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Barnes & Noble Plans to Close 20 Stores Per Year

Since 2003, the bookstore has closed an average of 15 stores annually.

Barnes & Noble Inc. plans to close 30 percent of its stores, or about 20 stores a year, over the next decade, a top executive with the bookstore told the Wall Street Journal. 

Mitchell Klipper, chief executive of Barnes & Noble’s retail group, did not provide a list of retail stores that would be closed so there’s no word yet on the future of the Barnes & Noble in Deerfield Square.

The company is by far the nation’s largest book retailer chain, since the closing of Borders in 2011, and currently has 689 retail stores and 674 college stores, Huffington Post reported. 

Last October, the Deerfield Square Barnes & Noble store was among 63 stores around the country where credit card data stored on PIN pads was hacked, according to the company. One of the customers, a Deerfield woman, took action against bookseller for not properly securing her personal information.

Related Coverage

  • Deerfield Barnes & Noble Card Readers Were Hacked
  • Deerfield Woman Sues Barnes & Noble for Identify Theft

What do you think of Barnes & Noble closing stores nationwide? Would you miss your local Barnes & Noble? Tell us in the comments section.

Just Sayin January 31, 2013 at 03:43 AM
Sheeeeesh McClown...Obama policies have NOTHING to do with the B&N closings. You a so freaking single sighted and stupid it's unbelievable!!! (Oh and BTW...I have known the Riggio brothers for years. They and 90 percent of their top brass at B&N are democrats through and through). Smoke that you fool.....
McCloud January 31, 2013 at 12:54 PM
Take a look around, retail space is getting emptier by the day, 4Q GDP has been adjusted down, beckoning a new recession, new taxes in place this year, higher debt ceilings with no concern about more massive debt, regulations strangling business, Fed money making for the Lance Armstrong Dow. I'd say the stupid and single sighted one are the Bush blamers and the Kardasians who elected Obama.
Just Sayin January 31, 2013 at 01:25 PM
McClown...Of course bricks and mortar are dwindling. Wake up...it's a new world where people do not need to leave the comfort of their home to acquire consumer products and services. They don't even need a home for computer access. And so they are...in droves. Sorry clown...this ain't Main St. in Mayberry anymore. But you can catch the reruns on the TV Network to be reminded of the world as you wish to live it. Blame whomever you want for whatever you want...but the technology beast has been loosed and EVERYTHING will change. Well...except perhaps your delusions.
McCloud January 31, 2013 at 01:28 PM
So you are saying that the GDP, meaning Gross Domestic Product, is just for Gomer and Goober?
Just Sayin January 31, 2013 at 10:47 PM
McClown...What kind of a stupid question is that ? You must be running out of comedic material. Best you start digging up Jack Parr's old material.

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