Thursday, March 3, 2016

With Earnings Up in Q3, B&N States Plan to Open New Concept Stores - Publishers' Weekly

Panzer did a little traveling around in the Catosphere today. Stopping in at the Publishers' Weekly site, our exploring kitty found a post with some interesting news about Barnes and Noble.

Just like Amazon's hybrid store.
According to a post by Jim Milliot, Barnes and Noble announced their increased earnings for the 3rd quarter. In addition to their earnings figures, CEO Ron Boire also announced details about their new hybrid bookstores. Panzer told you about Barnes and Noble's hybrid bookstore concept in February. The stores use the same marketing plan as Amazon's new bricks and mortar store. Barnes and Noble plans to open four stores in fiscal 2017.

Panzer says, "Hmmm ... I still wonder about competing with Amazon's new store concept."

Note: This is a l-o-n-g-ish post. You'll need a b-i-g cup of tea and a muffin for your reading.

To read the post, tootle over to Barnes and Noble

To read Panzer's post about the Barnes and Noble new store concept, tootle over to new prototype store

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