Barnes & Noble
American bookseller and retailer
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January 2025 | Barnes & Noble announced plans to re-open a location in downtown Washington D.C. |
2024 | The company opened 60 new store locations. |
July 2024 | The Tattered Cover acquisition was approved by a bankruptcy court. |
June 2024 | Barnes & Noble purchased The Tattered Cover, a Denver-based independent bookstore chain, for $1.83M through its TC Acquisition subsidiary. The deal preserves the current branding, locations, and most employees. |
April 2022 | The New York Times reported that the company used pandemic store closures to refurbish locations, with CEO Daunt credited for improving sales both in-store and online. |
2021 | Barnes & Noble announced a new 10-inch Android-based tablet, the Nook 10" HD, in partnership with Lenovo. |
2021 | Barnes & Noble acquired Paper Source. |
March 2020 | Barnes & Noble temporarily stopped selling magazines and closed 400 of its 620 stores due to the COVID-19 pandemic. Approximately 12 stores were permanently closed following Elliott Advisors' takeover. |
August 7 2019 | Elliott Investment Management acquired Barnes & Noble for approximately $683 million, with James Daunt becoming CEO of both Barnes & Noble and Waterstones. |
2018 | Completed a multi-year community fundraising effort in Fairbanks, Alaska, totaling over $80,000 in donations through book fair fundraising programs. |
October 3 2018 | Barnes & Noble's board of directors announced they would entertain offers to buy the company, causing the stock price to jump by nearly 30%. |
July 2018 | CEO Demos Parneros was fired for unspecified company policy violations, later revealed to involve sexual harassment claims. |
February 2018 | Barnes & Noble permanently laid off 1,800 full-time employees, reducing annual costs by $40 million. |
2017 | Barnes & Noble opened its first four concept stores in Scarsdale, New York; Edina, Minnesota; Plano, Texas; and Folsom, California, with the goal of reviving sales growth. |
April 2017 | Demos Parneros was named Barnes & Noble's Chief Executive Officer after previously serving as Chief Operating Officer since November 2016. |
2016 | Barnes & Noble announced plans to open four innovative concept stores in 2017 with expanded cafés featuring wine and beer, full-service restaurants, and a complete menu for breakfast, lunch, and dinner. |
March 2016 | Barnes & Noble announced the closure of the Nook App Store and Nook Video, and closed the Nook Store in the UK on March 15. |
2015 | Barnes & Noble's Fairbanks, Alaska location began a community giving program, ultimately donating over $80,000 to local community organizations through book fair fundraising programs by 2018. |
2014 | Barnes & Noble closed its original flagship store and announced the separation of its Nook Media division from its retail store division. |
December 2014 | Barnes & Noble bought back Microsoft's stake in Nook, ending their partnership. |
October 2014 | Samsung and Barnes & Noble released the Samsung Galaxy Tab 4 Nook 10.1. |
August 2014 | Samsung and Barnes & Noble introduced the Samsung Galaxy Tab 4 Nook 7.0. |
June 2014 | Barnes & Noble announced a partnership with Samsung Electronics to make Nook tablets. |
November 2012 | Technology publications Mashable and Techdirt criticized Nook's ebook license agreement regarding re-download rights. |
April 30 2012 | Microsoft invested $300 million for a 17.6% stake in Nook, valuing the business at about $1.7 billion. |
2011 | Barnes & Noble became the last remaining national bookstore chain in the United States after the bankruptcy and closure of its chief competitor, Borders. |
2010 | William Lynch was named CEO, credited with launching the company's electronic book store and introducing the Nook e-reader. |
2010 | Stephen Riggio steps down from his position as CEO. |
June 21 2010 | Barnes & Noble reduced the Nook's price to $199 and launched a Wi-Fi-only model for $149, also releasing a Nook with a color touchscreen for $249. |
January 2010 | The last B. Dalton stores ceased operations, marking the end of the bookstore chain acquired by Barnes & Noble in 1986. |
This contents of the box above is based on material from the Wikipedia article Barnes & Noble, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.