Quote:
Originally Posted by Pizza_Cant_Read
I don't feel sorry for B&N anymore. Only for the consumers left with fewer options every day. If someone wins a billion dollars in the lottery, you should hook up with Kovid to make an ereader designed with calibre in mind.
Like someone else said, they aren't even trying. Saving money is supposed to be a path towards having more money in the future. Spending money on inventory and staff is an *investment*.
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They would rather keep on paying dividends to the stockholders until they drain all value from the company. I'm guessing the end game is for Ingram to buy their backend facilities since it is the only thing of value B&N actually owns. They have no IP, the stores are leased, and the stock is all consignment.
And their name is quickly becoming Mudd.