klipper

klipper

B&N CEO Lynch: "We're not going to continue doing what we're doing"

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In a contentious investor call Thursday morning, analysts questioned Barnes & Noble’s entire strategy following its poor third-quarter earnings report. With Nook revenues down, Barnes & Noble CEO William Lynch sought to assure investors that both Nook and physical B&N bookstores will survive — even as a committee evaluates B&N...
B&N CEO Lynch: "We're not going to continue doing what we're doing"

Barnes & Noble will close up to a third of its stores over the next decade

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Barnes & Noble plans to close about twenty retail stores a year over the next ten years, the company’s retail CEO Marshall Klipper told the Wall Street Journal . Today, there are 689 Barnes & Noble stores nationwide, plus 674 college stores. The WSJ notes that “the chain shut an average of...
Barnes & Noble will close up to a third of its stores over the next decade
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