Barnes & Noble

Barnes & Noble founder looking to buy back company

Barnes & Noble founder looking to buy back company

Barnes & Noble has certainly seen better days. They're expecting a huge loss on their NOOK business, and they could close 30% of their stores this year (but may possibly open a few new ones in different locations. With all this said, it's no wonder that the company is looking to change some things around. In fact, the company's founder, Leonard Riggio, is pondering the idea of buying the company back from shareholders.

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Barnes & Noble expecting huge loss in NOOK business

Barnes & Noble expecting huge loss in NOOK business

Barnes & Noble will announce its Q3 2013 earnings next week, but things aren't looking good for the book-selling franchise. The company expects a higher loss from its NOOK business for fiscal year 2013 than originally expected in January. The company didn't reveal specific numbers, but their earnings before interest, taxes, depreciation, and amortization showed a loss of $262 million for their fiscal year 2012, and they expect 2013 to be even worse.

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Barnes & Noble to close 30% of stores within the decade [UPDATE]

Barnes & Noble to close 30% of stores within the decade [UPDATE]

If you still love shopping for books by hand at your local Barnes & Noble, enjoy it while you can, because the company has announced that its cutting its store force by 30% within 10 years, lowering the total number of bookstores for the company down to 450 to 500 stores in the US. Right now, the company operates just under 700 locations, with a separate store chain of 675 college-focused stores.

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Android Hardware Rundown: 2012

Android Hardware Rundown: 2012

2012 was quite a huge year for Android. We saw the jump from Android 4.0 Ice Cream Sandwich to Android 4.1 Jelly Bean, and then to version 4.2. Ice Cream Sandwich was a solid operating system, but Jelly Bean made it even better, adding new features like Google Now, better notifications, and even Photo Sphere. However, the software was merely just a vehicle for the hardware to ride on -- the devices themselves were what really shined this year.

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The Day of the Cheap Ereaders

The Day of the Cheap Ereaders

Today is the day that you're going to want to purchase one of two ereaders if you've not already done so - and if you want one, of course: both the Nook Simple Touch and the Amazon Kindle Fire HD have had their prices slashed this morning. The oddest thing has happened - two of the biggest competitors in the ereader space have discounted one of their hero devices - imagine that! Of course the Amazon Kindle Fire HD 8.9 is not even beginning to be the same sort of tablet as the Barnes & Noble Nook Simple Touch when it comes down to it, but they're both on the cut - and in Amazon's case, just for today!

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Barnes and Noble Q2 earnings show digital content grind

Barnes and Noble Q2 earnings show digital content grind

This week Barnes & Noble has made the call on their financial second quarter, citing increased spending on their Nook division to keep pace with Amazon.com and Apple. The company made it clear that as the Nook accounts for 8.5 percent of their total revenue, it wasn't going away any time soon - meanwhile same-store in-store book sales dropped over Black Friday weekend - imagine that! Barnes & Noble also reported that quarterly sales of its high-margin digital periodicals and books went up significantly.

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