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Barnes & Noble CEO Resigns
Business Insider ^ | 07/08/2013 | Steve Kovach

Posted on 07/08/2013 7:44:05 PM PDT by SeekAndFind

Barnes & Noble CEO William Lynch has resigned. His resignation is effective immediately. Michael Huseby will now be the CEO of NOOK Media and president of Barnes & Noble. Allen Lindstrom has been promoted and will serve as the company's new CFO.

The news isn't a huge surprise.

Barnes & Noble has largely failed to adapt to the growing tablet and e-reader market. And although its Android-based Nook tablets have received decent reviews, they haven't been selling very well.

In May, Barnes & Noble made a quiet admission that its Nook tablets weren't selling as well as it had hoped when it added Google's Play store for apps and other content. That means users are no longer incetivized to purchase digital content like books and movies from Barnes & Noble. It also means Nook owners were likely frustrated by Barnes & Noble's dim app selection for the tablet.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: barnesnoble; ceo; resignation
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To: Perdogg

It’s much easier to get about any ebook through B&N than print books.


41 posted on 07/08/2013 10:12:16 PM PDT by bannie
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To: stanne

Well, there are a couple of stores in (more prosperous) neighboring cities which are still open — and as long as it is within my power, I will patronize them (that is, buy something) to help them remain open. The two stores that closed were too close to a nearby university town and so attracted the wrong crowd.


42 posted on 07/08/2013 10:13:15 PM PDT by thecodont
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To: bannie

I love used books, with the dust wrapper and the original price. There is something about an actual book.


43 posted on 07/08/2013 10:13:57 PM PDT by Perdogg (Cruz-Paul 2016)
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To: Perdogg

Me, too! I have some very old books. My dad gave me a bunch that were his great aunt’s. From there, I scoured old book stores—before eBay. I found some treasures. Now, it’s rare to find a rare book that I can afford, but history books are still available. In CA, schools dumped so many about 10 years ago.


44 posted on 07/08/2013 10:17:12 PM PDT by bannie
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To: bannie

I buy my used books on abebooks.


45 posted on 07/08/2013 10:18:04 PM PDT by Perdogg (Cruz-Paul 2016)
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To: Perdogg

I get some from there, too. They’re linked through bookfinders.com.


46 posted on 07/08/2013 10:19:50 PM PDT by bannie
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To: bannie

It’s also the best place I know of to find out what a book’s currently worth. It’s fun to check out “the going rate” or “rarity” of something I have.

If anyone knows of a better place, I’d love to know about it. Books are dear to my heart...and my nose! ;)


47 posted on 07/08/2013 10:22:19 PM PDT by bannie
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To: SeekAndFind; Revolting cat!

I thought this was about bookstores but this is about digital media downloads and a big box store that sells overpriced coffee and fluffy toys.


48 posted on 07/09/2013 8:20:36 AM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: bannie
...history books are still available. In CA, schools dumped so many about 10 years ago.

The old history has been changed to reflect political correctness and Socialist revisionist history.

Who needs to ban books when you can just expunge them from the taxpayer funded libraries?

49 posted on 07/09/2013 8:22:11 AM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: bannie
...history books are still available. In CA, schools dumped so many about 10 years ago.

The old history has been changed to reflect political correctness and Socialist revisionist history.

Who needs to ban books when you can just expunge them from the taxpayer funded libraries?

50 posted on 07/09/2013 8:22:11 AM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: Billthedrill

Additionally, people are coming to realize that their “library” of digital books, albums, and movies cannot be given to anyone else when you die.


51 posted on 07/09/2013 8:24:37 AM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: stanne

B&N, along with the now departed Borders, had a business model that deliberately targeted small mom and pop bookstores and magazine shops for destruction.

Market economy at work, right? Fair enough; while I’ll lament the loss of any bricks and mortar bookstore, with B&N it comes with a generous share of snarkiness involving thoughts of poetic justice.


52 posted on 07/09/2013 8:32:08 AM PDT by tanknetter
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To: tanknetter

Oh i know

Hardware stores are the same. I have anxiety in lowes and get treated badly at HD. Widows are dirt thee

Give me back malesewski’s hardware, ‘yes mrs D’


53 posted on 07/09/2013 8:40:15 AM PDT by stanne
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To: stanne

My parents live up in New England that has a hardware store that’s been around for at least 70 years. While they constantly bring in new inventory, they never throw any unsold inventory away (or deeply discount to get it out the door)

Their basement is a treasure trove/candy store of “obsolete” hardware. My parents needed something old fixed in their house that required a really obscure part. Dad went up and they had a box of just the right part sitting in a box covered by a couple decades worth of dust.

Increasingly I’m liking Half Price Books. Ok, it’s a big chain, and I always check the local/independent used bookstores first, but I’ve found some really neat stuff that a B&N would never carry.


54 posted on 07/09/2013 8:49:19 AM PDT by tanknetter
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To: tanknetter

Thats what im talking about. Widows need the assistance where HD falls short after crowding them out. Blechh

Half priced is good. Just like to be able to buy a book without everyone being able to know what im reading. Ok so its eudora welty short stories but i just like to know i can browse and purchase with cash


55 posted on 07/09/2013 12:20:41 PM PDT by stanne
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To: SeekAndFind
In May, Barnes & Noble made a quiet admission that its Nook tablets weren't selling as well as it had hoped when it added Google's Play store for apps and other content. That means users are no longer incetivized to purchase digital content like books and movies from Barnes & Noble. It also means Nook owners were likely frustrated by Barnes & Noble's dim app selection for the tablet.

Ping for later

56 posted on 07/11/2013 7:30:55 AM PDT by Alex Murphy ("...Someone handed the keys to the Forum to the OPC and its sympathizers...")
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