May 30th, 2018
Only a wealthy man could lament, as Len Riggio did yesterday that “the average paperback costs two and a half times the minimum wage. When I started,” he said “it was one half the minimum wage.” Speaking at the opening of Book Expo in New York Riggio said that the high prices of books is impeding a new…
July 6th, 2016
Stop all the clocks, cut off the telephone, Prevent the dog from barking with a juicy bone — W. H. Auden, Funeral Blues, 1936 The big news about Barnes & Noble is that after twenty years of battling with Amazon they have finally made a competitive move that Amazon cannot match. Barnes & Noble, with 640 bookstores in 50 states, is giving self-published…
April 27th, 2016
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.
June 29th, 2015
Barnes & Noble released its fiscal year 2015 earnings report last Thursday.
December 8th, 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.