Barnes & Noble
American book retailer / From Wikipedia, the free encyclopedia
Barnes & Noble, Inc. is the largest bookseller in the United States.[4] It operates mostly through its Barnes & Noble Booksellers chain of bookstores which is based in lower Fifth Avenue in Lower Manhattan, New York City.[5] Barnes & Noble also operated the chain of small B. Dalton Booksellers stores in malls until they announced the liquidation of the chain.
Company type | Public (NYSE: BKS) |
---|---|
Industry | Retail (Specialty) |
Predecessor | Arthur Hinds and Company |
Founded | Wheaton, Illinois, U.S. (1873 as a printing business) New York City, New York, U.S. (1917 first bookstore opened) |
Founder | Charles Barnes William Barnes G. Clifford Noble |
Headquarters | , U.S. |
Number of locations | 777 stores at 2009-05-21 |
Key people | Leonard Riggio, Chairman William Lynch, CEO Steve Riggio, Vice Chair Mitchell S. Klipper, CEO, Retail |
Products | Barnes & Noble Booksellers B. Dalton Scribner's Bookstores Bookstop Doubleday Bookstores Sterling Publishing Co. SparkNotes |
Revenue | US$5.12 Billion (FY 2009)[1] |
US$143 Million (FY 2009)[1] | |
US$75.9 Million (FY 2009)[1] | |
Total assets | US$2.99 Billion (FY 2009)[2] |
Total equity | US$922 Million (FY 2009)[2] |
Number of employees | 40,000 (2008)[3] |
Website | www.bn.com (consumer site) www.barnesandnobleinc.com (corporate site) |
The company is known for large, upscale retail stores. Many of them contain a café serving Starbucks Coffee. Most stores also sell magazines, newspapers, DVDs, graphic novels, gifts, games, and music. Video games and related items were sold in the company's GameStop retail outlets until October 2004. Then, the division was made into its own company.
As of October 2009, the company operates 777 stores in all 50 U.S. states and the District of Columbia. It also has 636 college bookstores, which serves nearly 4 million students and 250,000 faculty members across the country.[6]