Barnes Noble, Inc. Essay - 3301 Words

Barnes Noble, Inc. (BN) is a Fortune 500 company, the world’s largest bookseller and the nation’s highest-rated bookselling brand. In the early 1960s, Leonard Roggio acquired a traditional bookstore owned by Charles Barnes in New York and transformed it into the biggest bookstore in the U.S. today. The company is currently made up of three segments - retail, college bookstore and e-reader. According to BN.com, the company runs approximately 1,300 bookstores, including 605 retail bookstores in 50 states along with more than 700 BN College bookstores (BN, 2014). As a result of the dramatic changes in the retail bookselling industry, Barnes Noble has shifted from a traditional brick-and-mortar bookstore to a multi-channel retailer. The company has established an online channel through BN.com offering more than one million book titles. Between its retail stores and online operations, Barnes Noble sells around 200 million physical books per year. In addition, BN launched NOOK, a brand of e-reading products designed to give the company a substantial foothold in the e-book market as well as NOOK store, an expansive database of over four million digital books. Definition of the Book Stores Industry According to IBIS World, the bookstore industry mainly carries a wide variety of books, newspapers and journals including trade books, textbooks, magazines, hard and soft covers and religious books. Merchandise is acquired from both domestic and international manufacturersShow MoreRelated barnes and noble Essay1006 Words   |  5 Pages Barnes amp; Noble does business -- big business -- by the book. As the #1 bookseller in the US, it operates about 650 superstores throughout 49 states and the District of Columbia under the banners Barnes amp; Noble, Bookstop, and Bookstar, as well as about 200 mall stores using the names B. Dalton, Doubleday, and Scribners. The companys GameStop subsidiary is the #1 US video game retailer with about 1,500 stores under the names Babbages Etc., GameStop, and FuncoLand. Barnes amp; Noble ownedRead MoreBarnes Noble - Business Analysis1191 Words   |  5 Pages [pic] 1. Value Proposition Barnes Noble, Inc. operates as a content, commerce, and technology company in the United States. It provides access to books, magazines, newspapers, and other content through its multi-channel distribution platform. The company sells its products directly to customers through its bookstores and on barnesandnoble.com. Barnes Noble conducts its online business through Barnes Noble.com, one of the Web’s largest e-commerce sites, whichRead MoreBarnes and Noble Case Study7050 Words   |  29 PagesManagement Project 10th of december 2010 History In 1873, Charles Barnes opened a book-printing business in the USA. The first bookstore was set up by his son, William, in partnership with G. Clifford Noble, in 1917 in New York and it is the advent of Barnes and Noble. In 1932, at the height of the Great Depression, the bookstore was moved to its current location on Fifth Avenue. Barnes amp; Noble was acquired by Leonard Riggio in 1971, who oversaw the growth of the business. LeonardRead MoreeBusiness Model: Amazon.com1342 Words   |  6 PagesFurthermore, online commerce has saved time and money for consumers, so Amazon made the right business decision to pursue this window of opportunity. Next, Amazon is more competitive than any other online bookstore such as Barnes and Noble and Borders. After browsing the Barnes and Noble and Border websites and reading their reviews, I feel that Amazon ranks high in content, professionalism, effectiveness, and functionality as shown in Table 1. Amazon has a diverse collection of products, its customerRead MoreFacebook Communication Strategies Between Amazon And Barnes1365 Words   |  6 Pages Comparison Report – Facebook communication strategies between Amazon and Barnes Nobles Johnny R. Polanco DeVry University MGMT-550 Managerial Communication January 25, 2015 Facebook communication strategies between Amazon and Barnes Nobles The scope of this project is to analyze similar or comparable organizations like Amazon and Barnes Noble, and compare their communication strategies on Facebook. The gathered and analyzed information will explain and helpRead MoreA Complete Financial Analysis Of Amazon.com1302 Words   |  6 Pagesand singers, the rights to sell and publish their works (Amazon.com Inc Company Profile). Amazon’s return on assets has increased between 2012 and 2013. However, from 2013 to 2014 the return on assets has decreased greatly (Growth, Profitability, and Financial Ratios for Amazon). Currently the company’s return on assets is -0.51. The company’s Current Ratio is 1.12. Its quick ratio is 0.82 and its cash ratio is 0.62 (Amazon.com Inc MarketWatch). Amazon.com is in the Internet industry. Financial AnalysisRead MoreStarbucks : The Leading Coffee House1111 Words   |  5 Pagesoccurred in 1993, when Starbucks formed a strategic alliance with Barnes and Noble bookstores to become their in house coffee house (Isidro, 2004). The two companies recognized that books and coffee were a natural fit. Barnes and Noble had already initiated a plan to convert its superstores into hubs of community life, and determined a type of cafà © was needed to produce a more tempting ambiance for its patrons. Barnes and Noble, Inc., a Fortune 500 corporation, manages 647 retail stores throughoutRead MoreBarnes Noble: The Book Store Chain Essay988 Words   |  4 Pagesshutting down their operations and only a few are still operating in the country. Barnes and Noble has become the largest bookseller in the book retailers industry. The firm has integrated its business philosophy into web presence though eBook marketplace. This business strategy assisted the firm to be able to reach a la rge scale customers and remain as a strongest competitor in the book retailing market. Barnes Noble was successful on releasing the NOOK tablets, which responsible for major contributionRead MoreTaking a Look at Barnes Noble1094 Words   |  5 Pagesshutting down their operations and only a few are still operating in the country. Barnes and Noble has become the largest bookseller in the book retailers industry (1). The firm has integrated its business philosophy into web presence though eBook marketplace. This business strategy assisted the firm to be able to reach a large scale customers and remain as a strongest competitor in the book retailing market. Barnes Noble was successful on releasing the NOOK tablets, which responsible for major contributionRead MoreStrategic and Financial Planning1045 Words   |  5 Pageswill incur, possible profits from sales, and what kind of risk they will encounter. Strategic Planning Initiative – Barnes and Noble and the NOOK Over time technical innovations have changed the way of life for millions. These breakthroughs continue to surface and understanding these technologies and how to properly utilize them is essential in the business world. Barnes and Noble is a business that has embraced these changing times and is proving their ability to keep up. The NOOK is a digital reading