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Barnes & Noble to Split Retail Stores, Nook Digital Business
wsj ^

Posted on 06/29/2014 8:47:30 AM PDT by Perdogg

Barnes & Noble Inc. BKS +0.60% is to split in two, separating its unprofitable Nook digital business from its consumer bookstores, an acknowledgment of the difficulties the retailer faces in competing with bigger companies like Amazon.com Inc. AMZN -0.34% in the e-book and hardware sector.

The split, expected to occur by March, will make Nook Media a separate public company housing both Barnes & Noble's Nook e-book and e-reader business as well as its college stores. Among Nook Media's big shareholders will be Microsoft Corp. MSFT +1.27% and Pearson PSON.LN 0.00% PLC, both of which have invested in the Nook Media division but don't have a stake in the broader company.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy
KEYWORDS:

1 posted on 06/29/2014 8:47:30 AM PDT by Perdogg
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To: Perdogg

Nothing like Kindles. I love mine.


2 posted on 06/29/2014 8:55:55 AM PDT by Hattie
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To: Hattie

I thought Barnes & Noble had gone out of business. Maybe I was thinking of another bookstore chain.


3 posted on 06/29/2014 8:56:59 AM PDT by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: Hattie
Nothing like Kindles. I love mine.
The beauty of the Kindle is the E-Ink® display which consumes power only when changing. That and being easily readable in full sunlight (try that with a backlit LCD) while holding many hundreds of books makes this a winner.

Gut the Gibesmedat Gang ☭
I, for one, welcome our new Cybernetic Overlords /.
Mash Dobbshead® for HTML, bop Hello_Cthlhu for XAMPP

4 posted on 06/29/2014 9:06:02 AM PDT by Mycroft Holmes (The fool is always greater than the proof.)
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To: Perdogg

Ebooks are SO over priced.


5 posted on 06/29/2014 9:07:45 AM PDT by Hardastarboard (Please excuse the potholes in this tagline. Social programs have to take priority in our funding.)
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To: Perdogg
Good news!

Every time I try to search "books" on B&N, up comes the stupid "nook".

6 posted on 06/29/2014 9:08:19 AM PDT by Churchillspirit (9/11/2001 and 9/11/2012: NEVER FORGET.)
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To: AnAmericanAbroad

Borders


7 posted on 06/29/2014 9:11:16 AM PDT by Perdogg (Ted Cruz-Rand Paul 2016)
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To: Perdogg

I tried electronic readers for about a year and a half, then I went back to books.


8 posted on 06/29/2014 9:23:22 AM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: Perdogg

Barnes & Noble is more of a toy store than anything else these days. Of course, the Union Square store pictured here is OK but those suburban stores! Awful!


9 posted on 06/29/2014 9:25:44 AM PDT by miss marmelstein (Richard Lives Yet!)
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To: Hattie

I love my Kindle too...


10 posted on 06/29/2014 9:30:00 AM PDT by GOPJ (Why no outrage over IRS targeting? Same reason Pravda didn't make a stink about gulags.FREnterprise)
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To: Hardastarboard

Best sellers are and “big” authors, but I have signed up for emails daily for very low cost or free books and have found a lot of very good authors that way.

Some aren’t good, but when they’re free, no big deal, delete them. Others are so good that I will read others by the same author, which is what they want when they put them for free or $0.99.

I used to spend a lot of money on real books, the cost to read has changed drastically since I found the low cost books. I still buy my favorite authors’ works, but it balances out with the cheap ones. Except recently a favorite of mine had a new book come out and the e-book price was $14.44. NO WAY.


11 posted on 06/29/2014 9:39:54 AM PDT by leapfrog0202 ("the American presidency is not supposed to be a journey of personal discovery" Sarah Palin)
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To: Perdogg

Not good news for B&N. My oldest son worked for their college division up until a year ago and told me that their business strategy circa 2010 was re-organizing the company around the Nook.


12 posted on 06/29/2014 9:45:07 AM PDT by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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To: Perdogg

You’re right....that’s what I was thinking of.

Thanks.


