Barnes & Noble Losing Money, Casts Off Color Nooks
This past June, Barnes & Noble released its financial report for the fiscal year, and things are not looking particularly bright and sunny for the national book chain. The bookseller reported a net loss of $154.8 million, more than double last year’s net loss. Total sales fell 4.1 percent to $6.84 billion. Although Barnes & Noble’s mainstays such as print books, toys and games have [...]