I honestly don't think they bought us just to bankrupt and liquidate us. Am I the only one who feels this way?
Elliott owns Waterstones, buying BN
Read up my friends. This company’s booksellers give company poor reviews in England. Booksellers ( other than mgrs) make minimum wage. Petition to corporate to make a livable wage, by booksellers, 2 months ago, has fallen on deaf ears. From the BN... — read more
BN Sold
https://www.cnbc.com/2019/06/07/elliott-management-to-acquire-barnes-noble-for-683-million.html Maybe things will change.
When you can't sell, try, try, try again.
God knows what anyone sees in this company but here we go again. Elliott Management reportedly in lead to acquire bookseller Barnes & Noble Elliott Management is the lead bidder to acquire bookseller Barnes & Noble in a deal that could be announced... — read more
"Liquidation" Process
B&N is bringing back "bargain" books to many stores and increasing the quantities in other stores. The liquidation process begins and you know what that means.
Gloom in June: Next wave of Layoffs....
Get ready.... And the "severance" ship has long sailed.
The kind of Employee BN chooses to have, today.
On Barnes & Nobles Facebook, Visitors Posts: “Hey B&N, there's a reason you're going bankrupt. Just complained to a manager at your Northeast Mall location in Hurst, TX after an employee was extremely rude to my 11 y.o. She went to customer service... — read more
INTERNAL SECRET SHOPPERS, let's make B&N even more fun!!
So now the company is doing its own secret shopping to weed out people who can't perform in a short-staffed, miserable environment. And to go after long-term employees who are making too much money. Good luck with your scores and finding a new job!
THE B&N RATINGS KEEP COMING and they're not very good
Make your voice known and keep writing your REVIEWS on career sites like INDEED.com, CAREERBUILDER.com, Monster.com, Ziprecruiter.com, Glassdoor.com. Here a few new ones: Dont Bother Bookseller/Customer Service (Former Employee) – Huntington Beach... — read more
Hoping the end is near for BN
https://audreyii-fic.tumblr.com/post/170886347853/the-entirely-unnecessary-demise-of-barnes-noble
Your best option is to leave
Day to day changes in the stock price mean nothing. Whether or not some stores are doing better year over year mean nothing. The only important thing is if BN has enough credit to keep their doors open, and, more importantly, if working there is... — read more
What retailers are still barely open like B&N? And how do they compare to us?
The managers in our store are always in panic about sales. The atmosphere is toxic and miserable and made even worse when there's a visit. Does anyone know how and why the other retailers are still hanging on? How low do sales have to go before the... — read more
This is BN, 2019
All we talk about is how much we HATE coming to this place. Every day there’s call outs. Nobody wants to be here. There’s no incentive, no future, no plan. We just work our shifts like it’s our last. Just get through the shift and get out. Our... — read more
Barnes & Noble, Inc. (NYSE:BKS) is among the TOP LOSERS of the stock market today, sinking -4.6% or (-0.23 points)
It's like terminal cancer- just pull the plug!
How is BN still open?!
Seriously, how does a company that fires its experienced, knowledgeable booksellers, doesn’t have bags to give out, has so few employees on the floor , customers are not being properly served, old issues of magazines still on the shelf, poor customer... — read more
And even more bad news for the company
Retail giant Barnes & Noble has been ordered to front 50% of the legal fees that are expected to arise out of the lawsuit the company’s former CEO filed after he was ousted in July 2018. The company’s ex-CEO, Demos Parneros, sued Barnes & Noble after... — read more
Major redistricting changes in the South
They're redistricting the South big time. Some of them won't have new DMs for months. I'm not sure if this is affecting any other areas, but I know it extends into Georgia, Alabama, Florida, Tennessee, Louisiana, Arkansas, and Mississippi at least... — read more
Baker and Taylor, B/N distributor, closing.
One of the two warehouses that supply B/N is closing. https://www.mycentraljersey.com/story/money/business/2019/05/02/baker-taylor-close-bridgewater-warehouse-244-jobs-lost/3650430002/
Any big news, CLOSINGS, LAYOFFS?
Someone must have some news on what the plans are this month.
