Friday, March 3, 2017

Barnes & Noble fades along with adult coloring book fad

Image result for barnes and nobleBarnes & Noble Inc. said there are quite a few reasons why the company’s sales slipped, the fading adult coloring books trend, the election and the release of Adele’s Grammy-winning album “25” among them.

The bookseller reported Thursday fiscal third-quarter sales of $1.30 billion, down from $1.41 billion last year. Barnes & Noble issued a profit warning on Jan. 5, saying same-store sales for the nine-week holiday period fell 9.1%.. . . more

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