Saturday, December 5, 2015

B&N Reports Disappointing Second Quarter

Panzer had an unhappy experience in the Catosphere today. Our big bad kitty boy was just traveling around enjoying himself when he heard moaning and crying. Following the sounds took him to the Publishers' Weekly site. There he found a sad post by Jim Milliot about Barnes and Noble's sales figures.

According to Mr. Milliot's post, Barnes and Noble reported their second quarter sales are down a total of 4.5 percent over last year's second quarter. Bricks and mortar stores' sales are down as are online sales. Part of Barnes and Noble's lower sales stems from problems with their online site. The only bright spot in the sales report seems to be that games and toys sales had an increase of 14.9 percent.
Toys? You're kidding right?

Panzer says, "Games and toys sales are up? But ... But ... They're supposed to be a bookstore chain."

Note: Getting tired of tea? A glass of milk and a cookie should do it today.

To read the post, tootle over to Barnes and Noble

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