book2book

  booktrade.info

Search Booktrade.info:  


Thursday 27th November

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

B&N Cut Nook Investment By 74% In Third Quarter

Posted at 7:13AM Tuesday 11 Mar 2014

Barnes & Noble's filing with the SEC for the third quarter of fiscal 2014 shows how dramatically the company is scaling back its Nook operations. During the period ended January 25, 2014, Nook capital expenditures were $7.4 million, a decline of 74% from the money spent on the group in the comparable period in fiscal 2013. For the first nine months of fiscal 2014, Nook capital expenditures were reduced 55%.

PW




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

German Retailer Douglas Mandates Bank To Sell Book Store Chain, Thalia
www.reuters.com

Thalia, with around 300 book stores in Germany, Austria and Switzerland, has struggled to deal with the rise of online retailers

Zoellamania Hits Waterstones
www.independent.co.uk

Online phenomenon Zoe Suggs was a bestseller even before her book was published

Sales Rose 1% At Books-a-Million
www.publishersweekly.com

Books-A-Million posted a solid quarter for the period ended November 1, 2014 with sales up and the net loss even with one year ago

James Patterson Burns Books To Promote Reading
www.theguardian.com

Attempt to persuade Barack Obama of the parlous state of reading in America

Cosby Biographer Sorry For Not Pursuing Rape Claims
www.khou.com

Toxic ripple effect

Account Sign-In

Most Popular Stories

  1. As Amazon's Iron Grip Slips, Best Buy Is Taking Advantage
  2. In Amazon Vs. Alibaba, Bezos Turns His Sellers Into Soldiers
  3. Amazon To Deliver To Customers Via Local Post Offices
  4. Breaking The Cycle Of Poor Literacy Standards - One Step At A Time
  5. Minecraft Youtube Videos Have Been Watched 47bn Times
  6. Exhibitors Find A Buzzing Shanghai Fair And A Booming Children's Market
  7. Writer Sends Lamb Chop Into Space To Promote His Book
  8. Top Four Best Practices For Writing Great Book Blurbs
  9. Hodder Children's Books Welcomes Number One Bestselling Author, Sheila O'Flanagan To Their List
  10. Charlie Higson To Create Jekyll And Hyde For ITV