...the college bookstores *alone*...
Via:
http://the-digital-reader.com/2015/0...comment-801403
Quote:
Barnes & Noble announced today that they were splitting the 700 plus college stores operated by B&N into its own wholly owned company called B&N Education.
For the past 3 years Barnes & Noble's college store division has been bundled into its digital division, Nook Media. As Nook Media's fortunes waned, its been clear that B&N was going to have to split off the still financially healthy college stores from the toxic digital unit.
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Quote:
The retailer had previous announced plans to split Nook Media off into a wholly owned company, but now the digital unit is going to remain part of B&N.
Clearly that plan was derailed by the quarter after quarter of declining digital revenues, resulting in a company which no one would want to invest in, so B&N is instead going to split off the relatively healthy college stores.
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More at the source.
For the actual PR release:
http://www.businesswire.com/news/hom...E#.VO9p7mrD_MK
August is still a ways off so they might still flip flop a couple more times by then.
