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Old 06-24-2016, 03:53 PM   #1
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Barnes & Noble’s New Comeback Plan
Barnes & Noble Inc. has a plan to enliven the slumping bookstore chain: adding restaurants that serve beer and wine.

The four new concept stores will open in Eastchester, New York; Edina, Minnesota; Folsom, California; and Loudon, Virginia.

http://finance.yahoo.com/news/barnes...201141759.html
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Old 06-24-2016, 04:47 PM   #2
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I would drink to that but none is within driving distance of me.
The nearest Borders ended up repurposed as a PF Chang's so B&N is getting a good headstart on their life after books.
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Old 06-24-2016, 05:10 PM   #3
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The Loudoun location is still a hole in the ground, and the Edina store is already open.
http://the-digital-reader.com/2016/0...-in-loudon-va/
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Old 06-24-2016, 05:11 PM   #4
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This seems like a silly idea. Restaurants are if anything riskier than bookstores. Yet I gather the stock price went up.
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Old 06-24-2016, 05:56 PM   #5
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This seems like a silly idea. Restaurants are if anything riskier than bookstores. Yet I gather the stock price went up.
their stock usually goes up when they make some sort of positive plan. Then they fail to execute that plan, or fail to execute it well and the stock comes crashing back down.
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Old 06-24-2016, 06:17 PM   #6
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The Loudoun location is still a hole in the ground, and the Edina store is already open.
http://the-digital-reader.com/2016/0...-in-loudon-va/
Knowing the Edina location very well I'd have to think they'll need to either a) completely gut it and start over to implement this or b) plan on building a new store to replace the current one. It's one of their older, smaller, stores compared to many and unless they're going to really cut the book space would need something much bigger than it currently is (perhaps the restaurant will be in an adjoining space in the mall?).
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Old 06-24-2016, 07:02 PM   #7
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Knowing the Edina location very well I'd have to think they'll need to either a) completely gut it and start over to implement this or b) plan on building a new store to replace the current one. It's one of their older, smaller, stores compared to many and unless they're going to really cut the book space would need something much bigger than it currently is (perhaps the restaurant will be in an adjoining space in the mall?).
The local paper said that the store would be moving to a new location in the same mall.
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Old 06-24-2016, 07:03 PM   #8
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The local paper said that the store would be moving to a new location in the same mall.
Makes sense.
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Old 06-24-2016, 07:49 PM   #9
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So, B&N, who can't seem to make money in the business they are actually in, are going to try in a business they have no idea about.

A restaurant, especially a big one (which is what these are going to have to be in order to make enough money to 'save' a national listed company), is a lot different than running cafes in bookstores.

Maybe they think that B&N customers have to be drunk in order to buy books there...
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Old 06-24-2016, 08:14 PM   #10
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Maybe they think that B&N customers have to be drunk in order to buy books there...
Welcome to Bar & Noble
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Old 06-24-2016, 08:16 PM   #11
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I swore I'd never buy another thing from B&N. Now I've got a $49+ credit. I won't buy ebooks from them but I can print the document I've received and I'll spend all/most of it at a B&M store and then wave goodbye as I cross the parking lot. Good riddance.
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Old 06-24-2016, 08:27 PM   #12
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So, do you have to pay for the book before you bring it into the restaurant?
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Old 06-25-2016, 12:46 AM   #13
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Old 06-25-2016, 02:26 AM   #14
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So, do you have to pay for the book before you bring it into the restaurant?
can't see why you would, they let you in the cafe with unpaid for books. Spill some coffee on them? No problem, here's a fresh new one for you to read tomorrow. No need to buy!
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Old 06-25-2016, 05:23 AM   #15
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So, do you have to pay for the book before you bring it into the restaurant?
From one of the articles, the dining area is surrounded by books shelves, presumably with the books for sale.

Of course, most of the diners will just assume that they're there for atmosphere. In fact, I bet most diners would be surprised that they were real books and not the ones like Ikea uses.
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