Thread regarding Barnes & Noble layoffs

"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.

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| 1731 views | | 7 replies (last June 7, 2019) | Reply
Post ID: @OP+Zoj95al

7 replies (most recent on top)

They got rid of the bargain section a few years back at our store. Now it's coming back.

We're suppose to be a high end store now we'll be Discount Barnsie's and when those don't sell, it's game over.

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Post ID: @3vgf+Zoj95al

This has NOTHING to do with liquidation.

Bargain books have been a feature of B&N for years.

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Post ID: @2hww+Zoj95al

They lost a ton of business when they fired the over 3000 ( the more accurate figure) in Feb.18.All of them, their families & Friends stopped patronizing BN-

They sure did !

The numbers after Feb.2018 proved it !

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Post ID: @2nwp+Zoj95al

“It's the beginning of the end. No one is buying books through B&N anymore, this is desperation”

They lost a ton of business when they fired the over 3000 ( the more accurate figure) in Feb.18.All of them, their families & Friends stopped patronizing BN.

Then, there’s the poor customer service associated with the full time knowledgeable staff gone and hours cut on the floor, that drove even the regulars away. People are STILL buying books. They’re NOT buying them from BN.

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Post ID: @1wkh+Zoj95al

It's the beginning of the end. No one is buying books through B&N anymore, this is desperation.

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Post ID: @1xvd+Zoj95al

"This in reality is a good strategy to get customers in stores and increase sales. Off price is a huge business and can be extremely profitable .

This is a good decision and a business that should’ve never have been minimized by prior management ."

Quite so. Publisher remainders have a great margin, and selling them at a proper discount is a fine way to keep them out of landfills, which is where no book, great or shoddy, should ever find itself.

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Post ID: @1vso+Zoj95al

This in reality is a good strategy to get customers in stores and increase sales. Off price is a huge business and can be extremely profitable .

This is a good decision and a business that should’ve never have been minimized by prior management .

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Post ID: @1tiz+Zoj95al

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