B&N Names Demos Parneros CEO - Publishers Weekly

Panzer's trip into the Catosphere today took him to the Publishers Weekly (PW) site. There our inquisitive kitty boy found a post about Barnes and Noble.

According to the post by Jim Milliot, Barnes and Noble has a new CEO. Demos Parneros has been named to take over the position from Len Riggio. Mr. Parneros has been functioning in the Chief Operating Officer position since he was hired in November 2016. Mr. Parneros came to Barnes and Noble after leaving his position as President of Staples. In addition to the announcement of Mr. Parneros' appointment to the CEO position, there's information on Barnes and Noble's most recent sales figures included in the post.

I'll be watching what happens.

Panzer says, "Hmm ... At the end of the post there are some interesting hints about the possiblity of coming closings of some Barnes and Noble bricks and mortar stores."

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

To read the post, tootle over to Barnes and Noble CEO