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View Poll Results: Wnen will Barnes and Nobles go out of business? | |||
Within 1 year | 6 | 5.08% | |
1 to 5 years | 18 | 15.25% | |
5 to 10 years | 13 | 11.02% | |
10 to 20 years | 11 | 9.32% | |
Never | 70 | 59.32% | |
Voters: 118. You may not vote on this poll |
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12-08-2009, 07:30 PM | #31 |
Banned
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12-08-2009, 11:30 PM | #32 |
Lover of things fuzzeh
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12-09-2009, 07:18 AM | #33 |
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12-09-2009, 01:40 PM | #34 |
Lover of things fuzzeh
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12-11-2009, 07:48 AM | #35 |
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Barnes and Noble would need to expand beyond the United States of America to get my full attention. Until they do, I'm not especially keen on their Nook.
That being said, I have little idea of how long they'll stay in business - but I'd suggest they might last longer if they opened up shop overseas. Their spin-off company, GameStop, did - why can't B&N? Last edited by AprilHare; 12-11-2009 at 07:55 AM. |
12-11-2009, 12:42 PM | #36 |
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wow! haven't heard that name in years! I don't think it exists here anymore
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08-03-2010, 08:29 PM | #37 |
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Looks like it will be sooner than 5 yrs with the news B&N is on the chopping block. I always knew B&N days were numbered...just like Blockbuster and Tower Records et al.
They are an analog in a digital world. The nook will probably be lost in the shuffle or killed by the new owners. |
08-04-2010, 01:05 AM | #38 |
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I don't think going out of business is the same as considering a sale.
B&N are looking for new owners, they're not filing for bankruptcy. (And even that wouldn't necessarily mean going out of business.) |
08-04-2010, 01:23 AM | #39 | |
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Amazon may always be number one, but it will never have me until they move over to e-pub. |
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08-04-2010, 10:51 AM | #40 |
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This is all about maximizing shareholder return, and it will always work out better in the short term to allow someone else to assume the risk (as in, take the company private, and let the new owner shoulder the risk). Would you rather have ten dollars today or a fifty percent chance at thirty dollars in two years? From a finance perspective, the risk-reward ratio comes out in favor of waiting. The problem is quantifying odds and value in the real world, which is why they're conducting the exercise.
As far as killing off the nook, that's the brightest, shiniest star of the company. That's not going anywhere. |
08-04-2010, 11:16 AM | #41 |
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08-04-2010, 01:36 PM | #42 | |
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definition: Board of Directors: That body of idjits who delight in doing everything possible to ruin the company they 'direct'. Derek |
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08-04-2010, 05:51 PM | #43 | |
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I don't see B&N going out of business any time soon. Every time I go to there store(2 different locations) they're always busy. |
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08-05-2010, 04:54 PM | #44 |
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What Barnes and Nobles is facing is common to all the other brick and mortar retail stores. They are being squeezed out by their internet competitors who, without the cost overhead of a real store, can offer the same goods at a much discounted price. Customers flock to whoever that can give them the bang for the buck and retail stores for a lot of them is just a place to try out their internet pre-order.
Foot traffic in Barnes and Nobles as well as Borders is still very good but a lot of people just go there to browse their favorite books, relax and enjoy the library like ambience; however, they order their books somewhere else on the internet, and probably through Amazon. Besides the onslaught of the internet, the emergence of ebooks just adds another dimension to the picture. Amazon’s ambition to change the world of publishing from 100% paper to 99% electronic will soon be a reality and in order to survive, B&N and the like are struggling to adapt to the new operation model. To divert cash to invest in the ebook business, they have to shred more brick and mortar stores. They have a good chance to stay in business; however, what remains of B&N in the future is no more the friendly neighborhood bookstore that we have grown to love so much today. Besides our local bookstores, we are also losing our public libraries too. It is a good thing that the public libraries are stocking up on ebooks but at the same time, they are eliminating branches, cutting staff and reducing office hours. The electronic age has given us independence, convenience and efficiency at our own home but it has somehow stifled some considered to be very special personalized experience. There will be losses and gains in this new era but at the end, we’ll get exactly what we are bargaining for. |
08-06-2010, 01:51 AM | #45 |
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To the guy who opened this thread -
This is all total bullshit, sorry, but I must say - if you state something, you NEED to apply a valid argument, otherwise your words mean absolutely nothing. If you say something, you must always tell why you think so. You can't go around just saying: ''there's gonna be the end of the world in five days'' or ''the white house is going to be bombarded tomorrow'' or what ever, if you say something, always give a reason. I suggest to close this thread, because the person who opened it, clearly just hates B&N and can't think of a proper way to asperse them. |
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