Barnes & Noble exec plans more store closings
Barnes & Noble plans to continue to shrink its store base.
The head of Barnes & Noble's retail group, Mitchel Klipper, said in The Wall Street Journal that the company will have 450 to 500 stores in a decade. That's down from about 689.
Klipper said the chain plans to close about 20 stores a year over the period.
The largest traditional bookstore has been facing tough competition from online retailers and discounters that sell books and has been focusing on its Nook tablet, e-book reader and e-book business for growth.
Although Barnes & Noble has for the most part stopped opening new stores in the past several years, Keating said New York-based Barnes & Noble opened two new prototype stores in 2012 and plans to test other prototypes in 2013.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Symposiums to spotlight Pittsburgh’s role as an energy powerhouse
- Balancing gas pipeline expansion, environmental unease a problem in Pennsylvania
- More companies embrace exchanges to curb health care costs
- Hospitals turn to technology to tear down language barriers with patients
- Range Resources to pay $4.15M fine, close old gas drilling impoundments
- Chrysler roars back with latest 200
- Investors urged to handle Indian stock fund with care
- Getting into executive pipeline may require schmoozing
- MarksJarvis: Benefits, not just pay, hit the skids
- Retailers begin efforts early to woo holiday shoppers
- Apple reaps some benefit from Microsoft deal with NFL