Barnes & Noble CEO Fired After Just 14 Months
Barnes & Noble has fired CEO Demos Parneros for unspecified “violations of company policies” after just 14 months into a turnaround role, the company announced.
Barnes & Noble has fired CEO Demos Parneros for unspecified “violations of company policies” after just 14 months into a turnaround role, the company announced.
Barnes & Noble is cutting staff, including cashiers, digital leads and others. The staff cuts came after a dismal 2017 holiday season. See what these numbers reveal and how they ran counter to the holiday season in the retail industry.
The same-day delivery sweepstakes certainly seems to be heating up as the summer nears the end. Just this past week, Foot Locker, Macy’s and Bloomingdale’s all announced plans this week to test or roll out same-day delivery.
Aiming for Amazon, Google adds Barnes & Noble to its Google Shopping Express same-day delivery program in Manhattan, San Francisco, West Los Angeles.
The Barnes & Noble retail segment, which includes traditional brick-and-mortar stores and BN.com, released its 2013 holiday sales results which show a 6.6% decline compared to last year.
Barnes & Noble reported a decrease in sales of 8.5% reaching $1.3 billion for its first quarter 2013, compared to last year, according to a press release.
The search term “textbooks” was the top searched keyword for back-to-school, according to a blog post by AdGooroo who decided to examine paid search trends from last summer to predict the 2013 back-to-school retail season.
William Lynch has resigned from his post as Barnes & Noble CEO effective immediately, according to a release issued by the retailers. The company also said that a replacement has yet to be named.