je.st

Home › barnes

Tag: barnes

Will Barnes & Noble Soon Follow in Borders' Footsteps?

2013-06-28 17:03:52| IT Services - Topix.net

Barnes & Noble has lately been suffering in various areas of its business , leading some to question if the nation's largest book retailer will soon follow in the defunct Borders Group's footsteps.

Tags: follow noble borders barnes

Barnes and Noble leaves the tablet biz

2013-06-26 00:16:52| CNET News.com

Barnes and Noble gets out of the tablet business, Ouya sold out online, Sony ups its music service, and Windows 8.1 gets its start button back. [Read more]

Tags: biz leaves noble barnes

Barnes & Noble Nook sales plunge

2013-06-25 18:00:30| BBC News | Business | UK Edition

US bookstore chain Barnes & Noble sees its fourth-quarter net loss more than double to $118.6m (77m) as sales of its Nook e-books and devices drop.

Tags: sales noble barnes nook

Barnes & Noble pulls back from Nook business as sales fall

2013-06-25 16:05:00| Telecompaper Headlines

(Telecompaper) US retailer Barnes & Noble has announced plans to scale back its Nook e-reader and tablets business after growing losses in its latest quarterly report. The company took a USD 18.3 million impairment charge on the activities in the fiscal fourth quarter to April, after Nook sales fell 34 percent year-on-year to USD 108 million. EBITDA losses from the activities swelled to USD 177 million from USD 77 million a year ago, including USD 133 million in inventory write-downs. The company said it will continue to design e-reader products based on its Simple Touch and Glowlight platforms, but pursue a partnership with a consumer electronics company for the manufacturing of tablets. It will sell off its remaining inventory of Nook devices before launching a new range of co-branded products. It will also continue to grow its offering of e-books and Nook apps.

Tags: back business sales fall