Barnes & Noble’s Christmas was far from merry
January 6, 2017
Barnes & Noble saw same-store sales fall 9.1 percent for the holiday selling season. It was the first decline for the bookseller in three years and the company blamed much of its problems on slower sales of adult coloring books and art supplies, which had boosted its numbers for Christmas 2015.
Recent News
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.