Barnes & Noble reported sales for holidays, with same-store sales gaining a little bit over the nine weeks ending December 29, up 1.3 percent. “Although we got off to a slow start, sales picked up momentum as we moved deeper into the season,” chairman Len Riggio says in the announcement, with same-store sales in the smaller window between Black Friday and New Year’s Day rising 4 percent. (The latter is not the traditional measure and does not deserve to feature in anyone’s headline; historically the chain has always reported the full nine-week holiday sales period.) The small improvement still marks […]
