Barnes & Noble revenue falls sharply...

John F · 01-03-2013, 09:52 AM

Barnes & Noble revenue falls sharply, sells fewer Nook devices

ProfCrash · 01-03-2013, 09:57 AM

Ouch. Not good for BN.

slex · 01-03-2013, 10:27 AM

BN don't sell e-books worldiwide, whereas Amazon, and even smaller players such as Kobo and BooksOnBoard do. This automatically makes BN's market smaller and I have no idea why they don't sort out this issue (if it's possible for others, it should be possible for them, too).

ucfgrad93 · 01-03-2013, 10:29 AM

The couple of times I went to my local B&N during the holiday shopping season, it was packed. Long lines waiting to check out and a bunch of people looking at Nooks.

robertc88 · 01-03-2013, 10:41 AM

Until installing of apps from other sources is opened up and publicized, sayonara nook. That would help some instead of just using their App Store which is meh.

Not sure what android tablet on the planet you cannot do that with. Rant over.

Top100EbooksRank · 01-03-2013, 11:07 AM

Quote:

The bookseller, which also saw fewer shoppers come in to its bookstores, has bet heavily on its Nook business, which includes e-readers and tablets as well as digital books, as a source of growth.
But the Nook segment saw revenue fall 12.6 percent from a year earlier during the nine weeks ended December 29 as it cut prices to compete with Amazon.com Inc's Kindle and Apple Inc's iPad.

not good news for B&N

tablets are replacing ereaders
tablets are having explosive growth year over year

but B&N Nook tablets and ereaders actually are selling less than last year

Penforhire · 01-03-2013, 11:21 AM

Amazon has been VERY aggressive this year with both E-ink and regular tablet models. I think they are eating B&N's lunch right now.

Pomtroll · 01-03-2013, 11:38 AM

You can tell at our B&N. They have been laying people off left & right. I think they are letting go long time workers & hiring new ones at lower wages. I know of 5 long time B&N employees let go in the last 3 months.

AnemicOak · 01-03-2013, 12:05 PM

Quote:

Originally Posted by Pomtroll

You can tell at our B&N. They have been laying people off left & right. I think they are letting go long time workers & hiring new ones at lower wages. I know of 5 long time B&N employees let go in the last 3 months.

I haven't shopped at one enough in the past few years to know if they're doing that at the one near me.

The last time I was in a B&N was to exchange my HD+ which had a screen fault and the entire store (the layout and stock) struck me as a place that didn't know what it wanted to be.

LovesMacs · 01-03-2013, 12:24 PM

Quote:

Originally Posted by AnemicOak

The last time I was in a B&N was to exchange my HD+ which had a screen fault and the entire store (the layout and stock) struck me as a place that didn't know what it wanted to be.

Agreed, the last time I was in a Barnes & Noble was in December, and the general impression was "Games! Toys! Puzzles! Random gifts! Oh yes, and books too."

I don't see how carrying toys makes B&N more competitive, when it makes them compete with Toys R Us, Wal-Mart, Target, etc.

dakini · 01-03-2013, 12:31 PM

I would have assumed B&N would be in a pretty good place ... aren't they the only big box bookstore in the US nowdays? Since Borders closed, is there another brick and mortar bookstore that covers all of the US?

AnemicOak · 01-03-2013, 12:37 PM

Quote:

Originally Posted by dakini

I would have assumed B&N would be in a pretty good place ... aren't they the only big box bookstore in the US nowdays? Since Borders closed, is there another brick and mortar bookstore that covers all of the US?

B&N is basically it (some areas have Books A Million I guess), but B&N seems to be less and less a book store every time I go in (which isn't often).

jgaiser · 01-03-2013, 01:07 PM

I've had a B&N member card for the past 4 years. Usually paid for itself when I was buying a lot of paper books.

Over the past year, my spending on paper has dropped to almost zero and the member card doesn't discount ebooks. So, this will be my last year of membership and probably my last time in my local B&N store.

DreamWriter · 01-03-2013, 01:17 PM

Quote:

Originally Posted by slex

BN don't sell e-books worldiwide, whereas Amazon, and even smaller players such as Kobo and BooksOnBoard do. This automatically makes BN's market smaller and I have no idea why they don't sort out this issue (if it's possible for others, it should be possible for them, too).