Dividend Day
Today is the day when B&N pays out their Quarterly 15 cent dividend. Len Riggio will net just under 1.3 million dollars for this quarter. Yes, no bags, no paper towels, no staff, but we must pay our dividend. That's is why B&N is in business. Yes we... — read more
Focus on younger readers
What does everybody think about these new initiatives that focus on younger readers (like Young Adult Book Club?) For once, I think this was a good idea, if nothing else a better one than so many so far that fell flat. I guess time will tell, but I'm... — read more
Write your REVIEWS on INDEED.COM
Barnes & Noble would love to read reviews from former and current employees. Tell us how you feel about the company, management and what we need to to better! https://www.indeed.com/cmp/Barnes-&-Noble/reviews
A more stealthy method
I wouldn't be at all surprised if the company, rather than mass-murdering thousands of bookseller's careers, tries a more stealthy method. MMs are pretty important to the running of the stores, particularly since a lot of the murdered were receiving... — read more
MORE LAYOFFS IN MAY
Word for NY is they will try to be a little more discreet this time around. Look for any long-term co-workers and AMs and MMs to disappear without any notice.
How the lease triggers a store closing
In the past, BN would only close stores when the lease is due to expire. So, when any given store is underperforming and due for a renewal of the lease, then it will probably close. As leases are signed all throughout the year, it's impossible to say... — read more
Any more closings?
Are we at least done with that for a while?
The End is Near ?!
Former bookseller,here. A good friend was a Asst. Mgr. , in another store. She was let go today. ( she was told they were keeping just one Asst.) said the Store Manager told her “ believe me , it’s for the best. You’ll have no problem getting another... — read more
When is the NEW FISCAL YEAR?
And with sales so bad, should we expect more and more layoffs? Anyone from corporate on here to tell us the truth for a change?
Days to Zero!
A Miramax film coming to you this summer. It's about a company and its stock price is $4.78. It's down 15 cents and management has figured out in 32 trading days at that rate it will be zero! This causes a flood of even worse ideas, yeah its... — read more
That’s what BN is now, to customers. Clueless !
When you fire your full time career, book knowledgeable employees & replace them with disposable ones, what do you expect?! Most of our part timers ( since last February) don’t read much & have no idea who most of the authors are, when customers ask... — read more
If you're a real leader, you protect your people
It comes down to this--if you're still a manager at BN, what is the honorable thing to do? Do you try to hang on by your fingernails, and hope you don't have to bring people--your people, your booksellers, into your office and lay them off? Do you go... — read more
What are small bookstore doing that we're not?
Has anybody noticed a return of smaller, independent bookstores lately? One opened in a mall I frequent and whenever I pass by it, it's full of people. I asked around, and this seems to be a trend - not a one-off. So what happened? I understand... — read more
We ask our employees to do so much with so little while cutting hours and paying far less than fast food
As a manager, sales are plunging and the moral is decreasing everyday. We ask our employees to do so much with so little while cutting hours and paying far less than fast food. Many of our best employees have been either laid off or sought other... — read more
BIG NEWS: DMs and SMs forced to leave.
Our DM was passed over yet again for a big promotion. Seems corporate is doing what they do best, forcing people to leave, one way or another. I suspect they "strongly suggested" early retirement. Look for more of your long term managers to be... — read more
Stocks at an all time LOW! How's your store doing?
B&N stocks are now even lower than when the stores first opened. The corporate office is demanding management go after sales more than ever. This could be the last Spring for the company.
Don't wait around for the next round of lay-offs
"Riggio and his top cronies won’t care though, they’ll will be fine. They’ll get out with millions." Well, yeah. That's what the rich do. They usually end up OK--that's why they're millionaires. Get out now. Don't wait around for the next round of... — read more
What's the point?
When I got laid off I was p-ss-d but honestly I’m so glad I was. Barnes and Noble was such a horrible place to work, I’m sad to have seen it go the way it has. What’s the point in making sure magazine racks are stocked and faced properly according to... — read more
Everyone knows what kind of fraud this company i
Everyone knows what kind of fraud this company is. Outsiders have a pretty good picture. Better than those working there maybe. Listen to the last conference call after earnings were released. Those analysts were pretty clear in their tone that... — read more
What Business Analysts Are Saying
Motley Fool: April 8,2019 Barnes & Noble: 10.7% yield Not to pick on the retail industry, but the third and final ultra-high-yield stock that income investors would be wise to avoid is the nation's largest bookstore chain Barnes & Noble (NYSE:BKS)... — read more
You are literally training your replacement and you know it
"I can't imagine they'd let me go after all these years." Yeah, that's what 1,800+ ex-employees thought in January 2018. They were axed because they were expensive. They were expensive because they were with the company 10,15,20 years or more. 2%... — read more