The BBC has a report on the obvious followup:
http://www.bbc.com/news/business-37111392
Quote:
US bookstore chain Barnes & Noble has sacked its chief executive Ronald Boire after less than one year on the job, sending its share price falling.
The company's share price fell more than 13% to an eight-month low.
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Quote:
The departure of Mr Boire has raised questions about the company's ability to manage the challenges facing the business.
Over the last two years, Barnes & Noble's sales have fallen as it loses out to lower prices from rivals such as Amazon.
Amazon's Kindle e-reader has also outperformed Barnes & Noble's Nook, which the company is phasing out due to its poor performance.
Sales for the Nook, both the content and device itself, dropped 27.4% in the 2016 fiscal year, which ended in April.
Barnes & Noble operates 640 stores in the US. At its peak in the early 2000s there were around 800.
Once a new boss is found, Barnes & Noble will have had five chief executives in just four years.
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