Posts tagged Barnes & Noble press release
TeleRead Asks: Why is Barnes & Noble Losing?
January 4, 2013 | 3:18 pm
To most readers, it probably seems unthinkable that Barnes & Noble and its Nook Media division might not be around at this time next year. But after B&N announced its embarrassingly low holiday season sales figures yesterday (scroll down to read the press release), that's essentially what every media outlet covering the news seemed to be suggesting. After thumbing through a few of the stories and considering the facts myself, I've got to say that my own personal faith in the company's future isn't exactly booming—quite the opposite, in fact. If you're not current on the story yourself, here's the nut graf...