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Retail / Nook Splitting Up

Hi everybody!
My name is ffatback and I'm here to prompt some healthy discussion. As you may know, Barnes & Noble has recently announced that they are "...mak(ing) Nook Media a separate public company housing both Barnes & Noble's Nook e-book and e-reader business as well as its college stores." What do you think they plan to do with the retail stores? Is this a good or a bad thing for us booksellers?

Comments

( 34 comments — Leave a comment )
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(Anonymous)
Jul. 3rd, 2014 12:08 pm (UTC)
Fat-smithback
They will grind us up and use us for chum. No need for retail stores anymore right? We are just the only part of the business making a profit, right?
(Anonymous)
Jul. 3rd, 2014 02:11 pm (UTC)
Retail death
They are spinning off retail so they can wind it down without adversely effecting digital, on-line or college. Retail is declining year over year, which is a HUGE negative. They are also saddled with horrible leases on their HUGE buildings. Spinning off retail will also increase the operating overhead, as they will now have to pay the other company for services.

All in all, it is a strategy to separate to declining business so that it can be closed.
(Anonymous)
Oct. 30th, 2014 02:43 am (UTC)
Re: Retail death
you have this EXACTLY backwards. NOOK is hemorrhaging money from the profitable retail stores, so the retail stores are shedding NOOK so it will stop being a drag on earnings. the NOOK is limping along at best. the stores are still very profitable, and B&N is the sole surviving national chain.
(Anonymous)
Jul. 3rd, 2014 03:24 pm (UTC)
I love ebooks & tablets but??
I love reading ebooks on my tablet. That being said it doesn't look good for booksellers because if everyone downloads ebooks directly they won't need us around. I predict paper books will one day be like typewriters that we now see in antique stores. Yeah they are still around but how many people are still employed by typewriter companies. It will take awhile and no one knows when the last store will close but we all know deep down this company won't last forever. All of us need to be looking at plan B as we enjoy our last few years working at Barnes & Noble.

Take some pictures. At least we will have the memories.
(Anonymous)
Jul. 5th, 2014 06:59 am (UTC)
Re: I love ebooks & tablets but??
Check out "Future Files" by Watson. He posits that physical books will transition to functioning exclusively as collectible/decorative items. Similar to our BG leatherbound classics. So, he thinks they'll still exist but they'll actually become a rare item (which may end up making them more valuable; or, perhaps, publishers will produce more exclusive versions - books that come with velvet-lined slip covers, or use cotton paper (which can last well over a hundred years without fading,) etc. to MAKE them more expensive and rare.) What I find interesting, ultimately, is that it seems as if books may very well return to the status they had back in the Ancient world and Middle Ages... and, ironically, it will be called progress.
(Anonymous)
Jul. 3rd, 2014 03:30 pm (UTC)
Join us! Tell other co-workers about the Facebook group.
Barnes & Noble Booksellers on Facebook.  Join us!

www.facebook.com/groups/2204987203/I
(Anonymous)
Jul. 3rd, 2014 04:48 pm (UTC)
Re: Join us! Tell other co-workers about the Facebook group.
No
Re: Join us! Tell other co-workers about the Facebook group. - (Anonymous) - Jul. 3rd, 2014 09:39 pm (UTC) - Expand
Re: Join us! Tell other co-workers about the Facebook group. - (Anonymous) - Jul. 28th, 2014 12:54 am (UTC) - Expand
(Anonymous)
Jul. 3rd, 2014 03:45 pm (UTC)
Store closings
Remember what they did to B. Dalton division. They kept on closing stores until they finally had all leases expiring at the same time. Then they closed them all!!!

B&N upper management has store closings down to a science! They are doing the same thing to the B&Ns.
(Anonymous)
Jul. 3rd, 2014 11:56 pm (UTC)
Re: Store closings
You mean the same people that shuttered Dalton are running B&N. We are fucked!
(Anonymous)
Jul. 4th, 2014 07:59 am (UTC)
First they are going to cut your hours, then they are going to cut your location, then they are going to cut your mom.

