Seeking Alpha

College push on the plate at Barnes & Noble

  • Barnes & Noble (BKS +2.8%) CEO says the company wants to have over 1,000 college bookstores in operation within five years. The company runs 696 shops at the moment.
  • The plan also includes a doubling of the number of academic superstores (+30K square feet).
  • In order to hit the 1,000-store mark, B&N will have to convince some larger universities to move away from the independent store model.
Comments (3)
  • J Mintzmyer
    , contributor
    Comments (3659) | Send Message
     
    Great move! They make a killing over here at UMD.
    9 May, 01:24 PM Reply Like
  • wigit5
    , contributor
    Comments (4067) | Send Message
     
    The B&N shops at colleges are much nicer and better run imo too than the independents
    9 May, 01:57 PM Reply Like
  • serndipity
    , contributor
    Comments (193) | Send Message
     
    And for the same reason bank robber, Willie Sutton did rather well at his profession....that's where the money is (e.g. the markups (e.g. margins) are sky high and they get it).
    9 May, 02:18 PM Reply Like
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