Barnes Noble

Should the deeply troubled Borders chain close, publishers will survive just fine. But for authors who don't have instant name recognition with book buyers, the loss of an outlet with scads of shelf and floor space is a serious blow. Plus, it's one less place where authors and readers can connect.

Hedge fund manger Bill Ackman says he will finance a takeover bid for rival bookseller Barnes & Noble at $16 a share -- a 20.5% premium over Friday's closing price. Faced with increased competition, B&N has seen sales plunge in recent quarters.

Bookseller Barnes & Noble Inc. may enact limitations on the size of single shareholder stakes, as the family of founder and chairman Leonard Riggio and activist shareholder Ron Burkle battle for control of the company.

Barnes & Noble officially launched a color eBook reader officially known as the Nook Color, which will be available starting November 19 for $249. The Nook Color has a 7-inch screen and provides access to the Barnes & Noble eBook store with more than 2 million titles, most of which you will...

It will be easier than ever this holiday season to find an eBook reader with Walmart announcing that it would begin offering the Barnes & Noble Nook and the Kobo eBook readers in stores alongside the Apple iPad and Sony eBook readers. Walmart joins many other retailers such as Target and Best...

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A bitter proxy fight climaxed at Tuesday's shareholder meeting. In the end, B&N Chairman Len Riggio's defeat of dissident shareholder Ron Burkle was more fait accompli than 11th-hour surprise. And it left lots of questions unanswered.

With less than two weeks to go in the bitter proxy contest between Barnes & Noble founder Leonard Riggio and billionaire Ron Burkle, one key analyst has changed his outlook on the company's stock for the worse and a leading proxy advisory firm has sided with the Riggio camp.

For the quarter ending July 31, overall sales dropped 11.5% from a year ago to $526 million, continuing a downward spiral that's seen revenues over this time decline year-on-year from $945 million in 2007 to $749 million in 2008 to $617 million in 2009.

Faced with tumbling book sales, Borders, the country's second largest bookstore chain, will begin selling stuffed animal kits from Build-A-Bear Workshop in its stores. It also plans to cut prices of its e-reading devices.