The Census just released its report on Retail Sales during the holiday season (Nov-Dec). It dropped 1.2%, the biggest drop in 9 YEARS! With no one wanting to buy this company, look for more hours cut, layoffs and bankruptcy.
"PESSIMISTIC MOMENTUM"
This just in: Barnes & Noble, Inc. (NYSE:BKS) stock price rose 34.29 percent over the past one year, while decreased -3.02 percent during the past 6 months. The stock plummeted -0.65 percent over the past month and fell -13.82 percent year-to-date... — read more
MORNING MEETING SPEECH
Our manager on duty told us today at our morning meeting before the doors open NOT to read or refer to this website or write on the website on the clock or in the breakroom. She said that we all had signed (initial) a paper over a year ago not to... — read more
Please keep telling your friends about this site
We need to expose the corporate a-holes who lied to us.
Employees wrongly let go BEFORE the mass layoff
I know dozens of people that were wrongly "let go" and disappeared. None of us would question it because we were trying to keep our jobs. Then it became a sick joke, oh, another one just disappeared. We knew who was behind it though. The male... — read more
Has anyone here seeked legal counsel?
I was curious since the company tried to do such a nice job of silencing everyone they dumped. And I don't just mean last February.
Is it easy? Nope. Can it be done? Sure
"Everyone says, Get out, now! Where are we supposed to go, if we're middle aged and have done this job for ten years?" I did it, brother (or sister.) Is it easy? Nope. Can it be done? Sure. An amusing anecdote: I'm not what one would call a spring... — read more
Stopped trying to make a difference
I care about my store—or at least I try to. I won’t say too much about which position I work, don’t want anyone to narrow it down, but let’s just say I’ve been here at least a few years and know how to do the job right. I’m constantly trying to... — read more
7 Bankruptcy Stocks to Watch in 2019 and guess who made the list
It’s too bad to see Barnes & Noble (NYSE:BKS) on the decline, because I loved these stores when I was younger. While bookstores could somehow stay around, the e-book/Kindle revolution really ruined business for these guys. And let’s be honest, Amazon... — read more
One year ago 2/12/18. “Black Monday
BN lies in reports saying approx 1800 were “laid off”. If there’s 4-5 positions in each store deleted times the number of BN stores, then their reporting to Fortune, etc.are not true. Firing good, hard,productive , knowledgeable, long time workers... — read more
You have to bring yourself into the idea that you can leave, and do something else
I grew up in the Midwest, and there you learned that, when a storm is coming, you pay attention to your senses. Huddled in the SM's office, I felt the same way, and got the hell out. Here's what you do: You realize that you are, no matter what your... — read more
I cannot do it anymore
The magazine stand in my store is embarrassing. No one wants to help customers because old issues are there, it’s disorganized and frankly most of us know nothing about the section. Steady, loyal customers are disappearing from our store, fed up with... — read more
What Happens If BN Doesn't Fail (And There Are No More Layoffs)?
As unlikely as this sounds, I think it might be a good time to bring this up. There are a few ways that BN can survive and not chop a bunch of booksellers/managers, but few of them are particularly happy. Like so many death-row inmates, BN can go on... — read more
The management lies
Your managers, district managers, will all LIE to keep you there until the end.They KNOW what’s going on but will NOT TELL YOU. They did it last year and they are doing it NOW. If you want to believe they are your friends. THEY ARE NOT. You have only... — read more
BLACK MONDAY
Anniversary of Black Monday next week. Any predictions on another go around before end of February?
Nobody is safe
Nobody is safe, you goofs. Even in a well-managed, profitable company these days, nobody is safe. And, with BN, which is certainly not a well-managed, profitable company, everybody is doubly unsafe. We can talk for hours how many CEOs can dance on... — read more
Ageism is alive and well at B&N.
Let's not be stupid about this, the older employees actually USE their insurance. They get rid of those people however they can. I know two older women at our store were let go at the exact same time. Ageism is alive and well at B&N. The Feb. Layoffs... — read more
Are any EX-AMs or SMs on here?
You must have insight on the future. And if B&N didn't pay you off to disappear like most of you! I know a lot of the older people were paid off to disappear.
