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The beginning of the end for Barnes and Noble?


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Showing 1-25 of 72 posts in this discussion
Initial post: Jan 28, 2013 8:41:35 AM PST
According to this article, they plan to close 20 stores a year:

http://www.the-digital-reader.com/2013/01/28/bn-announces-plans-to-close-20-stores-a-year/#more-46205

In reply to an earlier post on Jan 28, 2013 8:48:04 AM PST
MommaCat says:
No surprise there. All those lucky Nook owners will be screaming here about it too. Oh goody!

In reply to an earlier post on Jan 28, 2013 8:48:51 AM PST
This paragraph stood out to me:

"2009 was the year everything changed for B&N. That was the year they bet the future of the company on digital. They bought Fictionwise, reacquired B&N College, and launched the Nook. Given that 3 and a half years later Nook revenues still account for less than 10% of overall revenue I would say that this was a bust."

In reply to an earlier post on Jan 28, 2013 8:51:58 AM PST
It's a shame, too. I like the fact that the Nook pushes Amazon to keep developing new and better features for the Kindle. I like having the stores around, even though I hardly ever go there now. I guess that's probably why they're in trouble, huh?

Hopefully the Nook will spin off into it's own company and remain viable.

Posted on Jan 28, 2013 8:54:09 AM PST
First Border's, now B&N. I never thought I'd see the day that I was sad that big box chain book stores were closing, but my local B&N is a beautiful store and I will miss it if it is closed. We homeschool our son, and B&N has been invaluable for finding good teaching resources - it is way too hit & miss to buy stuff like that sight unseen. I am also a fan of their very reasonably priced line of classics - nice covers, solid scholarly introductions & about 25% cheaper than Penguin. Hopefully those will still be available on line.

Sigh.

In reply to an earlier post on Jan 28, 2013 8:54:24 AM PST
Dragi Raos says:
And Fictionwise is closing down... :o(

In reply to an earlier post on Jan 28, 2013 8:55:24 AM PST
We've never had a B&N store near us. We had Walden Books at the mall, years ago, and a large Borders that closed a couple of years ago. I've only been in a B&N one time that I can remember, in Louisville KY I think.

In reply to an earlier post on Jan 28, 2013 8:57:00 AM PST
Dragi Raos says:
"Hopefully the Nook will spin off into it's own company and remain viable."

Given the amounts invested by Microsoft and Pearson, that is quite likely.

In reply to an earlier post on Jan 28, 2013 10:09:37 AM PST
S. Dunham says:
If I remember correctly, moving the Nook into its own was the plan. The only problem is content. Unless they move in the direction of making the Nook a regular Android tablet, they need B&N for the content. That's where the money is made.

And the article was incorrect when it mentioned that Amazon responded to B&N's nook by taking the Kindle international. That was Amazon's plan all along. It just happened officially the month before the nook was available.

In reply to an earlier post on Jan 28, 2013 10:11:09 AM PST
I would imagine that any deal to spin off the Nook as its own company would include the rights to the Nook ebooks, as well as the online website and delivery system.

Posted on Jan 28, 2013 10:15:16 AM PST
I have to admit I use B&N to go look at the books, gasp at the full prices, and then come order on Amazon.

In reply to an earlier post on Jan 28, 2013 10:15:44 AM PST
Just Peachy says:
I like to go there to look for magazines.

Posted on Jan 28, 2013 10:17:52 AM PST
Artist says:
It's the middle of the end, since B&N has been going down for a long time.

I don't feel too bad about the big box chain stores closing, because I remember when they put all the local booksellers out of business. There was this lovely smaller book store nearby, where the owners and the employees knew almost everyone who came in, and they had to close because of Walden Books and B&N taking over the area.

In reply to an earlier post on Jan 28, 2013 10:32:35 AM PST
Dutton's, per chance?

In reply to an earlier post on Jan 28, 2013 10:33:56 AM PST
The B&N college purchase was an insider deal. The B&N CEO and cronies had bought up the majority of the company then had B&N buy it so they made a nice profit off of the deal. It's still being investigated by the FTC, I believe.

In reply to an earlier post on Jan 28, 2013 10:43:02 AM PST
Why am I not surprised?

Posted on Jan 28, 2013 10:47:12 AM PST
R. D. Clark says:
I have very mixed feelings because I've always loved browsing in bookstores. It's an analog/visual/tactile process of inputting and sorting information that, after a lifetime of use, is hard to discard.

Yet I very rarely buy paper books or magazines any more, and everything else B&N sells is grossly overpriced.

I think I would respond positively to a "donation box." I would just give them a couple of bucks every time I go in, just to contribute to their continued existence without feeling obligated to buy something I don't really want or need, the profit from which is probably less than that couple of bucks anyway.

It might not matter to anyone much in another generation, but I would really miss bookstores that aren't full of mildew and cats.

Posted on Jan 28, 2013 10:50:51 AM PST
CBRetriever says:
being that Barnes and Noble, Borders, etc brought about the demise of so many small eclectic bookstores, I find it kinda hard to feel sorry for them

In reply to an earlier post on Jan 28, 2013 10:52:06 AM PST
Last edited by the author on Jan 28, 2013 10:53:51 AM PST
Dog Lover says:
I loved bookstores ... when they were BOOK stores.

Once they started adding in all the merchandise and the snack/coffee bars and (OMG!) the background music, I pretty much started to hate them.

At one time there was a big B&N right next to my workplace. I spent a LOT of money in that store! Spent all my lunch hours there (No - I didn't use the snack bar. I didn't eat lunch.) The people were knowledgeable, helpful, and liked (or seemed to) what they were doing.

Then all the other "stuff" starting fillin' up the place. So glad I retired and started using Amazon exclusively. Tried the B&N online but, for Pete's sake, that was so VERY badly designed that I actually felt tremendous pity for the B&N people who had to help customers maneuver around it. Almost every order I made (all DTB - never took to the Nook) was messed up in some way. Won't go further as I have talked about this abysmal experience many times on this forum.

DL

In reply to an earlier post on Jan 28, 2013 10:56:17 AM PST
The Blade says:
Boy, I agree with that.

I'll also add that the ultimate demise of the larger bookstore *may* bring back the smaller mom n' pop bookstores. I think that there will be a continuing market for specialty books in a community setting. With the larger bookstores removed, a small niche may reopen for those now dead community stores.

Or, at least, I hope so.

In reply to an earlier post on Jan 28, 2013 10:58:33 AM PST
I can see that happening - I would still find ways to support a mystery bookstore, for example.

Posted on Jan 28, 2013 11:02:22 AM PST
CBRetriever says:
France has price controls for books, so the big chains can't undercut significantly the smaller stores - it harkens back to the days when I was at the University and the price printed on books was what you paid and there were no discounts and it's also why ebooks are such a deal to me (9.99 euros or $12.99 for a paperback book is the norm)

In reply to an earlier post on Jan 28, 2013 11:03:26 AM PST
Artist says:
I don't think it was Duttons, but I can't remember the name.

Posted on Jan 28, 2013 11:05:06 AM PST
PJ says:
We might see a rise in the amount of UBS perhaps. I have one near my home that probably has over 100,000 books the place is so large. Always a bargin to be found and I love going in there. Id take that over a chain any day.

In reply to an earlier post on Jan 28, 2013 11:08:38 AM PST
Dutton's was the one above Wilshire on San Vicente in Brentwood. I miss that place.
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Discussion in:  Kindle forum
Participants:  30
Total posts:  72
Initial post:  Jan 28, 2013
Latest post:  Dec 31, 2013

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