Barnes & Noble to close 30% of stores over 10 years
Barnes & Noble plans to thin its stock of stores over the next 10 years.
The New York-based bookseller’s CEO, Mitchell Klipper, told the Wall Street Journal the company plans to shed about 30 percent of its stores over the next decade.
Targeted stores were not announced, but representatives from the three Barnes & Noble stores in greater Charleston said Monday they had not been notified of any imminent closings.
One employee said she would be surprised if the bookstores in the area closed because they are all high-volume shops.
The closings would occur at a rate of about 20 per year, lowering the current 689 stores to between 450 and 500 after a decade. Its 674 college stores are a separate business.
Read more in upcoming editions of The Post and Courier.
Reach Warren L. Wise at 937-5524 or twitter.com/warrenlancewise.