Business & Tech
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.
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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
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- Deerfield Barnes & Noble Card Readers Were Hacked
- Deerfield Woman Sues Barnes & Noble for Identify Theft
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