Barnes & Noble Plans to Close 20 Stores Per Year
Since 2003, the bookstore has closed an average of 15 stores annually.
Photos
Barnes & Noble Inc. plans to close 30 percent of its stores, or about 20 stores a year, over the next decade, a top executive with the bookstore told the Wall Street Journal.
Mitchell Klipper, chief executive of Barnes & Noble’s retail group, did not provide a list of retail stores that would be closed so there’s no word yet on the future of the Barnes & Noble in Deerfield Square.
The company is by far the nation’s largest book retailer chain, since the closing of Borders in 2011, and currently has 689 retail stores and 674 college stores, Huffington Post reported.
Last October, the Deerfield Square Barnes & Noble store was among 63 stores around the country where credit card data stored on PIN pads was hacked, according to the company. One of the customers, a Deerfield woman, took action against bookseller for not properly securing her personal information.
Related Coverage
- Deerfield Barnes & Noble Card Readers Were Hacked
- Deerfield Woman Sues Barnes & Noble for Identify Theft
What do you think of Barnes & Noble closing stores nationwide? Would you miss your local Barnes & Noble? Tell us in the comments section.
John Ortbal
8:04 am on Wednesday, January 30, 2013
We would certainly miss our Barnes and Noble bookstore. Not only does it help anchor our Deerfield Square shopping area, it's children's section has wonderful events. Losing B&N would be losing part of our Deerfield identity. Plus it contributes to our local tax base.
Walter White
8:27 am on Wednesday, January 30, 2013
I think the trustees need to look into the signage. There could be some minor infractions there.
RB
1:01 pm on Wednesday, January 30, 2013
Walter, you're right! The sign says "booksellers". That says what they sell. That's a no no in Deerfield. No Prime Steaks or Bar BQ, how can you say books?
I hope B and N stays. It's a nice store. Their overhead must be through the roof, so I hope they get busy selling and residents buy things instead of thumbing through the magazines and books while drinking coffee.
Walter White
4:12 pm on Wednesday, January 30, 2013
Our only hope is that there's plenty of books at the Patty Turner Center and the trustees don't need to go to B&N.
RB
4:57 pm on Wednesday, January 30, 2013
I'm sure the Village has already written B and N Corporate and said the Village loves them and stands ready to help keep them open should they be considering Deerfield as a closure. (not!). That would be something a progressive board that is pro-business would do. Seriously, it would make us stand out as backing B and N. We don't want this location chosen for closure. THAT would be a tuff location to fill and would add tour 300,000+ sq. feet of empty retail space in Deerfield. Do it board! Double dog dare ya!
McCloud
6:23 pm on Wednesday, January 30, 2013
Obamanonics continues to grow weed pastures in empty retail space, the fun is just starting.
Just Sayin
9:43 pm on Wednesday, January 30, 2013
Sheeeeesh McClown...Obama policies have NOTHING to do with the B&N closings. You a so freaking single sighted and stupid it's unbelievable!!! (Oh and BTW...I have known the Riggio brothers for years. They and 90 percent of their top brass at B&N are democrats through and through). Smoke that you fool.....
McCloud
6:54 am on Thursday, January 31, 2013
Take a look around, retail space is getting emptier by the day, 4Q GDP has been adjusted down, beckoning a new recession, new taxes in place this year, higher debt ceilings with no concern about more massive debt, regulations strangling business, Fed money making for the Lance Armstrong Dow. I'd say the stupid and single sighted one are the Bush blamers and the Kardasians who elected Obama.
Just Sayin
7:25 am on Thursday, January 31, 2013
McClown...Of course bricks and mortar are dwindling. Wake up...it's a new world where people do not need to leave the comfort of their home to acquire consumer products and services. They don't even need a home for computer access. And so they are...in droves. Sorry clown...this ain't Main St. in Mayberry anymore. But you can catch the reruns on the TV Network to be reminded of the world as you wish to live it. Blame whomever you want for whatever you want...but the technology beast has been loosed and EVERYTHING will change. Well...except perhaps your delusions.
McCloud
7:28 am on Thursday, January 31, 2013
So you are saying that the GDP, meaning Gross Domestic Product, is just for Gomer and Goober?
Just Sayin
11:59 am on Friday, February 1, 2013
McClown...What kind of a stupid question is that ? You must be running out of comedic material. Best you start digging up Jack Parr's old material.
Corey D
6:28 pm on Wednesday, January 30, 2013
If only they closed last year, the library could have just moved in there.