Barnes & Noble plans to spin off its beleaguered Nook division as a separate public company by the beginning of 2015, the company said in its earnings Wednesday. Read more »
At Barnes & Noble’s annual shareholder meeting in New York Tuesday, company execs said they’re still open to spinning off the Nook business, but it sounds as if a buyer has… Read more »
Barnes & Noble delivered another bad earnings report on Tuesday. Nook revenues plunged 20.2 percent, and revenue across the business was down 8.5 percent overall. Chairman Leonard Riggio is also abandoning… Read more »
Barnes & Noble CEO William Lynch has resigned. Michael Huseby, who was the company’s CFO, takes over as CEO of Nook Media, while Mitchell Klipper remains CEO of retail. Read more »
Analysts asked Barnes & Noble some hard questions in an investor call Thursday, following an earnings report that showed Nook revenues down by 26 percent over last year. Read more »
As it had warned, Barnes & Noble released a disappointing earnings report Thursday morning. Nook sales were down 26 percent over the previous year, despite the launch of new tablets. Read more »
Barnes & Noble’s founder and chairman, Leonard Riggio, has offered to buy the bookstore chain’s 689 retail stores and BN.com. Barnes & Noble confirmed Monday that it is considering the offer. Read more »
Barnes & Noble (NYSE: BKS) says the company will start evaluating “strategic alternatives,” including a possible sale of the company, in an… Read more »
Barnes & Noble (NYSE: BKS) is adding another seasoned digital exec to its team, this time to head digital education efforts. Tracey Weber jo… Read more »