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Old 01-03-2013, 09:52 AM   #1
John F
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Barnes & Noble revenue falls sharply...

Barnes & Noble revenue falls sharply, sells fewer Nook devices
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Old 01-03-2013, 09:57 AM   #2
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Ouch. Not good for BN.
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Old 01-03-2013, 10:27 AM   #3
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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).
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Old 01-03-2013, 10:29 AM   #4
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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.
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Old 01-03-2013, 10:41 AM   #5
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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.
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Old 01-03-2013, 11:07 AM   #6
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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
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Old 01-03-2013, 11:21 AM   #7
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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.
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Old 01-03-2013, 11:38 AM   #8
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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.
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Old 01-03-2013, 12:05 PM   #9
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Quote:
Originally Posted by Pomtroll View Post
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.
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Old 01-03-2013, 12:24 PM   #10
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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.
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Old 01-03-2013, 12:31 PM   #11
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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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Old 01-03-2013, 12:37 PM   #12
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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).
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Old 01-03-2013, 01:07 PM   #13
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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.
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Old 01-03-2013, 01:17 PM   #14
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Originally Posted by slex View Post
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.
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Old 01-03-2013, 01:30 PM   #15
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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.
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