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Tuesday 9th February

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Barnes & Noble Reports Steep Drop In Holiday Sales

Posted at 5:38PM Thursday 09 Jan 2014

Barnes & Noble, experienced steep sales declines in its digital division during the nine-week holiday period, the company announced on Thursday.

Revenue in the Nook division, which includes digital content and devices, was $125 million, a 60 percent drop compared with the period a year earlier.

Sales in its brick-and-mortar bookstores were less grim, with a 6.6 percent decrease from the previous year, to $1.1 billion.

New York Times

bloomberg.com

PW




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