Not surprised. The store is a big behemoth, and had been poorly run for years.
https://patch.com/new-york/upper-east-side-nyc/barnes-noble-close-upper-east-side-store-company-says?fbclid=IwAR3PoAtt_LMVBggFPdklueEuQJ36zFqN2tOkYSTg_VqpzVlA9xkl_cJwn_8
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It’s not like it’s a bad location.
Barnes & Noble is just a bad company.
Target will flourish and be successful there.
They say it'll be replaced by a Target. Guess big box retail is alive andwell. Just not big box book retail. https://therealdeal.com/2020/06/23/barnes-noble-closing-on-upper-east-side/amp/
"You would think all of the millionaires would love a book store."
They do, but they go in there, see a book they like, and either they read it there and go home, or buy it on Amazon. For a city that claims to "love reading", there aren't that many bookstores in NYC, certainly not as many as they used to be.
You would think all of the millionaires would love a book store. Guess not. And NYC being super duper liberal, it is kind of shocking they would close any bookstore there.
Good riddance!