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January 7, 2016By Michael Cader

Barnes & Noble “Pleased” with Flattish Holiday Sales

January 7, 2016By Michael Cader

Barnes & Noble celebrated a happily mediocre holiday sales season, in a press release reporting on the nine weeks sales of through January 2. Total sales of $1.1 billion were slightly lower, down 0.8 percent, “due to lower online sales and store closures.” Same-store sales inched up, rising 0.6% over the holidays. Nook sales continue their fade, per the year’s pattern, down 25.8 percent to $41.2 million. Though the bungled summer relaunch of their web site clearly continued to cause problems, new ceo Ronald Boire says in the release, “We were also encouraged by the improved performance of BN.com during December, as the […]

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Filed Under: Bookstores, Finance

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