Barnes & Noble's new Nook Color: the Midpoint Between E-Readers and Tablets
Borders Group Inc. is offering discounts on electronic readers throught the rest of the month as the retailer battles Amazon.com Inc. and Barnes & Noble Inc. for share of the rapidly growing e-reader market in advance of the holiday season.
Barnes & Noble tries to forge ahead with new digital products, but can't seem to put behind it old lawsuits.
Will there be e-reader price wars at Walmart just in time for the holidays? The retail giant has announced it is adding the Nook and Kobo electronic readers to its designated e-reader section. The stores already carry the iPad and Sony's various Editions.
Wal-Mart Stores (WMT) will start selling the Kobo Inc. digital book reader in U.S. stores next week, as it moves to increase its hand-held electronic product line. U.S. stores will begin selling the Kobo device as early as Oct. 24, Wal-Mart CEO Michael Serbinis told Bloomberg News.
Barnes & Noble successfully defended itself in a proxy fight with billionaire Ron Burkle, who wants to gain control over the troubled bookseller. But Burkle hasn't given up, and a new SEC "shareholder access" rule could help in his quest.
Retailers such as Toys R Us, Rockport and Borders hope to grow their Web sales with a new shipping service called ShopRunner.com. Much like Amazon's Prime program, consumers pay $79 per year for a membership, which lets them ship as many orders as they want from ShopRunner's retail partners.
A bitter and extended proxy fight climaxed at Tuesday's shareholder meeting. In the end, B&N Chairman Riggio's defeat of dissident shareholder Burkle was more fait accompli than 11th-hour surprise. And it served far more to raise questions than provide answers.
Conde Nast launched an iPad version of the 'New Yorker' today. The editors of the venerable magazine say they are delighted -- if a little bewildered -- by the new technology.
Barnes & Noble reports a consolidated net loss of $63 million, or $1.12 per share. That's considerably more than the loss estimated by investors. Meanwhile, a battle with a major shareholder intensifies.
Ron Burkle may have drawn first blood in the proxy fight that now looks all but inevitable at Barnes & Noble's annual shareholders meeting next month, but founder and chairman Leonard Riggio is not about to back down. In fact, Riggio's increasing his stock holdings and staying on the board of directors ballot while two others vacate their seats.
Talks Stall Between B&N and Ron Burkle
Barnes & Noble and its second-largest shareholder, billionaire Ron Burkle, appears to be over. The two camps have reached a settlement that would give Burkle three board seats in exchange for dropping his lawsuit against the bookseller.
Think struggling book retailer Borders finished with layoffs in 2010? With four rounds of layoffs so far this year the company has no new ideas.
One Big Reason Why B&N Put Itself Up For Sale: Ron Burkle
The ongoing battle between Barnes & Noble and its second-largest shareholder, Ron Burkle, has recently escalated. Things have gotten so bad that both sides have now landed in the courtroom.
The world's biggest online retailer attempts to address the drawbacks of its larger e-reader -- primarily the price. But will it be enough to compete with the Nook and the iPad?
Digital Sales Help Barnes & Noble's Fourth Quarter, But Not Enough
Amazon Cuts Kindle Price As E-Reader Battle Heats up
At a conference about the future of tablets, analysts and media companies alike made bold predictions about how the devices will revolutionize the marketplace. Yet, with the market-leading iPad out a mere two months, it doesn't seem like any of the projections carry much weight.
Street Wire: S&P Upgrades B&N Stock to "Hold"
Barnes & Noble announced Wednesday that it will enter the self-publishing business this summer with the launch of PubIt, a digital publishing service that will make it simple for hopeful authors to sell their books and content on its Nook e-reader.
Billionaire Ron Burkle, founder of Yucaipa Cos., is suing Barnes & Noble in an attempt to derail the "poison pill" measure the bookseller adopted last year to prevent his hostile takeover attempt.
Thursday morning's announcement that Steve Riggio would step down as Barnes & Noble's CEO seemed unexpected -- at first. But his replacement is looking into the company's digital future, without overlooking its secret weapon: brick-and-mortar stores.