com Inc. and Barnes & Noble Inc. for share of the rapidly growing e-reader market in advance of the ho…
Attention book lovers: The Nook and Kobo electronic readers are finally joining the iPad and Sony e-readers at Walmart. But with so many e-reading devices available or soon to be available at the world’s largest retailer, could…
Walmart Stores (WMT) will start selling the Kobo Inc. digital book reader in U.S. stores next week, as it moves to increase its hand-held electronic product line.
U.S. stores will begin selling the Kobo device as early as Oct. 24, Walmart CEO Michael Serbinis told Bloomberg News.
Kobo is a joint venture between Indigo Books & Music and Borders Group (BGP). The e-readers have…
Continue reading Walmart to Sell Kobo E-Reader Starting Next Week
Walmart to Sell Kobo E-Reader Starting Next Week originally appeared on DailyFinance on Fri, 22 Oct 2010 00:01:00.
Filed Under: Company News, Technology, Media, Apple, Wal-Mart Stores, Retail, Barnes & Noble