B&N Pays Boire $4.8 Million in Separation Agreement - PW (Publishers' Weekly)

Panzer's trip into the Catosphere today took him to the Publisher's Weekly site. After some digging around, our traveling kitty found a post about the Barnes and Noble bookstores company.

Inquiring kitties want to know.

According to the post by Jim Milliot, Barnes and Noble has reached a separation agreement with former CEO Ron Boire. Mr. Boire was terminated by the company in August for unspecified reasons. No reason for Mr. Boire's termination is included in the announcement of the separation agreement either. The two new things of interest in the announcement are that Mr. Boire has agreed to return the company stock awards given to him earlier and that he will receive $4.8 million to leave the company.

Panzer says, "Hmm ... So ... It's still a puzzle why he got fired."

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

To read the post, tootle over to Boire separation agreement

Barnes and Noble Faces a Challenge that has Not Been Clearly Spelled Out - The Idea Logical Company

Panzer made a trip to The Idea Logical Company site today. With hardly any digging at all he found a post about Barnes and Noble.

The post by Mike Shatzkin addresses the question of what Barnes and Noble needs to do now to be a viable and healthy bookstore chain. According to Mr. Shatzkin, basically the answer seems to be that smaller is better. He suggests that instead of enlarging the stores to what ousted CEO Ron Boire called "concept stores," the stores should, instead, downsize. With examples from the history of bookstores up to the present, Mr. Shatzkin shows the current evolution is for smaller stores. There are other suggestions to ensure Barnes and Noble's ability to continue to function.

After all that, I need a nap.

Panzer says, "I promise, no more posts about Barnes and Noble for a while."

Note: This is a h-u-m-o-n-g-o-u-s post. Bring two thermoses of tea and two dozen muffins for today's reading selection. You should probably also bring a sleeping bag for a nap halfway through the reading selection, too.

To read the post, tootle over to Barnes and Noble

What's Next for Barnes and Noble? - Publishers' Weekly

Panzer stopped in at the Publishers' Weekly site today. There our curious kitty found a post about Barnes and Noble. The company seems to be everywhere in the Catosphere since the ouster of CEO Ron Boire.

I'm looking everywhere for answers.

In the post Jim Milliot examines both named and unnamed publishers' reactions to the announcement of Mr. Boire's unexpected firing. With a change in leadership coming this late in the year, it appears the publishers are all worried about Barnes and Noble's Christmas book promotions and sales plans and follow through. There are other publisher concerns covered in the post, but unease about the upcoming holiday book buying season seems to be the major question.

Panzer says, "This kitty wants to know if they'll put more effort into the bn.com site and the Nook now."

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

To read the post, tootle over to Barnes and Noble

Barnes and Noble Ousts CEO, Ron Boire - PW (Publishers' Weekly)

Panzer was tootling around in the Catosphere when he heard strange noises coming from the PW (Publishers' Weekly) site. Zipping over, he discovered some news about Barnes and Noble. Our inquisitive kitty does like to keep up to date on the goings on at Barnes and Noble. Their ebook selling site is the main outlet for his ebook sales.

According to a post by Rachel Deahl, Barnes and Noble announced the ousting (termination) of CEO Ron Boire. This comes on the heels of the disclosure that the company's June revenue showed a 3.1 percent decline with losses from the bn.com site and Nook sales. In the wake of Mr. Boire's departure, Barnes and Noble founder Len Riggio announced he will postpone his retirement until a replacement is found. Book publishers asked about the news were surprised and unhappy with the announcement.

I'll never understand humans.

Panzer says, "Let me see  ... Barnes and Noble announced a while back they were going to concentrate on building up their brick and mortar stores' restaurants and serve alcohol in them ... and ... cut back on the Nook. ... Hmmm ... Now Nook sales are down ... and ... the bn.com site (which sells ebooks for the Nook) sales are down. Coincidence? This kitty thinks not."

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

To read the post, tootle over to Barnes and Noble

With Earnings Up in Q3, B&N States Plan to Open New Concept Stores - Publishers' Weekly

Panzer did a little traveling around in the Catosphere today. Stopping in at the Publishers' Weekly site, our exploring kitty found a post with some interesting news about Barnes and Noble.

Just like Amazon's hybrid store.

According to a post by Jim Milliot, Barnes and Noble announced their increased earnings for the 3rd quarter. In addition to their earnings figures, CEO Ron Boire also announced details about their new hybrid bookstores. Panzer told you about Barnes and Noble's hybrid bookstore concept in February. The stores use the same marketing plan as Amazon's new bricks and mortar store. Barnes and Noble plans to open four stores in fiscal 2017.

Panzer says, "Hmmm ... I still wonder about competing with Amazon's new store concept."

Note: This is a l-o-n-g-ish post. You'll need a b-i-g cup of tea and a muffin for your reading.

To read the post, tootle over to Barnes and Noble

To read Panzer's post about the Barnes and Noble new store concept, tootle over to new prototype store

B&N Confirms New Prototype Store Will Open - PW (Publishers' Weekly)

Panzer was enjoying his trip in the Catosphere today, when he heard oohing and ahhing and laughing. Following all the ruckus took our kitty boy to the Publishers' Weekly site. It only took a little digging to find out what all the noise was about.

According to a post by Judith Rosen, Ron Boire, CEO of Barnes and Noble, says the company will be opening a bricks and mortar store with online digital access to ebooks for their Nook in 2016. The new store's marketing model would be similar to Amazon's bricks and mortar store in Seattle, Washington. Panzer told you about Amazon's store opening in November of last year.

Who else wants in hybrid bookstores?

Panzer says, "Hmmm ... Think Barnes and Noble will win against Amazon in the hybrid bookstore market?"

Note: A cup of tea is enough for today's reading; but, if you plan to read Panzer's earlier post too, add another cup of tea and a dozen muffins because his earlier post includes links to some of his other posts about Amazon's store.

To read the Barnes and Noble post, tootle over to B and N Store

To read Panzer's earlier post about Amazon's store, tootle over to Amazon's new bookstore