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Lunch for Friday, January 5

January 5, 2007
By Michael Cader

More Bad Holiday News Two of the three big chains reported bad sales for the nine-week stretch through December 30: Barnes & Noble termed it “somewhat disappointing sales for the season in a highly promotional and competitive environment,” with comparable store sales slipping 0.1 percent at the superstores at $1.1 billion overall (putting them down 0.3 percent on a comp basis for the 48-week period, at $4.1 billion). BN.com sales rose 2.7 percent to $108.5 million for the holidays, but are still down 2.4 percent from a year ago for 48 weeks, at $376 million. B. Dalton, an increasingly small […]

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