Classic When will Barnes and Nobles go out of business? - Page 4

jedifarfy · 08-06-2010, 01:52 AM

When? Never. Why? Look at their financial reports. They make money. The physical stores might not be around forever, but there will be some, and our internet presence will remain strong. Amazon is a profitable company, but honestly, it took them 10 years and a lot of expansion.

We're fine, we just might go private. The Riggios like control. :P

JF

HistoryWes · 08-06-2010, 02:41 AM

Quote:

Originally Posted by Fuzzykinz

There is a vital point all of you seemed to have missed...

As of right now it is VERY hard to walk in to a coffee shop attatched to Amazon and sit down with your Mac, listen to Indie Rock and and sip on a grande-grande-double-shot-caramel-snobby-upper-middle-american-latte all while looking down upon everybody else in the room.

So until Amazon can find a way to attach a horrible coffee shop to themselves somehow... BN has a great advantage.

I don't think B&N will go under any time soon, but toe fair you can go to Starbucks or a similar establishment and sit, drink your latte, listen to whoever, and shop Amazon.

GreenMonkey · 08-06-2010, 06:24 AM

There's barely any bookstores left any more. B&N is literally the only new book store in my city of 40,000 people. Both Waldenbooks stores closed up years ago.

There's also not a Borders in the nearby cities. I think there are maybe 2 independent bookstores in the nearby cities. I'm pretty sure I would have to drive over an hour to find a Borders or the like.

So...I don't think B&N is going anywhere. Unless people stop buying books. And that isn't going to happen any time soon.

WT Sharpe · 08-06-2010, 08:04 AM

I hope B&N is around for a long time to come, as well as the mom & pop bookstores. Barnes and Noble has a great selection, and a wonderful atmosphere.

markbot · 08-07-2010, 08:46 AM

Quote:

Originally Posted by afa

I don't think going out of business is the same as considering a sale.

B&N are looking for new owners, they're not filing for bankruptcy. (And even that wouldn't necessarily mean going out of business.)

This "strategic option" is an indicator of trouble brewing within the company, and with outside shareholders. They will probably have to shrink their foot print and get more disciplined on capital, which means the fledgling ebook business will probably be orphaned. Eventually, they will probably have to shut down entirely within 5 yrs.

If nook is successful it'll take away volume needed to scale the bricks and mortar stores. If the nook isn't successful they are still screwed, but just won't be cannibalizing themselves...someone else will just take ebook their business.

markbot · 08-07-2010, 08:50 AM

Quote:

Originally Posted by jedifarfy

When? Never. Why? Look at their financial reports. They make money. The physical stores might not be around forever, but there will be some, and our internet presence will remain strong. Amazon is a profitable company, but honestly, it took them 10 years and a lot of expansion.

We're fine, we just might go private. The Riggios like control. :P

JF

in one of my older posts i do a financial breakdown of the company and find that although they make accounting profits...they do not make economic profits since they don't cover the cost of capital. this means they r better investing in the S&P 500 then reinvesting in their biz in the long term.

markbot · 03-16-2011, 07:53 PM

Barnes and Noble's stock just hit a new low. It is down 50% in 3 weeks.

http://online.wsj.com/article/SB1000...EYWORDS=barnes

My 5 yr prediction is so far on pace.

varelov · 03-17-2011, 01:22 AM

Wall Street after 2008 reduced itself to a brewery of rumours and speculations. Anything and everything can bring down anybody's stock. Supercomputers that execute hundreds of trades in a fraction of a second are the kings of our stock market today. Hence, I wouldn't rely much on stock pricing as a reflection of the future of the company.
I had both B&N and Borders near where I lived, before Borders closed their store. There's hardly 15 minutes in any hour of any day that that B&N store is opened that doesn't have a line in front of their faux Starbucks counter. A decent line in front of the cashier counter as well. I don't think B&N is going away any time soon. Not all printed content can be digitized, nor can experience with prints be replicated by digital. They also proved to me that they are listening to their customers by lowering price on a title that I consider buying as a nook book that I previously saw cheaper as a kindle book. It wasn't immediate but it was done.

View Poll Results: Wnen will Barnes and Nobles go out of business?
Within 1 year	6	5.08%
1 to 5 years	18	15.25%
5 to 10 years	13	11.02%
10 to 20 years	11	9.32%
Never	70	59.32%
Voters: 118. You may not vote on this poll

03-16-2011, 07:53 PM	#52
markbot Guru Posts: 612 Karma: 7511929 Join Date: Apr 2007 Location: New York, NY Device: Amazon Kindle Paperwhite 2	WSJ: B&N Pines for a Storybook Ending Barnes and Noble's stock just hit a new low. It is down 50% in 3 weeks. http://online.wsj.com/article/SB1000...EYWORDS=barnes My 5 yr prediction is so far on pace.

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08-06-2010, 01:52 AM	#46
jedifarfy Zealot Posts: 135 Karma: 100 Join Date: Jul 2010 Device: rooted nook color, nook wifi 1st edition	When? Never. Why? Look at their financial reports. They make money. The physical stores might not be around forever, but there will be some, and our internet presence will remain strong. Amazon is a profitable company, but honestly, it took them 10 years and a lot of expansion. We're fine, we just might go private. The Riggios like control. :P JF

08-06-2010, 06:24 AM	#48
GreenMonkey DRM hater Posts: 945 Karma: 2066176 Join Date: Jun 2010 Location: Michigan Device: Nook ST glow, Kindle Voyage	There's barely any bookstores left any more. B&N is literally the only new book store in my city of 40,000 people. Both Waldenbooks stores closed up years ago. There's also not a Borders in the nearby cities. I think there are maybe 2 independent bookstores in the nearby cities. I'm pretty sure I would have to drive over an hour to find a Borders or the like. So...I don't think B&N is going anywhere. Unless people stop buying books. And that isn't going to happen any time soon.

08-06-2010, 08:04 AM	#49
WT Sharpe Bah, humbug! Posts: 39,073 Karma: 157049943 Join Date: Jun 2009 Location: Chesapeake, VA, USA Device: Kindle Oasis, iPad Pro, & a Samsung Galaxy S9.	I hope B&N is around for a long time to come, as well as the mom & pop bookstores. Barnes and Noble has a great selection, and a wonderful atmosphere.

03-17-2011, 01:22 AM	#53
varelov Enthusiast Posts: 44 Karma: 1590 Join Date: Oct 2010 Device: nook	Wall Street after 2008 reduced itself to a brewery of rumours and speculations. Anything and everything can bring down anybody's stock. Supercomputers that execute hundreds of trades in a fraction of a second are the kings of our stock market today. Hence, I wouldn't rely much on stock pricing as a reflection of the future of the company. I had both B&N and Borders near where I lived, before Borders closed their store. There's hardly 15 minutes in any hour of any day that that B&N store is opened that doesn't have a line in front of their faux Starbucks counter. A decent line in front of the cashier counter as well. I don't think B&N is going away any time soon. Not all printed content can be digitized, nor can experience with prints be replicated by digital. They also proved to me that they are listening to their customers by lowering price on a title that I consider buying as a nook book that I previously saw cheaper as a kindle book. It wasn't immediate but it was done.

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