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05-01-2023, 12:05 PM
B&N was taken private by a hedge fund and the turn-around CEO came from another book retailer in the hedge fund's stable.
No surprises that it will be relisted in a few years time when the turnaround is complete.
What Can We Learn from Barnes & Noble's Surprising Turnaround?
The turnaround has delivered remarkable results. Barnes & Noble opened 16 new bookstores in 2022, and now will double that pace of openings in 2023. In a year of collapsing digital platforms, this 136-year-old purveyor of print media is enjoying boom times.
https://tedgioia.substack.com/p/what-can...barnes-and
No surprises that it will be relisted in a few years time when the turnaround is complete.
What Can We Learn from Barnes & Noble's Surprising Turnaround?
The turnaround has delivered remarkable results. Barnes & Noble opened 16 new bookstores in 2022, and now will double that pace of openings in 2023. In a year of collapsing digital platforms, this 136-year-old purveyor of print media is enjoying boom times.
https://tedgioia.substack.com/p/what-can...barnes-and