Best Buy reported dismal second quarter results Tuesday morning, missing analysts’ estimates by a wide margin one day after the company raised eyebrows by selecting a CEO with no retail experience to engineer a turnaround.
Sales in the consumer electronics space would have been abysmal in 2011 were it not for tablet and e-readers, according to data from market researcher The NPD Group, which shows Target has an opportunity to gain share.
OfficeMax is following Toys"R"Us' lead and adding e-readers to its product offerings. The retailer announced that it will sell Barnes & Noble Nook and Nook Color e-readers at all OfficeMax stores and OfficeMax.com starting July 30.
This Mother’s Day is shaping up to be a battle between Amazon’s Kindle and Barnes & Noble’s Nook, with the popular e-readers featured on the cover of circulars from Target and Walmart that dropped this past weekend.
Barnes & Noble announced a strategic partnership with Books-A-Million, to bring its NOOK e-readers to Books-A-Million’s 229 stores as the company’s exclusive e-reading devices. The announcement marks the first partnership of its kind between two major bookselling retailers in the United States, Barnes & Noble reported.
ANN ARBOR, Mich. - Borders Group announced it will open 25 seasonal Borders Express stores nationwide to serve customers during the holiday season. The stores are expected to officially open Oct. 25 and will operate through Jan. 31.