<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>paidContent &#187; Marshall Klipper</title>
	<atom:link href="http://paidcontent.org/tag/marshall-klipper/feed/" rel="self" type="application/rss+xml" />
	<link>http://paidcontent.org</link>
	<description>The economics of digital content</description>
	<lastBuildDate>Sun, 19 May 2013 02:05:35 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='paidcontent.org' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://0.gravatar.com/blavatar/89ee7e1250b4095eefb87d28e6e64947?s=96&#038;d=http%3A%2F%2Fs2.wp.com%2Fi%2Fbuttonw-com.png</url>
		<title>paidContent &#187; Marshall Klipper</title>
		<link>http://paidcontent.org</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://paidcontent.org/osd.xml" title="paidContent" />
	<atom:link rel='hub' href='http://paidcontent.org/?pushpress=hub'/>
		<item>
		<title>Barnes &amp; Noble will close up to a third of its stores over the next decade</title>
		<link>http://paidcontent.org/2013/01/28/barnes-noble-will-close-up-to-a-third-of-its-stores-over-the-next-decade/</link>
		<comments>http://paidcontent.org/2013/01/28/barnes-noble-will-close-up-to-a-third-of-its-stores-over-the-next-decade/#comments</comments>
		<pubDate>Mon, 28 Jan 2013 13:50:30 +0000</pubDate>
		<dc:creator>Laura Hazard Owen</dc:creator>
				<category><![CDATA[bookstores]]></category>
		<category><![CDATA[e-readers]]></category>
		<category><![CDATA[Marshall Klipper]]></category>
		<category><![CDATA[retail stores]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=223788</guid>
		<description><![CDATA[Barnes &#38; Noble plans to close about 20 retail stores a year over the next ten years -- meaning it would have 450 to 500 stores in the next decade, down from 689 stores today.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=223788&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Barnes &amp; Noble plans to close about twenty retail stores a year over the next ten years, the company&#8217;s retail CEO Marshall Klipper <a href="http://online.wsj.com/article/SB10001424127887323854904578264400822084708.html">told the <em>Wall Street Journal</em></a>. Today, there are 689 Barnes &amp; Noble stores nationwide, plus 674 college stores.</p>
<p>The WSJ notes that &#8220;the chain shut an average of about 15 stores a year in the past decade, but until 2009 it also was opening 30 or more a year,&#8221; with a peak of 726 stores in 2008. Klipper may have chosen to talk to the WSJ to show investors that the company has a plan. He said that fewer than 20 of the chain&#8217;s retail stores are unprofitable, and &#8220;we&#8217;re going to be around a long time&#8221; because consumers read both print and ebooks (this is a point that the company has been pressing for awhile, based on its own research).<i><br />
</i></p>
<p>Barnes &amp; Noble spokeswoman Mary Ellen Keating noticed that the chain&#8217;s store closure plan hasn&#8217;t changed and said, &#8220;It should be noted that in 2012, Barnes &amp; Noble opened two new prototype stores and in 2013 plans to test several other prototypes, as well. Barnes &amp; Noble has great real estate in prime locations and the company’s management is fully committed to the retail concept for the long term.&#8221;</p>
<p>Barnes &amp; Noble is threatened by the shift to online book shopping at Amazon. The company has rolled out a host of Nook e-readers and tablets that face stiff competition in a market dominated by Kindle e-readers and saturated with cheap tablets from Amazon, Google, Apple and others. Barnes &amp; Noble <a href="http://paidcontent.org/2013/01/03/barnes-nobles-bad-holiday-nook-store-and-bn-com-sales-down/">just delivered a terrible holiday earnings report</a>, showing Nook, BN.com and retail sales all down, with a particularly large decline in Nook device sales. The company <a href="http://gigaom.com/2012/10/04/barnes-noble-and-microsoft-finalize-partnership-creating-nook-media/">plans to spin off the Nook and college stores</a> into a separate unit called Nook Media, with Microsoft and Pearson both holding stakes.</p>
<p>When Borders, then the nation&#8217;s second-largest bookstore chain, <a href="http://paidcontent.org/2011/07/21/419-borders-downfall-and-whats-next-an-faq/">went bankrupt and liquidated all its stores in 2011</a>, it seemed as if it could be good news for Barnes &amp; Noble, which would have a chance to grab former Borders customers. But <a href="http://paidcontent.org/2013/01/17/why-online-book-discovery-is-broken-and-how-to-fix-it/">it appears that</a> former Borders customers largely switched their book buying over to Amazon.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=223788&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=396430"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=396430" /></a></p>]]></content:encoded>
			<wfw:commentRss>http://paidcontent.org/2013/01/28/barnes-noble-will-close-up-to-a-third-of-its-stores-over-the-next-decade/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
		<media:thumbnail url="http://gigaompaidcontent.files.wordpress.com/2012/02/nook-digital-shop-o.jpg?w=150" />
		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/02/nook-digital-shop-o.jpg?w=150" medium="image">
			<media:title type="html">Nook Digital Shop</media:title>
		</media:content>

		<media:content url="http://2.gravatar.com/avatar/83965de6c2033ee5ab075123394cec0a?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">laurahowen38</media:title>
		</media:content>
	</item>
	</channel>
</rss>
