Friday, September 7, 2018

Barnes & Noble is overrun with problems

CNN Money
Barnes & Noble, already reeling from the messy departure of its chief executive, said on Thursday that same-store sales fell 6.1% last quarter compared with a year ago.

The company attributed the decline to a drop in store traffic. Online sales also dropped 14.3% because of fewer promotions, including in Barnes & Noble's Nook tablet business. . . . more