The New York Post has a hot “exclusive” business story: It turns out book sales have boomed during the pandemic, and Barnes & Noble is “cashing in.” Of course the story doesn’t really say what it thinks it says. Here’s what we find notable: – Owner Elliott Advisors hopes to unload the chain within another two years. “A source familiar with the matter says Elliott is about halfway through its plan that would eventually spin the bookseller back onto the public markets — or sell it to another private buyer.” – Barnes & Noble’s store count has declined, from 627 […]
