Barnes & Noble to expand, marking a new chapter for private equity

Barnes & Noble is committing to open more than 30 new stores in 2023, three years after being taken private for $683 million by Elliott Management.This is a very different sort of story for private equity, which is known for buying physical retailers, slashing costs, and then leaving them for dead.B&N is committing to opening more than 30 new physical locations in 2023, following its first year of net store growth in more than a decade.all of its Amazon Books stores.

Daunt moved to let local store managers have greater say in what books to sell, ended publisher promotions that often resulted in bad books being displayed in prime locations, and eliminated a lot of the extraneous products that had turned B&N stores into indoor flea markets.

I am so happy that Barnes&Noble is opening new stores. I was in one during the holiday. Book stores are missed and this will engage the community even more. We can’t totality isolate ourselves. We need more than an iphone/social media to communicate. Barnesandnoble

Bold

philnurenberg Great

University Bookstore space available soon at UWT

nice to see them bounce back! i was nervous for them for a second

Honestly, it’s the kids section. Don’t believe me? IYKYK

Opening up a Bookstore like its 1990's? How exciting Put one here in Metro Detroit Need it. Class up the joint.

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