Neither bankruptcy nor a liquidation can kill iconic brands.
Don't share with Barnes & Noble, and you'll face the book behemoth's wrath. One week after DC Comics handed over exclusive digital rights for some of its comic books to Amazon, B&N fired back by yanking physical copies of those books off its store shelves.
Let the price cuts begin. A few hours after Amazon unveiled its Kindle Fire tablet for $199, the BlackBerry PlayBook tablet was slashed by $200 by a major retailer.
Barnes & Noble, one of the few "brick and mortar" bookstore chains still functioning, reported a loss Tuesday for a second consecutive quarter.
Are you a person who loves to read books? If so, you're set for life.
After the news of Borders Group's plan to close the chapter on all its locations, the bookselling industry needs a good story -- and here's one with a twist. Independent bookstores, the very group whose demise was predicted by the rise of the big chains, could fill some of the gap.
We are without doubt in the middle of the greatest explosion in creativity we humans have ever witnessed -- more music, more images, more news, more words. It's part of what killed Borders, the giant bookstore chain that just announced its liquidation. And it's why the thousands of people who are about to lose their jobs at Borders are more important than ever.
Borders Group will liquidate its remaining assets after efforts to find a buyer fell through, the bookstore chain announced Monday.
Borders Group moved closer to liquidation after a key takeover offer from a private investment firm was rejected Wednesday.
StockTwits is all abuzz over retail stocks Tuesday, particularly focused on Barnes & Noble, Walgreen, Best Buy and Lululemon.
There are no two ways about it: E-books are here to stay. Unless something as remarkable as Japan's reversion to the sword occurs, digital books are the 21st century successor to print.
In the fickle world of retail, mediocrity -- or even outright failure -- is being rewarded.
Politics is serious business -- but not all the time.
I have just returned from the morgue.
It doesn't take a financial analyst to sense when a retail chain is in trouble. You walk into a store, and it feels too big and bright, given the dearth of people in the aisles. Workers in polo shirts mill around aimlessly, waiting to pounce on the scant shoppers. You're only there because you couldn't wait for an online delivery and you don't live near a Wal-Mart or Costco.
Shares of Barnes & Noble tanked more than 14% Tuesday after the bookseller missed on its earnings and suspended its dividend payment.
Borders is planning liquidation sales in the 200 stores it is shutting down as part of its Chapter 11 bankruptcy filing.
U.S. stocks finished at the highest level in more than two years Wednesday, propelled by a $20 billion merger in the pharmaceutical sector and a batch of solid corporate earnings.
Borders Group has filed for Chapter 11 bankruptcy, and plans to close 200 of its stores and reduce its staff, the nation's second-largest book retailer said Wednesday.
U.S. stocks were set to open higher Wednesday, as investors welcomed a $20 billion merger in the pharmaceutical sector.
Shares of Borders Group plunged more than 35% Tuesday before the market close, and fell another 17% in after hours trading on a report claiming the company will file for bankruptcy.
Shares of Borders Group plunged 22% Friday after the cash-strapped bookseller said it is delaying payments to some publishers.
What would truly delight the geek in your life? It's nearly impossible to know if you don't share his or her peculiar tastes.
Precious metals like gold and silver took center stage Monday as few investors showed a willingness to jump into the stock market fray on a day with no major economic news on tap.
The largest shareholder of bookstore chain Borders, investor William Ackman of Pershing Square Capital Management, is willing to shell out $900 million to takeover rival Barnes & Noble Inc., according to a regulatory filing.
U.S. stocks were poised to fall at the opening bell Monday after Fed chairman Ben Bernanke gave a pessimistic outlook about the nation's economy.
Unemployment in every state spiked in December - for the first time ever - as companies shed hundreds of thousands of positions. If you're out of work, here are some tips on how to reinvent yourself for your next employer.
Stock futures moved into neutral territory Tuesday as investors weighed a record decline in home prices and a rebound in the price of oil.
Stocks futures turned lower Thursday as a sharp increase in consumer inflation outweighed a big earnings report by the retail giant Wal-Mart.
Borders Group is jumping back into online retailing with a Web site designed to evoke the feeling of browsing at a neighborhood bookstore
U.S. stocks were set to open lower Tuesday following the holiday weekend, as high oil prices and uncertainty about the economic outlook kept investors on edge.
Borders Group is jumping back into online retailing with a web site designed to evoke the feeling of browsing at a neighborhood bookstore, down to the popular shelves of staff picks that are familiar to its customers nationwide
Stocks looked for a lower open early Thursday as oil prices dropped below the $100 a barrel mark and claims for unemployment came in higher than expected.
