Barnes & Noble’s Len Riggio Announces His Retirement

April 27, 2016

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© Barnes & Noble

Leonard Riggio, chairman of Barnes & Noble, is 75-years-old: no one can accuse him of leaving his job early. Barnes & Noble is today at a crossroads, its digital business a shambles. But no one can accuse him of giving it less than 100%, and not just once. (more…)

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Barnes & Noble Divides $300 Million in Half

December 8, 2014

The December 4th announcement of Microsoft’s retreat from Barnes & Noble is well documented. Barnes & Noble demonstrated how to turn $300 million into $125 million (OK, less than half). The company’s shares had a brief dip but then recovered.

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Stripping Covers off The Hunger Games

March 25, 2012

Destroying paperbacks instead of recirculating them is a curious and wasteful vestige of the days when most pocket books were sold on newsstands alongside magazines. Magazines are topical – they have little resale value. Books do. But freight and logistics costs mean that pulping paperbacks is not necessarily as wasteful as it first appears. (more…)

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How Billionaires Help Connect the Dots

I assume that on October 2, 2005 Anthony Federico really did die “peacefully at home” of a heart attack before the Securities and Exchange Commission (SEC) could lay charges against him. He was only 46 years old. (more…)

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