Friday, January 5, 2018

Barnes & Noble Reports Holiday Revenues Down 6.4 % - The Digital Reader

Panzer made a short trip into the Catosphere today. Our speedy little kitty pilot stopped in at The Digital Reader site. With a little digging he found a post about Barnes and Noble's holiday sales figures.

How can we help them?
According to The Digital Reader site owner Nate Hoffelder, Barnes and Noble announced in a press release that holiday sales revenue was down compared to last year's holiday revenue. It appears lower bricks and mortar store shoppers contributed to the 6.4 percent decline. Online sales also declined, but by only 4.5 percent. The company projects the next quarter sales will also be down.

Panzer says, "Hmm ... Obviously ...The restaurants with alcohol in the stores isn't working. Maybe ... Do a little work on the Nook? Or work on the Nook for PC app?"

Note: This is a short post. Bring a cup of tea and a cookie (biscuit) for today's reading selection.

To read the post tootle over to Barnes and Noble

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