Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.[5]
Barnes & Noble operates mainly through its Barnes & Noble Booksellers chain of bookstores. The company's headquarters are at 33 E. 17th Street on Union Square in New York City.[6]
As a result of a series of mergers and bankruptcies in the American bookstore industry since the 1990s (notably the liquidation of their main competitor Borders), Barnes & Noble has become the United States' largest bookstore chain and the only national chain.[7][8] Previously, Barnes & Noble operated the chain of small B. Dalton Bookseller stores in malls until they announced the liquidation of the chain in 2010. The company was also one of the nation's largest manager of college textbook stores located on or near many college campuses when that division was spun off as a separate public company called Barnes & Noble Education in 2015.
The company is known by its customers for large retail outlets, many of which contain a café serving Starbucks coffee and other consumables. Most stores sell books, magazines, newspapers, DVDs, graphic novels, gifts, games, toys, music, and Nook e-readers and tablets. The company offers publishing and self-publishing services.
History
19th century: foundations
The company's official history shows the company being founded in 1873, when Charles M. Barnes founded a book business in Wheaton, Illinois. In 1917, Barnes son, William, joined G. Clifford Noble in establishing Barnes & Noble.[9]
A major part of what would become Barnes & Noble was founded in 1886 as a bookstore called Arthur Hinds & Company,[10] located at 4 Cooper Institute in the Cooper Union Building in New York City.[11][12][13] In the fall of 1886, Gilbert Clifford Noble from Westfield, Massachusetts, who had graduated from Harvard College earlier that year,
Publishing
Barnes & Noble maintained a separate publishing business in addition to its retail stores and other entities.[69] Barnes & Noble's publishing company got its start by reissuing inexpensive versions of out-of-print books, and made a push to expand the unit in 2003. The company saw success the following year; in September 2004, its book, Hippie, reached The New York Times Best Seller list.[82]
Barnes & Noble often published and sold books at a lower cost than competitors, and sold lines of inexpensive books like Barnes & Noble Classics[82] and the leather-bound Barnes & Noble Collectible Classics collection which it had published since 1992. In addition, the company had a second paperback series called the Barnes & Noble Library of Essential Reading.[83] Barnes & Noble's edition of The Gentle Art of Verbal Self-Defense by Suzette Haden Elgin, sold over 250,000 copies, and its reissued edition of The Columbia History of the World by John Garrity, sold over 1 million copies.[84]
Food service in retail stores
In 1993, Barnes & Noble signed an agreement to serve Starbucks coffee in each of its existing and future cafes.[91][92] In 2004, Barnes & Noble began offering Wi-Fi in the café area of selected stores, using SBC FreedomLink (now the AT&T Wi-Fi network). All stores offered Wi-Fi as of 2006 and as of July 27, 2009, Wi-Fi is offered for free to all customers.[93]
In 2016, Barnes & Noble announced plans to open four concept stores in 2017 that featured cafés twice the size of its usual food spots, as well as bars offering wine and beer. Restaurants would also include a waitstaff and a full menu for breakfast, lunch, and dinner. The restaurants were expected to revive sales growth. Company executives planned to open additional concept stores if sales met expectations.[94] The first stores were opened in Scarsdale, New York; Edina, Minnesota; Plano, Texas; and Folsom, California.[95]
Community involvement
Barnes & Noble hires community business development managers to engage in community outreach.[96][97] The Barnes & Noble located in Fairbanks, Alaska gave over $80,000 to the community between 2015 and 2018 through book fair fundraising programs.[96] To promote nationwide literacy among 1st through 6th graders and encourage more reading and learning during the summer, Barnes & Noble has implemented a summer challenge.[98][99][100]
The Barnes & Noble Review
The Barnes & Noble Review was an online magazine, hosted on Barnes & Noble's website, that published evaluations of both fiction and nonfiction works, along with essays, interviews, and pieces on other topics. It was launched in October 2007 by Barnes & Noble CEO Steve Riggio and James Mustich Jr., publisher of the book catalog A Common Reader. Regular contributors to the magazine have included book critics Michael Dirda, Brooke Allen, Laura Miller, and Adam Kirsch, as well as prominent writers in fields outside of literary criticism, such as political journalists Chris Hayes and Ezra Klein, philosopher A. C. Grayling, music critic Robert Christgau, and cartoonist Ward Sutton. Miller, who has written for Salon and Mustich's Common Reader, said, "The reviews [at BNR] are the same as anywhere else", adding that the tone and length of the pieces evoke The New York Times Book Review rather than the less formal Salon. The magazine's web traffic flourished during its first few years. According to Compete.com, it amassed 50,000 unique visitors in December 2009.[101]
Some critics were originally skeptical of The Barnes & Noble Review. Art Winslow, former literary editor of The Nation, said that because Barnes & Noble is a
Barnes & Noble Nook
Barnes & Noble Nook (styled NOOK) is a suite of e-book readers developed by the company,[102] based on the Android platform. The first device was announced in the United States on October 20, 2009, and was released November 30, 2009, for $259.[103] On June 21, 2010, Barnes & Noble reduced the Nook's price to $199, as well as launched a new Wi-Fi-only model, for $149, and released a Nook colored touch screen for $249.[104]
The Nook competes with the Amazon Kindle, Kobo eReader, and other e-reader offerings and color tablets with reading apps, such as Apple's iBooks for iOS devices. Various Nook models feature a 6-inch, 7-inch, or larger touchscreen.[105] Version 1.3 of the Nook introduced Wi-Fi connectivity, a web browser, a dictionary, chess, and sudoku games, and a separate, smaller color touchscreen that serves as the primary input device.
College bookstores spin-off
Barnes & Noble formerly had a subsidiary, Barnes & Noble College Booksellers, that specialized in operating campus bookstores at colleges and university. While these stores also sell standard Barnes & Noble products, they are specifically dedicated to textbook sales. In 2015, the college operations were spun off into a new separate company, Barnes & Noble Education, now doing business as BNED.[117]
See also
- Book magazine, which Barnes & Noble partnered for thirty-one issues through to the end of 2003, and its demise
- Book Stacks Unlimited
- List of book distributors
- List of bookstore chains
- List of group-0 ISBN publisher codes
Further reading
- Archived at Ghostarchive and the Wayback Machine:
- Barnes & Noble is splitting up its businesses (again)
External links
References
- Alexandra Alter, Tiffany Hsu. Barnes & Noble Is Sold to Hedge Fund After a Tumultuous Year The New York Times, June 7, 2019, retrieved September 8, 2019^
- Barnes & Noble Founder Retires, Leaving His Imprint On Bookstore's History Weekend Edition Saturday, NPR, May 7, 2016, retrieved September 8, 2019^
- With stores closed, Barnes & Noble does some redecorating