{"id":1943,"date":"2013-01-28T09:05:49","date_gmt":"2013-01-28T14:05:49","guid":{"rendered":"http:\/\/gabrielsnyder.com\/notes\/?p=1943"},"modified":"2013-01-28T09:05:49","modified_gmt":"2013-01-28T14:05:49","slug":"barnes-noble-will-close-up-to-a-third-of-its-stores-over-the-next-decade","status":"publish","type":"post","link":"http:\/\/gabrielsnyder.com\/notes\/2013\/01\/28\/barnes-noble-will-close-up-to-a-third-of-its-stores-over-the-next-decade\/","title":{"rendered":"Barnes & Noble will close up to a third of its stores over the next decade"},"content":{"rendered":"

Barnes & Noble plans to close about twenty retail stores a year over the next ten years, the company\u00e2\u20ac\u2122s retail CEO Marshall Klipper told the\u00c2\u00a0Wall Street Journal<\/em>\u00c2\u00a0. Today, there are 689 Barnes & Noble stores nationwide, plus 674 college stores.<\/p>\n

The WSJ notes that \u00e2\u20ac\u0153the chain shut an average of about 15 stores a year in the past decade, but until 2009 it also was opening 30 or more a year,\u00e2\u20ac\u009d with a peak of 726 stores in 2008. Klipper may have chosen to talk to the WSJ to show investors that the company has a plan. He said that fewer than 20 of the chain\u00e2\u20ac\u2122s retail stores are unprofitable.
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Barnes & Noble is threatened by the shift to online book shopping at Amazon. The company has rolled out a host of Nook e-readers and tablets that face stiff competition in a market dominated by Kindle e-readers and saturated with cheap tablets from Amazon, Google, Apple and others. Barnes & Noble just delivered a terrible holiday earnings report<\/a>, showing Nook, BN.com and retail sales all down, with a particularly large decline in Nook device sales. The company plans to spin off the Nook and college stores<\/a> into a separate unit called Nook Media, with Microsoft and Pearson both holding stakes.<\/p>\n

When Borders, then the nation\u00e2\u20ac\u2122s second-largest bookstore chain, went bankrupt and liquidated all its stores in 2011<\/a>, it seemed as if it could be good news for Barnes & Noble, which would have a chance to grab former Borders customers. But it appears that<\/a> former Borders customers largely switched their book buying over to Amazon.<\/p>\n

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via paidContent http:\/\/paidcontent.org\/2013\/01\/28\/barnes-noble-will-close-up-to-a-third-of-its-stores-over-the-next-decade\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Barnes & Noble plans to close about twenty retail stores a year over the next ten years, the company\u00e2\u20ac\u2122s retail CEO Marshall Klipper told the\u00c2\u00a0Wall Street Journal\u00c2\u00a0. Today, there are 689 Barnes & Noble stores nationwide, plus 674 college stores. The WSJ notes that \u00e2\u20ac\u0153the chain shut an average of about 15 stores a year … <\/p>\n

Continue reading “Barnes & Noble will close up to a third of its stores over the next decade”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[6,383,136],"class_list":["post-1943","post","type-post","status-publish","format-standard","hentry","category-google-reader","tag-ifttt","tag-laura-hazard-owen","tag-paidcontent"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2skW4-vl","jetpack_likes_enabled":true,"_links":{"self":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts\/1943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/comments?post=1943"}],"version-history":[{"count":0,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts\/1943\/revisions"}],"wp:attachment":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/media?parent=1943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/categories?post=1943"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/tags?post=1943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}