13 posted on 06/29/2014 10:00:30 AM PDT by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: Perdogg

I bet Amazon buys them and rolls them into Kindle.


14 posted on 06/29/2014 10:21:00 AM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: AnAmericanAbroad
I thought Barnes & Noble had gone out of business. Maybe I was thinking of another bookstore chain.

Borders Books is gone.
15 posted on 06/29/2014 10:36:17 AM PDT by nhwingut (This tagline is for lease)
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To: Perdogg

Amazing the head starts that BN and Borders had over Amazon. Yet, geniuosly Bezos knew that books were the one product consumers did not need to feel and test out.


16 posted on 06/29/2014 10:38:18 AM PDT by nhwingut (This tagline is for lease)
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To: Hardastarboard
It depends. If you looking to purchase current best sellers, it can be expensive buying in the e-book format. However, there are thousands of older titles that can be picked up for a few dollars. There is also a vast library of "free" books you can download, including a lot of classics that are no longer copyright protected. For example, I just downloaded pretty much the entire works of Jack London for free.

I still use my local library to sample books before buying them online. You can also borrow most of the best sellers at the library and determine for yourself if it is worth buying an e-book version. I don't mind paying full price for an e-book if I know I will like it.

I used to think there would always be a market for hardbound books but the e-book format is so convenient that I can't imagine every buying a traditional book again.

17 posted on 06/29/2014 10:46:03 AM PDT by SamAdams76
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To: grumpygresh
I never left books for electronic readers. Having a book or magazine to read is a whole different experience from technology.

What I miss is book stores. There is not one less than 45 minutes of here. Going through choices online is just not the same as going through a bookstore and finding something unexpected.

Perhaps a B&N devoted to real inventory will begin identifying areas underserved by bookstores...we can only hope.

18 posted on 06/29/2014 10:46:35 AM PDT by grania
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To: Arm_Bears

I have two nook hd+9s and they are great.


19 posted on 06/29/2014 10:51:06 AM PDT by A CA Guy ( God Bless America, God Bless and keep safe our fighting men and women.)
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To: Hardastarboard
Ebooks are SO over priced.

But no monthly fees like my overpriced iphone, landline, cable tv, etc etc

20 posted on 06/29/2014 10:52:30 AM PDT by Hattie
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To: grania

I’m with you, grania! I do have an e-reader, and I do use it, but I MUCH prefer a real book.

The e-readers are good for a quick fix-type purchase, but there’s nothing quite like browsing through a real bookstore and coming across an unexpected treasure.

Thankfully, I still have a B&N nearby where I can indulge in a bit of book browsing.

Regards,


21 posted on 06/29/2014 11:08:23 AM PDT by VermiciousKnid (Sic narro nos totus!)
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To: A CA Guy

Yeah—My son bought a Nook shortly before leaving B&N and he loves it. His concern now is over product support and what will be available in the future.


22 posted on 06/29/2014 11:49:37 AM PDT by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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To: grania

Ditto squared.

I stare at a @*$(&% computer screen too many hours out of the day. When I have time to do something enjoyable, like read, I want the serene comfort of printed words on paper.

And before anybody replies to this - no, I don’t really give a damm how many books are magazines you have on your little electronic doo-dad. You can have your share and mine both!


23 posted on 06/29/2014 12:31:43 PM PDT by I cannot think of a name (\w)
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To: I cannot think of a name

Bookmark


24 posted on 06/29/2014 5:52:01 PM PDT by publius911 ( Politicians come and go... but the (union) bureaucracy lives and grows forever.)
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To: Arm_Bears

I agree, these are disposable at this point.


25 posted on 06/30/2014 12:33:45 AM PDT by A CA Guy ( God Bless America, God Bless and keep safe our fighting men and women.)
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To: Perdogg
Borders

Tango Uniform, September 2011.

26 posted on 06/30/2014 1:07:10 AM PDT by cynwoody
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To: Hardastarboard
Ebooks are SO over priced.

There's so much free content to be consumed on the internet that I must confess I didn't notice.

27 posted on 06/30/2014 1:08:53 AM PDT by cynwoody
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