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Barnes & Noble Inc Plans To Reduce Outlets-Reuters


Monday, 28 Jan 2013 12:26am EST 

Reuters reported that Barnes & Noble Inc expects to shut down as many as a third of its retail stores over the next decade, Mitchell Klipper, Chief Executive of the Company's retail group, told the Wall Street Journal in an interview. 'In 10 years we'll have 450 to 500 stores,' Klipper told the Journal. The Company had 689 retail stores as of January 23, 2013 along with a separate chain of 674 college stores. 

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