U.S. stock futures pointed to a weak open for stocks Thursday as investors remained unsettled by the credit crisis and awaited earnings from FedEx.
Despite the uncertainty over a holiday shopping season that threatens to squash retail profits in a melee of discounting, some executives and directors are finding bargains in their companies' beaten down stock.
Concern about the economy plagued U.S. stocks at Wednesday's open, with the major indicators significantly lower.
Stock futures and bond yields tumbled Wednesday as soaring oil prices and a weaker economic outlook from the Federal Reserve rattled investors.
Alan Greenspan is 81 and out of work. But at his Wall Street book signing, he was bigger than Bono
If you're hoping to buy the new edition of O.J. Simpson's "If I Did It," don't expect to find a copy at Barnes & Noble.
The final book in the Harry Potter series sold an estimated 8.3 million copies in its first 24 hours of sale, setting a new record for the book industry, according to U.S. publisher Scholastic.
U.S. stocks were little changed at Thursday's open as investors considered $60-a-barrel oil and a better-than-expected report on the housing sector.
U.S. stock markets were set to open higher Thursday, as futures turned around after early declines.
Borders Group, the nation's second-largest bookseller, will soon name ex-Saks executive George Jones as CEO, according to the Wall Street Journal.
Just when you think you're out, they pull you back in.
Cash-rich private equity firms, which went on a retail buyout binge last year, are still trolling the industry and are poised to grab a few more players, according to one industry expert.
Hundreds of thousands of refugees from Hurricane Katrina holed up with friends and family across the South probably have one question foremost on their minds: When can I go home?
Investors digested a batch of mostly positive earnings news after the bell Tuesday, tarnished only by the lingering effects of Hurricane Charley and some still-lost nuclear fuel rods.
First-day sales of Bill Clinton's presidential memoirs "My Life" were fast and furious Tuesday, exceeding sales expectations at some of the nation's largest booksellers.
Seasonal pricing is often the key to getting the best deals in the fun category.
Blame the war. Blame the economy. Heck, blame your neighbor who refuses to pay full price for anything. Since last year's holiday season, retailers have struggled with fewer sales at the register a...
Borders Group used to pride itself on stocking its bookstores with the widest selection possible in a brick-and-mortar establishment. In its cooking section, for instance, there were always more th...
It was late November in Minneapolis. Colin Lundgren, senior portfolio manager for fixed-income investments at American Express Financial Advisors, and his wife Wendy had just logged some hours Chri...
Fortune: Dead Mall Walkingupdated: Mon May 01 2000 00:01:00
To get a firsthand look at what I like to call the revenge of the brick-and-mortar crowd, take a drive by the giant Barnes & Noble store in Paramus, N.J., one of the company's largest freestanding ...
December 16, 1998, was not a good day for Leonard Riggio. That morning a stock analyst by the name of Henry Blodget made a disturbing announcement: He was raising his target price on Amazon.com fro...
Quick, what's the most reliable measure of a stock's value? If you said the trusty price-to- earnings ratio, you're wrong. New research has found that a better clue to future stock performance is t...
Sounding like the old Soviet Politburo after yet another failed Five-Year Plan, Kmart has hailed the success of its strategic ''Renewal'' program -- and then taken a $1.3 billion charge to earnings...
Fortune: MULTICULTURE CRITICupdated: Mon Sep 23 1991 00:01:00
In The Disuniting of America (Whittle Direct Books, $11.95), Arthur Schlesinger Jr. takes on the hot topic of multiculturalism in a lively 83-page essay. Like other titles in its ''Larger Agenda'' ...
Americans may not read as much as critics think they should, but they buy loads of books. In the past year hard-cover sales rose 5.5%, according to Simba Information, a market research firm, and re...
Fortune: NOW HEAR THISupdated: Mon Apr 11 1988 00:01:00
-- LEONARD RIGGIO, 41, president of B. Dalton, on why he wouldn't respond to Waldenbooks' criticism of his company's TV commercials: ''Rolling in the gutter with a boor would only cause the casual ...
It's school time again, and if you'd like to buy your kids something to read -- get in line. Kiddie lit is on the rise, thanks to baby-boomers' babies. ''Yuppies want to get their kids ready for Ha...
Fortune: Catalogues for saleupdated: Mon Jul 06 1987 00:01:00
Come September, catalogues from Williams-Sonoma, Tiffany & Co., Eddie Bauer, and more than 200 other companies will show up in some 75,000 magazine outlets, including bookstores and newsstands. Sel...
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|