barnes and noble Essay -- essays research papers

Barnes & solemn does business -- big business -- by the book. As the 1 bookseller in the US, it operates about 650 superstores throughout 49 states and the District of Columbia nether the banners Barnes & overlord, parolestop, and Bookstar, as well as about 200 mall stores using the names B. Dalton, Doubleday, and Scribners. The companys GameStop subsidiary is the 1 US video game retail merchant with about 1,500 stores under the names Babbages Etc., GameStop, and FuncoLand. Barnes & Noble owned about 75% of online book seller barnesandnoble.com after purchasing Bertelsmanns care in 2003 Barnes & Noble then purchased all remaining shares and took the company private in may 2004.Barnes & Noble dates bum to 1873 when Charles Barnes went into the used-book business in Wheaton, Illinois. By the turn of the century, he was operating a thriving bookselling operation in Chicago. His son William took oer as president in 1902. William sold his share in the flying in 1917, to C. W. Fo llett, who later built Follett Corp, and moved to refreshful York City, where he bought an interest in established textbook wholesalers Noble & Noble. The company was soon renamed Barnes & Noble. It beginning(a) sold mainly to colleges and libraries, providing textbooks and opening a large Fifth roadway shop. Over the next three decades, Barnes & Noble became one of the leading booksellers in the overbold York region.Freshman Leonard Riggio, who worked at a peeled York University bookstore to help oneself pay for night school. He studied engineering but got the mishandle for bookselling. In 1965, at age 24, he borrowed $5,000 and opened Student Book Exchange NYC, a college bookstore. Beginning in the late 1960s, he expand by buying other college bookstores.In 1971 Riggio paid $1.2 million for the Barnes & Noble store on Fifth Avenue. He soon expanded the store, and in 1974 he began offering jaw-dropping, competitor-maddening discounts of up to 40% for best-sellers. Acquiring Marboro Books five old age later, the company entered the mail-order and publishing business.By 1986 Barnes & Noble had grown to about clxxx outlets, which included 142 college bookstores. Along with Dutch retailer Vendex, that year it bought Dayton Hudsons B. Dalton mall bookstore chain, forming BDB Holding Corp. In 1989 the company acquired the Scribners Bookstores trade name and the Bookstop and Bookstar su... ... the company, including all of the take power of Barnes & Noble College Bookstores, a private textbook seller.The company is revolve off its GameStop subsidiary. In early October GameStop purchased some six million shares back from Barnes & Noble. On November 2 Barnes & Noble distributed the remaining shares it had in GameStop in a dividend to its shareholders.Business electrify, November 3, 2004 Wednesday, 130 PM GMT, 748 language, Barnes & Noble to Open New Store at 30500 nominate Highway 181, Spanish Fort, Alabama New Bookstore Debuts on No Copyright 2004 Bus iness Wire, Inc. Business WireNovember 3, 2004 Wednesday 130 PM GMTDISTRIBUTION Business Editors Community Editors LENGTH 748 words HEADLINE Barnes & Noble to Open New Store at 30500 State Highway 181, Spanish Fort, Alabama New Bookstore Debuts on November 17 DATELINE NEW YORK Nov. 3, 2004 BODYvember 17 , NEW YORK Nov. 3, 20042. Copyright 2004 The New York Times Company The New York TimesSeptember 9, 2004 Thursday late Edition Final SECTION Section E Column 1 The Arts/Cultural Desk Pg. 1 LENGTH 931 words HEADLINE broad Book Retailer Expands Its Publishing Role BYLINE By EDWARD WYATT