Barnes & Noble, Inc.

+$0.00 (+0.0%)
Closing price August 19, 2019
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Barnes & Noble has been in the midst of a "going out of business" sales for years, and now it has announced holiday sales.
Ohr Pharma, Francesca's Holdings, Yingli Green Energy, and Barnes & Noble all posted new 52-week lows Friday.
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The American Customer Satisfaction Index (ACSI) has released its latest evaluation of major American retailers. Costco and Dillard's led in the two major categories.
As same-store sales disintegrate and it becomes clear the holiday season was unkind to many retailers, several retail company chief executives cannot be ousted, no matter what their results.
Based on a new disclosure of same-store sales over the holiday, Barnes & Noble is in a decline that makes it look more and more like other failed retailers.
Barnes & Noble reported Thursday that same-store sales for the nine-week holiday period ended December 31 plunged 9% year over year. Company cut guidance and stock tumbled.
Several high-profile CEOs lost their jobs in 2016, along with one or two who "resigned" with the cooperation of their boards.
Barnes & Noble NOOK e-reader sales have been slaughtered recently as the company falls hopelessly behind due to the success of its Kindle.
At least 42 retailers have elected to stay closed for the Thanksgiving holiday. They run the gamut from obscure firms to those among the most well-known in the industry.
The trouble is relentless across the brick-and-mortar retail world. Malls are closing or downsizing. At least six large retailers will have to merge, almost certainly in some combination with one...
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