Showing posts with label Elliott Advisors. Show all posts
Showing posts with label Elliott Advisors. Show all posts

Thursday, January 19, 2023

How Barnes&Noble transformed its brand from corporate bully to lovable neighborhood bookstore - Fast Company*

Today's trip into the Catosphere took Panzer to the Fast Company site. There with a little digging in the posts our inquisitive kitty boy found one about Barnes and Noble.
 
I think the changes are good.
Rob Walker's post follows the changes made to the Barnes and Noble brand since the company's purchase by Eilliott Advisors. Under previous leadership the company's brand was "big box store" bookstore. The stores were large and carried more retail merchandise than books. Now, under Elliott the stores have smaller footprints and concentrate more on books. The post contains links to posts at other sites with more information about Barnes and Noble.
 
Panzer says,"Small is good."
 
Note:This is a long post. Bring a large mug of cocoa, two brownies and two chocolate chip cookies (biscuits)for your reading. If you plan to follow the links in the post, you should probably bring your lunch too; but, you decide what else to bring.
 
To read the post tootle over to Barnes and Noble
 
 
*A tip of the kitty fedora to Nate Hoffelder for the original link in his blog post. 

Wednesday, February 12, 2020

Waterstones Shows Profit, But B&N Is a 'Big Mess' - Publishers Weekly

Today Panzer decided to make a stop at the Publishers Weekly site. With some digging in the posts pile, our traveling kitty discovered one about Barnes and Noble.

According to the post by Ed Nawotka, in Waterstones' recently released financial reports the company posts a profit. The figures cover Waterstones' sales from the time of Elliott Advisors' purchase of the company in April 2018 to April 2019.  However, Waterstones' CEO James Daunt reports Barnes and Noble is a 'big mess.' CEO Daunt took over running Barnes and Noble after Elliott Advisors' June 2019 purchase of the company. Barnes and Noble's Christmas retail sales were down. Daunt attributed this to the company's exit from some sales models and the return to its core bookselling business.
Alcohol and books?

Panzer says, "This little kitty wonders if the Barnes and Noble restaurants will go away."

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

To read the post tootle over to Barnes and Noble

Wednesday, August 7, 2019

Elliott Completes Purchase of B&N - Publishers Weekly

We knew it was coming.
Today, as Panzer was tootling around in the Catosphere he decided to make a short trip to the Publishers Weekly site. With no digging in the posts at all our adventuresome kitty found one about Barnes and Noble.

According to the post by Publishers Weekly's Jim Milliot, the Barnes and Noble sale to Elliott Advisors is now final. In a $683 million deal Elliott Advisors is now the sole owner of Barnes and Noble. Elliott paid $6.50 per share to stock holders to procure ownership. The bookstore chain is now a privately held/owned company.

Elliott Advisors does admit they plan to sell Barnes and Noble after making some changes and updates to the bookstores.

There are several links to previous posts about the sale and interviews included in the post.

Panzer says, "This little kitty wants to know what's going to happen to Barnes and Noble's Nook and the ebook publishing and sales online sites."

Note: This is a long-medium length post. Bring a cup of lemonade and a big bowl of ice cream for today's reading selection. If you plan to follow all the links, bring a thermos of lemonade, an even bigger bowl of ice cream and a muffin.

To read the post tootle over to Elliott Advisors

Tuesday, June 18, 2019

With No New Bid, Elliott's Offer for B&N Stands - Publishers Weekly

Panzer was cleaning the Panzermobile when he happened to find a post wadded up in the beverage holder. Smoothing it out our fastidious kitty discovered it was a post about Barnes and Noble. Panzer told you about the Barnes and Noble company sale a few days ago.

According to Jim Milliot, the bid to buy Barnes and Noble submitted by Elliott Advisors will proceed. In the acquisition Elliott Advisors will pay shareholders $6.50 per share to obtain full ownership of the company. The sale is expected to be finished in the third quarter.
What will happen to author's ebooks?

Panzer says, "Hmm ... I guess it's official now. ... Barnes and Noble will have new owners. ... But ... What will happen to Nook and the online ebooks store?"

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post tootle over to Barnes and Noble

To read Panzer's post about Elliott's offer tootle over to Barnes and Noble sale

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