B&N Stocks keep going DOWN DOWN DOWN
https://www.google.com/search?q=NYSE:+BKS&stick=H4sIAAAAAAAAAONgecRoyi3w8sc9YSmdSWtOXmNU4-IKzsgvd80rySypFJLgYoOy-KR4uLj0c_UNzKtyk6oqeRaxcvpFBrtaKTh5BwMAycVu80YAAAA&sa=X&ved=2ahUKEwiHxajEsp3gAhVP2FkKHTaKDogQsRUwJnoECAUQCw&biw=958&bih=917 — read more
TIME CUTS?
rumor is severe hourly / shift cuts in stores in feb. everyone affected. you can't survive in a weakened retail world and just depend on holidays to prop you up. get ready to see the weekly checks go on a diet. maybe no layoffs, but you might lose a... — read more
DM’s being let go
Has any current employee heard anything about DM’s on the east coast being let go? Apparently the business development program/sales people are now reporting to the regional BDM and DMs were let go. Hearsay though - and I’m on the west coast. That’s... — read more
Store stock levels ?
For those of you who are still at barnes and nobles I would like to know if the cartons being delivered have slowed. Are you still getting the same amount of freight ? Are your receiving rooms looking like a bomb went off in them. Are they still... — read more
Do any of your managers discuss how your store is doing?
Most times ours will tell us how sales are, but I think when we're doing really poorly, she'll skip it. I've asked on occasion and I'll get the look of death.
Entire Company, no supply ordering until end of Q4
They just told the entire company to stop ordering supplies immediately. Over three months left in the fiscal year. They even suggested we stop using bags if at all possible.
Is Barnes & Noble, Inc. (NYSE:BKS) Returning Enough Cash to Shareholders?
Can anyone decipher this? https://herdongazette.com/is-barnes-noble-inc-nysebks-returning-enough-cash-to-shareholders/199899/... — read more
Minimum Wage Increase
Now that NJ is going to increase their minimum wage by a $1 each year (it's going to $10 in July from $8.85) then $11 next year and so on until it reaches $15 in 2024, how will this affect the company and their never increasing a wage during the year... — read more
ASMs are next on the chopping block
Regarding the ASM getting the chop: Demos, in his thankfully short tenure as CEO, announced that certain hourly leads were safe, but their positions would be lost through attrition. The same was said of ASMs; through attrition, most stores would drop... — read more
SUBURBS DOING BADLY
Does your store manager tell you about your store's sales, they should be! We seem to be doing slightly better than plan, though it's the second week of January, we'll see how next week goes. I've heard the big suburb stores are dead. Not a good sign... — read more
MORE STORES CLOSING - THE END OF B&N IS CLOSER
And more good workers used by Corporate and then discarded... Well it has been a long ride, 30 years to be exact. I began my career with Barnes and Noble back in 1989. Tonight my beloved 2635 closed its' doors for the last time. It was a bitter sweet... — read more
How were your store's holiday sales? Will you stay open?
Did you hit your goal or will there be more layoffs ahead? What are the managers saying?
Will this be our final year?
Do you think Barnes & Noble will last past 2019? I personally believe we'll go the way of Toys R Us very soon. Times are changing. We didn't adapt quickly enough - or even tried to - and now we are seeing the results of it. That's too bad, though, I... — read more
Amazon buying B&N -not a likely outcome
People keep suggesting Amazon will buy the company. I don't see that happening. Their stores are smaller 2.They like to be in high-traffic areas like malls/outlet shopping So why would they want a huge store that stands alone? Better to lease a new... — read more
More small-format stores
Looks like the small-store format must be working, since Barnes & Noble just decided to add another one. This is really not good news for those of us working in big stores, though... — read more
Did your store make enough this year,?
Are you expecting more layoffs and/or a store closing?
Sales are DISMAL here
How is your store doing?
Someone please post this on the B&N page.
https://www.foxnews.com/world/walmart-employee-uses-intercom-to-announce-hes-quitting-nobody-should-work-here-ever
One of our managers gave notice today.
Does anyone have have any inside information from NY?
Let's face it, if B&N can't survive in NYC of all places, it can't survive anywhere
This is the city where people read on the subway and the bus as they went about their day, and people don't even do that anymore. If Manhattan yuppies aren't reading, who is?
Barely anybody comes into our store naymore
Honestly, I'm shocked we're still open. Usually around this time of year we'd be seeing major increase in foot traffic. It's been going down over years, but I've never seen as big of a drop as it is right now. I think Barnes & Noble's days are... — read more
B&N could survive Amazon, but not smartphones
When was the last time you saw anyone under 30 with a book out in public? And the digital ebook war was lost long ago.