Romance, Historical, Contemporary, Paranormal, Young Adult, Book reviews, industry news, and commentary from a reader's point of view

Barnes & Noble Is Struggling

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.

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

Leave a Reply

Notify me of followup comments via e-mail. You can also subscribe without commenting.

%d bloggers like this: