Barnes & Noble Inc. has put itself up for sale, struggling amid a changing landscape for book sales.
The nation’s largest bookstore chain announced Tuesday that it was reviewing strategic alternatives and ways to boost shareholder value.
This is all about the money.
Sarah Weinman, who has covered the ongoing tale of Barnes & Noble, has an analysis of the intricacies and politics at work.
This news could not have come at a worse time for Barnes & Noble — right after Amazon’s trifecta of press announcements (eBook sales, the Kindle 3, and Larsson selling one million Kindle books).
People do not want uncertainty when it comes to spending money — especially in these straitened times. Hearing about Barnes & Noble being for sale brings to mind all other companies that were sold and became worse after the process. How many potential sales of the Nook will now be killed by this uncertainty?