Cheap-chic retailer Target will discontinue the sale of Kindle e-readers and Amazon-branded products. It's easy to see why Target isn't keen on enriching the enemy. But it's not business, Amazon.com: It's just personal.
Apple announced that it sold 3 million new iPads over the weekend -- a new record for the tech giant's tablet line.
The Kindle Fire hits the market next month, and the $199 tablet is already a "hot" seller. This would normally be the kind of news that would send board rooms into a frenzy of high-fives, but Amazon won't turn much of a profit on the entry-level tablets. Then again, it may not need to.
This isn't how Barnes & Noble wanted to write its final chapters. The liquidation of rival Borders this summer should have been an opportunity to grab market share, and it's Nook e-reader should have kept it relevant. Instead, a price war is exposing the retailer's financial shortcomings.
'Tis the season to buy tech products -- almost. If you're looking to upgrade, it's probably best to wait till Black Friday. Computers, high-end smartphones, HDTVs and tablets will see sharp discounts for the holidays.
Barnes & Noble had its best holiday season in over a decade with store sales up 9.7% over last year, and online sales soaring a whopping 67%.
In these precious few holiday shopping days left, e-readers make for an easy gift for a wide range of family and friends. So, DailyFinance has assembled a guide to the major e-readers and what each one is best suited for as well as what issues you should consider before buying.
It has been a tumultuous year for Barnes & Noble, the country's largest bookseller, and its quarterly earnings report reflects that. Total sales for the quarter were $1.9 billion, a bit less of a gain than analysts had predicted, while earnings were a net loss of $12.6 million, also worse than expected.
Back in September, billionaire Ron Burkle lost his proxy war with Barnes & Noble's board, failing to kill the poison pill that kept him from upping his stake in the company. That made Wednesday's shareholders meeting all but a formality. But what's next for the nation's largest bookseller?
Barnes & Noble is hoping to boost holiday sales by testing new toy sections, following the "store-within-a-store" model, in five of its locations.
