Archive for June, 2010

Barnes & Noble gains digital share as print sales slide

Barnes & Noble has released its quarterly financial report, indicating strong performance with digital distribution but a drop in sales from the company’s many brick-and-mortar locations. CEO William Lynch highlighted the fledgling ebookstore, which has already achieved a larger market share in the digital realm than the company’s share in the retail market.

Barnes

The Nook reader has been credited with pushing quick growth for e-book sales on BarnesandNoble.com. Nook owners are said to have increased their combined digital and physical spending by 17 percent, while pushing total units ahead by 70 percent.

The company plans on expanding its investments in technology and More >