In an attempt to overcome the recent slump in business, Barnes & Noble Inc. announced Thursday that it is set to unveil four concept stores in the next year that will feature restaurants serving alcohol.
The announcement came during an investor conference after the bookseller reported disappointing fourth-quarter results Wednesday.
For the quarter ended April 30, comparable-store sales were down 0.8%,
while total quarterly retail sales, which include the stores and the
BN.com online business, fell 2.2% to $850 million, reported the Wall
Street Journal.. . . more