It's that time of year again, when America's largest retailers release those critical holiday season figures and disclose their annual sales. A review of these numbers tells us a great deal about how most of the companies will do in the upcoming year. And while successful retailers in 2012 may add brick-and-mortar stores this year, those that have performed very poorly may have to cut locations during 2013 to improve margins or reverse losses.
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Barnes & Noble To Slowly Ditch A Third Of Retail Stores
January 28, 2013
From Fast Company
B&N will cut up to a third of its brick-and-mortar stores--slowly and carefully over 10 years.
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Barnes & Noble to Shutter One-Third of Stores Over the Next 10 Years
January 28, 2013
From TechCrunch
Barnes & Noble has put up an excellent fight over the past few years against the rising tide of digital competitors like the iPad, Kindle Fire, etc., but it would seem that the bookseller has still come up a bit short, as the
The Wall Street Journal reports that the company has plans to shut down nearly 20 stores per year over the course of the next decade. Just last week, we learned that Barnes & Noble had a rough holiday sales season with a 10.9 percent sales decrease from the previous year's holiday season.
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