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Wednesday, Jan 30
If Barnes & Noble (BKS -0.1%) can stay small and local its bookstore business just might...
If Barnes & Noble (BKS -0.1%) can stay small and local its bookstore business just might have a chance to survive. Despite all the headlines about the death of the physical book industry, The American Booksellers Association reports that it actually grew the numbers of independent bookstores it had as members from 1,524 in 2008 to 1,567 in 2012 with demand reaching a resistance point. The key for B&N is to trim its physical footprint to the point where profitability can be maximized.