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  Topic: Barnes & Noble plans to cut
stores by about 30% in decade
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Barnes & Noble plans to cut
stores by about 30% in decade

Reuters, by Staff

Original Article

Posted By:JoniTx, 1/28/2013 10:21:48 AM

Barnes & Noble Inc. expects to shut down as many as a third of its retail stores over the next decade, Mitchell Klipper, chief executive of the company´s retail group, told the Wall Street Journal in an interview. "In 10 years we´ll have 450 to 500 stores," Klipper told the Journal. The company had 689 retail stores as of Jan. 23, along with a separate chain of 674 college stores. Even with 450 to 500 stores, "it´s a good business model," Klipper told the WSJ. "You have to adjust your overhead, and get smart with smart systems.

      


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Reply 1 - Posted by: NorthernDog, 1/28/2013 10:33:25 AM     (No. 9143953)

Bookstores are going the way of the haberdasher. Soon to be a romanticized memory.

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Reply 2 - Posted by: mitzi, 1/28/2013 10:51:53 AM     (No. 9144018)

I can´t recall the last time I bought a book in a bookstore. The only thing Barnes and Nobel is good for (for me) is stopping in for coffee and browsing/buying their craft and puzzle magazines.

I used to go to book signings, but they are just too much if a mob scene for me now.

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Reply 3 - Posted by: broken01, 1/28/2013 11:25:25 AM     (No. 9144107)

As a kid growing up in WVA going to the local mall was a treat. I loved to read(still do) and our mall had Waldenbooks on on side and B Daltons on the other. Sadly both of those went the way of the dodo a few years ago. It´s not surprising that B & N is plainning to scale back. With the invention of E-Books and E-mags who needs hardcovers and paperbacks. Don´t get me wrong I love my tablet but I will forever be old school as far as reading is concerned.

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Reply 4 - Posted by: TrueBlueWfan, 1/28/2013 11:33:48 AM     (No. 9144130)

I love a good book store. Barnes & Noble´s books are good, but the DVDs are very expensive. I don´t know how they sell any DVDs.

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Reply 5 - Posted by: Kristen, 1/28/2013 12:04:03 PM     (No. 9144218)

I still miss my corner book store that went out of business many years ago. I have been dissatisfied with the books I have ordered through the Internet. I like to leaf through the book, see how the style fits my preferences.

Also, children´s books need to be viewed before buying and not just for content. A couple of years back, I ordered a Jill Barklem book, and the colors of the illustrations was horribly mangled, making them brownish. Seems this kind of distortion would be illegal.

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