Believe me, I've been in the meeting. Your mom is toast.
(Anonymous)
Jul. 4th, 2014 07:59 am (UTC)
Краткий принцип заправки картриджа
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Кажется, все просто? Но ведь производители заинтересованы в продаже новых расходных материалов и делают их неразборными, одноразовыми, усложняя конструкцию. Хотя в интернете огромное количество инструкций и советов, неопытный человек вряд-ли сможет это сделать с первого раза.
(Anonymous)
Jul. 28th, 2014 12:55 am (UTC)
Re: Краткий принцип заправки картриджа
Go back to your country!!!
(Anonymous)
Jul. 4th, 2014 09:57 am (UTC)
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(Anonymous)
Jul. 4th, 2014 12:48 pm (UTC)
shame on them
In my store, seven long time workers are not only having their hours cut again, they are also being stripped of their bnefits. Shame on you, Barnes and Noble upper management.All that matters is profit.What you have done is callous and bordering on the immoral.
(Anonymous)
Jul. 6th, 2014 04:31 am (UTC)
Re: shame on them
It's been almost a year since the long time workers at my old B&N lost their benefits. I was one of them, after 11 years of working for them. Quite a few stores had it happen even earlier than that. Your coworkers are lucky their benefits have lasted this long.
Re: shame on them - (Anonymous) - Jul. 7th, 2014 06:08 am (UTC) - Expand
(Anonymous)
Jul. 6th, 2014 03:22 pm (UTC)
Start a union.
http://bn-booksellers.livejournal.com/
http://forrespect.org/ (Our Wal-mart)
https://twitter.com/ForRespect (Our Wal-mart twitter)
http://www.aflcio.org/Learn-About-Unions/How-to-Join-or-Form-a-Union/Four-Steps-to-Get-You-Started (How to start a union)
www.aflcio.org
www.glassdoor.com
www.unionplus.org
www.unions.org
http://www.globalresearch.ca/workers-rights-in-america-how-to-start-a-union-in-ten-steps
http://www.unions.org/union-benefits/articles/how-to-start-a-union.html
http://www.wikihow.com/Create-a-Union-at-Work
(Anonymous)
Jul. 28th, 2014 12:56 am (UTC)
Re: Start a union.
commie trash
(Anonymous)
Jul. 6th, 2014 03:23 pm (UTC)
If you want to keep your job tips:

Never call we listen it's a trap set up by corporate, always be looking for a better job but tell no one, don't gossip or complain on the job, be productive & stop worrying about what you can't control, don't trust anyone that works here, stay in school & get that degree, avoid conversations with DM's they can't be trusted, if hours are cut file for unemployment, save & invest some money, never show anger or stress on the job & always try to look happy, keep to yourself & avoid workplace drama, do whatever management wants & don't rock the boat, give no ideas or suggestions on how to improve anything, know that you max out on raises and will eventually stop getting raises, the longer you work here the more management wants you gone, if hours are reduced look at temp companies to make some money, file for food stamps if hours are reduced, ignore & avoid bad employees that create drama, laugh & have fun this company won't be around forever.
(Anonymous)
Jul. 7th, 2014 08:38 am (UTC)
Re: If you want to keep your job tips:
-I encourage everyone to encourage everyone else to do something!
(Anonymous)
Jul. 6th, 2014 03:25 pm (UTC)
A request from the administrator.

-Please share the link to this livejournal page on the Barnes & Noble employee group on Facebook.

-I encourage all of you to post at least one question per week on here.

-Please share this livejournal group with management & other co-workers.

-I ask you to email this group to WELISTEN, corporate management & all district managers.

-I encourage everyone to create other employee blogs & social media sites pertaining to work life at Barnes & Noble.

-I encourage all to ignore trolls and create comments & questions that keep this employee blog going.
(Anonymous)
Jul. 6th, 2014 07:40 pm (UTC)
Re: A request from the administrator.
you do it
The Moderators are keeping on eye on you. - (Anonymous) - Jul. 7th, 2014 06:09 am (UTC) - Expand
Re: A request from the administrator. - (Anonymous) - Jul. 7th, 2014 09:40 am (UTC) - Expand
(Anonymous)
Jul. 17th, 2014 08:10 pm (UTC)
Article about this live journal blog.
Article about Barnes & Noble Employee Live Journal Blog.

www.teleread.com/chris-meadows/barnes-noble-bookseller-livejournal-community-offers-candid-depressing-look-behind-the-scenes-at-bn-stores/
(Anonymous)
Jul. 18th, 2014 12:10 am (UTC)
Retail/Nook Splitting Up
ain't it the truth.....
(Anonymous)
Aug. 5th, 2014 06:54 am (UTC)
brick and mortar stores
I'm not sure. They need to change how things are run in each store.

Everyone here is a fiction e-book on amazon about working in retail. It is called "Beneath the Dust Jacket".
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( 34 comments — Leave a comment )