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Barnes & Noble Is Struggling

By On · Leave a Comment · In Publishing News · Tagged With: ,

Barnes and Noble reported a loss for the first quarter of $2.2 million which is a greater loss than last year’s first quarter returns which were down $1.67 million. Interestingly, part of the loss was from settlement monies paid as a result of a dispute regarding collection of taxes on online sales. Same store sales were down 1.5 percent. The article stated that BN was still thinking of purchasing Borders.

Report on Business via Ann B.

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Jane

Jane is a long time romance reader whose passion is, you guessed it, reading. She's currently loving contemporary authors like Sarah Mayberry and Karina Bliss but her first love will always be the historical. Some of her old time favorites are Amanda Quick and Johanna Lindsey and some of the new favorites are Sherry Thomas, Joanna Bourne and Claudia Dain. You can reach Jane by email at jane @ dearauthor dot com

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