Will Barnes And Noble Go Out Of Business
And even that wouldnt necessarily mean going out of business this strategic option is an indicator of trouble brewing within the company and with outside shareholders.
Will barnes and noble go out of business. Although there are specific niches that can be identified for barnes and noble such as the ebooks or college textbooks the bottom line is this. Barnes noble can start by losing its most outdated products cds and dvds and doing a better job of curating the toys journals and other non book items it sells. 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. Whether you buy digital fatigue or not a lot of people still do like reading print books and theres still a place for print bookstorestheir business model is not played out like record stores was.
Barnes and noble is ultimately a retail business model. I dont think that bn will go out of business as long as they keep along with upcoming trend of digital media by supporting the nook and continuing to innovate in this area. Thats a tough big market its growing. Their college bookstore business still seems to be strong and they may be able to reimagine their way to a higher value more premium experience.
Dont count barnes and noble out entirely. In evaluating any decision about p. The company is still a store that sells books and associated items. The nook is a ebook reading device.
Barnes noble ceo demos parneros revealed in the quarterly investor conference call on thursday that he saw bns new strategic plan as a a multiyear process which means that it wont be ready to save the company until after the expected bankruptcy. However what i feel is that the bookstores themselves will begin to disappear as books themselves are digitized and all of the other products will move to online shopping. If bn should go under someone else will move in to fill the vacant ecological niche. If barnes noble closes it will mark the death of the last major book chain in the us leaving the field open to amazon which sells one out of every two books in the country according to.
So far barnes noble.
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