Word: barneses
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SY: After we sold SparkNotes to Barnes and Noble, we were like, well, the model of taking a product that exists that people pay for, and making it free and making it better, is a real powerful combo. So we thought ‘What other verticals can we enter...
Borders The story of the problems at the country's second largest book retailer is a grim tale. Even before the economic downturn, Borders didn't shine. "Their real estate was suboptimal in some markets, they were overexposed to music and movies, and they tried to go international, which didn...
The company switched CEOs this month, hiring Ron Marshall, a turnaround specialist and former Barnes & Noble executive. "Borders remains one of the nation's strongest brands with millions of loyal customers who love our stores," says company spokeswoman Anne Roman. "Our new leadership recognizes our challenges, admits that we have...
That was in 2007. By 2008 people were reading Still Alice. Not a lot of people, but a few, and those few were liking it. Genova wound up getting an agent after all--and an offer from Simon & Schuster of just over half a million dollars. Borders and Target chose...
Fast-forward to the early 21st century: the publishing industry is in distress. Publishing houses--among them Simon & Schuster, Macmillan, HarperCollins, Doubleday and Houghton Mifflin Harcourt--are laying off staff left and right. Random House is in the midst of a drastic reorganization. Salaries are frozen across the industry. Whispers...