Books

B&N and Borders do well

Lorcan Dempsey

An interesting discussion in today’s NYT about future of book trade.

Investors have certainly warmed to Barnes & Noble, the largest American bookseller, in part because it has adapted in a difficult environment. The company expanded its proprietary publishing unit in 2003 with an acquisition, is rapidly selling its less lucrative bookstores in malls and has capitalized on the growing video game market with its stake in [With Fancy Footwork, Barnes & Noble Surprises the Naysayers]

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