Content about Nook

March 22, 2013
Barnes & Noble in Nook Simple Touch e-reader giveaway

Barnes & Noble announced that it would give away a free Nook Simple Touch e-reader, which retails for $79, to any customer who buys its high-definition Nook HD+ tablet between March 24 and March 31.

New York -- Barnes & Noble announced on Friday that it would give away a free Nook Simple Touch e-reader, which retails for $79, to any customer who buys its high-definition Nook HD+ tablet between March 24 and March 31.

The offer is available at all Barnes & Noble stores, Barnes & Noble College Bookstores and online. It also is being offered through other retailers that sell Nook products, including Walmart.com, Target and Best Buy.
 

February 28, 2013
Barnes & Noble swings to Q4 loss on sharp decline in Nook e-book sales

Barnes & Noble reported a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.

New York -- Barnes & Noble reported on Thursday a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.
 
The company posted a loss of $6.1 million quarter through Jan. 26, compared to a profit of $52 million in the year-ago period. The retailer blamed the loss partially on charges stemming from weaker-than-expected sales of Nook e-readers during the holiday shopping season.
   
Revenue fell 9% to $2.22 billion. Analysts had predicted sales of $2.4 billion.

February 25, 2013
Founder of Barnes & Noble to bid for chain’s retail assets

Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business.

New York -- Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business. Riggio is Barnes & Noble’s largest shareholder, owning nearly 30% of the company.

The offer would not include Nook Media, Barnes & Noble’s e-book division.

Barnes & Noble said in a statement that it had formed a special board committee of three directors to consider Riggio’s proposal. There is set timetable for the process.

August 28, 2012
Barnes & Noble in deal with U.K.’s John Lewis

Barnes & Noble announced that it will enter into a partnership with British retailer John Lewis to offer its Nook electronic readers in the United Kingdom.

New York -- Barnes & Noble announced that it will enter into a partnership with British retailer John Lewis to offer its Nook electronic readers in the United Kingdom.

John Lewis is the first Nook partner for Barnes & Noble outside the United States.

“John Lewis is where knowledgeable customers turn for trusted advice on the best products to purchase, and they are a perfect partner to help launch Nook in the U.K.,” said Jamie Iannone, president of digital products at Barnes & Noble.
 

January 5, 2012
Barnes & Noble considers spinning off Nook business

Barnes & Noble said that it is beginning “strategic exploratory work” to separate the Nook division in an effort to help the emerging business grow.

New York City -- Barnes & Noble said Thursday that it is beginning “strategic exploratory work” to separate the Nook division in an effort to help the emerging business grow.

“We see substantial value in what we’ve built with our Nook business in only two years, and we believe it’s the right time to investigate our options to unlock that value,” said William Lynch, CEO, Barnes & Noble.