Tuesday, June 27, 2017

B&N Eyes Revenue Growth - Publishers Weekly

Today, Panzer made a quick trip to the Publishers Weekly site. With just a little digging around our cute kitty boy found a post about Barnes and Noble's sales revenue. Panzer told you a couple of days ago about Barnes and Noble's decline in sales in their 2017 Fiscal Revenue Report.

Maybe make them cat friendly, too?
According to Jim Milliot's post, Barnes and Noble is planning to make some changes in the hopes of bringing about company revenue growth. CEO Demos Parneros advises the company is undertaking plans to make stores more customer friendly. While 2017 juvenile book sales were down as were adult coloring books among other sales declines, BN.com sales were up 3.9 percent. CEO Parneros advises other plans include reducing under performing book categories to make room for the more popular categories. Mr. Parneros doesn't expect an instantaneous turnaround and is instead looking at long term goals.

Panzer says, "Hmm ... BN.com sales are up. That's good."

Note: This is a medium length post. Bring a cup of tea and two muffins for today's reading selection.

To read today's post tootle over to Barnes and Noble revenue growth

To read the post about Barnes and Noble's 2017 Fiscal Report, tootle over to Barnes and Noble sales reports

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