Tuesday, September 24, 2019

B&N's James Daunt Isn't Daunted At All - Publishers Weekly

Today as Panzer was tootling around in the Catosphere he decided to stop in at the Publishers Weekly site. Digging in the posts, our adventuresome kitty found one about the new Barnes and Noble after Waterstone's takeover.

Makes sense to me.
According to Jim Milliot, Barnes and Noble's CEO James Daunt has plans for turning around the bookstore's sales and profits. The plans include making each store manager responsible for determining the store's stock. The company feels the store manager knows their community and customers better than the company's New York headquarters. This does, however, mean the manager will be responsible to the New York headquarters for the store's sales or lack thereof. The plans also include investing in making improvements to the stores.

Panzer says, "Hmm ... CEO Daunt says he does not plan to do away with the Nook or BN.com."

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

To read the post tootle over to Barnes and Noble

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