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Bookselling: Borderlands Sustained By Members; Positive Outlook Post-Winter Institute

Borderlands Books in San Francisco, which announced last month it was set to close as a result of the city's new law mandating minimum wage increases, will stay open thanks to a membership drive. Not only did the store reach its goal of 300 subscribers contributing at least $100 to…

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Barnes & Noble to Spin Off College Business As Separate, Public Company

Barnes & Noble filed a registration statement with the SEC to separate BN College into a separate, publicly-traded company, which will operate as Barnes & Noble Education Inc. They say "the separation is intended to be a tax-free distribution to Barnes & Noble shareholders and is anticipated to be completed by…

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People, Etc.

In the Riverhead publicity department, Claire McGinnis has been promoted to senior publicity manager; Liz Hohenadel moves up to publicity manager; and Margaret Delaney is now associate publicist. The ABA nominated Pete Mulvihill at Green Apple Books in San Francisco to join the board, with Valerie Koehler (Blue Willow Bookshop, Houston) and Jonathon Welch (Talking…

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In Bankruptcy Court, Questions About Plan to Sell Family Christian Stores Back to Itself

There was no hiding the suspicious reorganization strategy being pursued by Family Christian Stores in a bankruptcy court hearing earlier this week. Family Christian Ministries has proposed selling the stores from one FCM subsidiary to another, new subsidiary. No other changes are proposed across the 266 stores and roughly 4,000 employees;…

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ABA News: 54 New Stores In 2014, and Winter Institute Buzz Authors

In the lead up to next week's tenth annual Winter Institute, the ABA noted that they tabulated 54 new member stores selling new books in 2014: 45 new bookstores, and 9 new branches or satellites of existing members (plus another 5 stores primarily selling used books). Perhaps more significantly, they…

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Daily Amazon: Flame Out On Tablet Sales, Interest In Radio Shack, and More

Suspicions about broad weakness in the market for new tablets were confirmed by the latest fourth quarter Tablet Tracker report from International Data Corporation. Apple already reported that iPad sales declined to 21.4 million units in the holiday quarter, still the dominant player in the market. More surprisingly, IDC says…

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Briefs: R&L Acquires Distributed Line; Borderlands to Close, Blaming Minimum Wage Law

Rowman & Littlefield announced it has acquired the assets of cookbook publisher Gooseberry Patch, which has been a longtime distribution of R&L's National Book Network (NBN). Gooseberry Patch will operate as part of Globe Pequot, which R&L acquired in 2014, and Gooseberry coo Liz Plotnick-Snay will continue to oversee the line…

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Barnes & Noble Retail CEO Mitch Klipper To Retire (But Stay On As Real Estate Advisor)

Barnes & Noble's chief executive for the retail group, Mitchell Klipper, will retire from his role on May 2 (the end of BN's 2015 fiscal year) after more than 28 years with the company, though he will stay on with the company as special advisor on real estate and other…

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BN Buys Back Pearson Shares in Nook, Too

When Barnes & Noble bought back Microsoft's 16.8 percent stake in Nook Media earlier this month for $125 million in cash and stock, they gave Pearson an option to sell back their Nook shares as well. In a filing with the SEC Tuesday morning, BN announced they purchased Pearson's stake on December 22 for…

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People: Peter Wiley to Retire from Board Chair

John Wiley chairman Peter Booth Wiley announced that he intends to retire from that position as of September 2015, when his term expires, though he will maintain his board seat. Current director and former group president at Pitney Bowes Matthew Kissner has been nominated to take over as chair. Peter…

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