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Old 01-29-2013, 02:23 AM   #16
darryl
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Closing retail stores looks to be a good decision at this point. It's too early to judge yet whether the company is entering its death spiral. This depends not on whether it is closing retail stores but on the viability and implementation of its longer term competitive plans.
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Old 01-29-2013, 02:41 AM   #17
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I used to go into B&N all the time with my Nook 1st Gen to get their awesome cafe deals that came across it. But I don't go in much any more. There are two within about an 8 mile radius of me.

As far as book stores in general go, I've got a half-price books about 5 miles away, and that's about it.

The library is in walking distance (1/4 mile) if I get the inkling to get a real (paper) book to read.
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Old 01-29-2013, 04:33 AM   #18
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The future will look back and wonder why people hung so tenaciously onto paper.
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Old 01-29-2013, 04:39 AM   #19
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The library is in walking distance (1/4 mile) if I get the inkling to get a real (paper) book to read.
My library is just a fingertip away
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Old 01-29-2013, 05:54 AM   #20
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My library is just a fingertip away
As Ma Bell said, " Let your fingers do the walking".
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Old 01-29-2013, 06:45 AM   #21
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The future will look back and wonder why people hung so tenaciously onto paper.
What future?
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Old 01-29-2013, 07:17 AM   #22
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What do you think the likelihood of someone buying the Nook side of the business to run independently of the bricks-and-mortar side of the business?
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Old 01-29-2013, 07:30 AM   #23
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I'd think the nook/ebook future is much more promising than brick and mortar storefronts.
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Old 01-29-2013, 07:39 AM   #24
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What do you think the likelihood of someone buying the Nook side of the business to run independently of the bricks-and-mortar side of the business?
It's a near certainty that Nook Media will be spun off at some point to generate money to keep B&N afloat.

They *might* be smart enough to do so while Nook is still values based on its US market share and not wait until it gets valued on its *global* marketshare.

An IPO today might generate $800 million and they'd still retain control of the independent Nook Media. Wait a year and the entire operation might be worth half that.

(No, I don't think much of Nook's international prospects in 2013.)
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Old 01-29-2013, 08:44 AM   #25
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If you aren't growing you are dying. That's just the way it is. This company is on the way out. It doesn't make much sense to devote so much square footage to paper books....it just doesn't. If digital books takeover, who's buying books at the store? This company still isn't profitable with the Nook at a very significant market share. How much volume do they need to be profitable? Twice the current levels? Sales at Nook collapsed in the Christmas quarter, so I don't think the ship is turning around. They aren't just fighting Amazon and Apple, they are fighting every single other tablet maker...including Samsung.

If the digital strategy succeeds then the physical stores are screwed, dragging down the company. If the digital strategy fails it's not like the stores are going to save them.

They can't win. It's over.
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Old 01-29-2013, 08:47 AM   #26
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Certainly it's over at the current levels. That's why the closing of stores. That doesn't mean that they might not be able to eek out a living in a restricted or specialty market.
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Old 01-29-2013, 11:19 AM   #27
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(giggles) I love that the EPUb vs Mobi debate has led to "the industry standard epub format" It just makes me giggle. Amazon controls a fair amount of the market and they use some variant of Mobi so, no offense, EPub is not the industry standard. And Amazons DRM has been broken, so "easily breakable Adobe-based DRM" is kind of pointless.

What? The thread is yet another on a topic that has been beaten to death, why not giggle at a second beaten to death topic?

Can we start a forum to drop threads on topics that have been beaten to death? The Demise of BN, EPub vs Mobi, Pirating: Good or Bad, Removing DRM: Legal or not, I am sure there are a few more topics that can be sent there.
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Old 01-29-2013, 11:21 AM   #28
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Everything dies.
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Old 01-29-2013, 11:22 AM   #29
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Everything dies.
Or evolves.
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Old 01-29-2013, 11:24 AM   #30
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Evolution is death

without death there is no evolution
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