Barnes and Noble
Jump to Barnes and Noble: Alerts;
• Barnes and Noble sells books, music, videos and video games from almost 2,000 stores in the United States.
• Barnes and Noble has used its influence to secure favored status with publishers, making it increasingly difficult for small booksellers to compete. The company paid $2.35 million to settle an antitrust lawsuit for this practice.
• Barnes and Noble drives demand for low quality books that sell quickly in large volumes, shrinking the market for high quality books with less commercial appeal.
• Use Go Green to support your local booksellers and promote sustainability.
-- Profile Updated 06/12/2008
About Barnes and Noble
Barnes and Noble sells books, music, videos and video games from almost 2,000 stores in the US operating under the names Barnes and Noble, Scribners, B. Dalton, Doubleday, Bookstop, Bookstar, Babbages, FuncoLand, Software Etc., and GameStop . The company also sells from its website which it operates as a joint venture with media giant Bertelsmann. Headquartered in New York City, Barnes and Noble has 42,000 employees and in FY 2006 recorded sales of $5.1 billion.
B. Dalton Bookseller, Inc. - New York, NY
- Barnes & Noble College Bookstores (Division) - Basking Ridge, NJ
- Barnes & Noble, Inc. - New York, NY
Barnes & Noble, Inc. - New York, NY
- Barnesandnoble.com inc. (Branch) - New York, NY
- GameStop, Inc. (Subsidiary) - Grapevine, TX
- Scribner's Bookstores (Subsidiary) - New York, NY
- Sterling Publishing Co., Inc. (Subsidiary) - New York, NY
Contact Barnes and Noble
Barnes and Noble
New York, NY 10011 USA
Ethics and Governance
In 2005, Stephen Riggio, Barnes & Noble CEO, made $2.17 million in compensation including stock option grants from the company. From previous years, Riggio cashed out $11.16 million in stock option exercises. The Barnes & Noble CEO has an additional $55.45 million in unexercised stock options from previous years.
-- U.S. Securities and Exchange Commission, 04/05/2006
In October 2001 Barnes and Noble and Borders were ordered to pay $2.35 million each to settle an antitrust lawsuit filed by the American Booksellers Association, a trade group representing independent booksellers. The suit alleged that the national book retailers used their clout with publishers to secure cheaper prices and preferential treatment. The ABA claims the chains threaten the survival of independent bookstores, especially in California, where both chains have focused much of their expansion. Independent booksellers claim they fear that the chains will eventually shut them down and are, therefore, reluctant to take risks with authors who are of less commercial but greater critical appeal, restricting their selection of books.
-- Entertainment Law Reporter, 10/01/2001
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