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Barnes & Noble plans to close 200 stores in coming years

Published Jan 28th, 2013 10:51PM EST
Barnes & Noble Store Closures

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Nationwide bookseller Barnes & Noble (BKS) plans to shutter approximately 200 stores in the coming years as the company increases its focus on the digital book market. While speaking to The Wall Street Journal, Barnes & Noble retail group CEO Mitchell Klipper said “we’ll have 450 to 500 stores” in 10 years. The report notes that Barnes & Noble currently has 689 retail locations across the country. Klipper said the company will shutter roughly 20 retail locations per year over the next decade, up from 15 stores per year over the past 10 years. The Journal notes that until 2009, Barnes & Noble was also opening about 30 new stores each year.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.