Barnes & Noble also reported on holiday sales on Thursday, and there the news is at least somewhat better. Over the nine-week holiday period, superstore sales rose 2.5 percent, at $1.2 billion. Same-store sales rose 3.4 percent, which is a positive, though not as strong as last year’s comp gain of 9.7 percent. In good news for publishers, “book sales were strong overall, fueled by strength across multiple categories,” and “physical book sales on a comparable basis increased by 4 percent, exhibiting growth for the first time in five years. More broadly, “retail core” comparable sales, leaving out digital merchandise, […]