Barnes & Noble did recently expand ebook sales to the United Kingdom, but I doubt we'll see much (if any) worldwide expansion beyond that.

LovesMacs · 01-03-2013, 01:30 PM

Quote:

Originally Posted by dakini

I would have assumed B&N would be in a pretty good place ... aren't they the only big box bookstore in the US nowdays? Since Borders closed, is there another brick and mortar bookstore that covers all of the US?

B&N has the broadest distribution across the United States. There is also Books A Million, but their stores are also not just books.

01-03-2013, 09:52 AM	#1
John F Wizard Posts: 1,733 Karma: 5982956 Join Date: Feb 2009 Device: Kobo Glo	Barnes & Noble revenue falls sharply... Barnes & Noble revenue falls sharply, sells fewer Nook devices

01-03-2013, 09:57 AM	#2
ProfCrash Tea Enthusiast Posts: 6,835 Karma: 67675413 Join Date: Jul 2010 Location: Somewhere in the USA Device: Kindle1, Kindle DX Graphite, K3 3G, IPad 3	Ouch. Not good for BN. __________________ Assimilation does not have to be painful. Here, have a cup of tea.

01-03-2013, 10:29 AM	#4
ucfgrad93 Wizard Posts: 1,893 Karma: 6300290 Join Date: Jun 2011 Location: Colorado Device: Kindle 2, Kindle Keyboard 3G	The couple of times I went to my local B&N during the holiday shopping season, it was packed. Long lines waiting to check out and a bunch of people looking at Nooks. __________________

01-03-2013, 10:41 AM	#5
robertc88 Fanatic Posts: 504 Karma: 1579999 Join Date: Jan 2011 Device: none	Until installing of apps from other sources is opened up and publicized, sayonara nook. That would help some instead of just using their App Store which is meh. Not sure what android tablet on the planet you cannot do that with. Rant over. Last edited by robertc88; 01-03-2013 at 10:44 AM.

01-03-2013, 01:07 PM	#13
jgaiser Omnivorous Posts: 2,226 Karma: 13472511 Join Date: Feb 2008 Location: Rural NW Oregon Device: Kindle GDX, Kindle 3, KPW, Nook HD+	I've had a B&N member card for the past 4 years. Usually paid for itself when I was buying a lot of paper books. Over the past year, my spending on paper has dropped to almost zero and the member card doesn't discount ebooks. So, this will be my last year of membership and probably my last time in my local B&N store. __________________ Jerry -- My LibraryThing -- My Goodreads

01-03-2013, 10:27 AM	#3
slex Addict Posts: 212 Karma: 1115552 Join Date: Nov 2008 Location: Bulgaria Device: Kindle 4 NT, Onyx Boox M92	BN don't sell e-books worldiwide, whereas Amazon, and even smaller players such as Kobo and BooksOnBoard do. This automatically makes BN's market smaller and I have no idea why they don't sort out this issue (if it's possible for others, it should be possible for them, too).

01-03-2013, 11:21 AM	#7
Penforhire Wizard Posts: 1,847 Karma: 5514220 Join Date: Nov 2007 Location: Southern California Device: Kindle PW, PRS-650, iPhone 4, iPad 4	Amazon has been VERY aggressive this year with both E-ink and regular tablet models. I think they are eating B&N's lunch right now.

01-03-2013, 11:38 AM	#8
Pomtroll Guru Posts: 798 Karma: 1207775 Join Date: Jun 2010 Location: Minnesota USA Device: Sony 350, Sony T1, Kindle Touch	You can tell at our B&N. They have been laying people off left & right. I think they are letting go long time workers & hiring new ones at lower wages. I know of 5 long time B&N employees let go in the last 3 months.

01-03-2013, 12:31 PM	#11
dakini not "it" Posts: 136 Karma: 1100168 Join Date: Aug 2012 Device: kobo touch	I would have assumed B&N would be in a pretty good place ... aren't they the only big box bookstore in the US nowdays? Since Borders closed, is there another brick and mortar bookstore that covers all of the US?

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