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| Company name | Barnes & Noble, Inc. | | Company type | Public (Nyse - BKS) | | Industry | Retail (Specialty) | | Founded | Wheaton, Illinois, U.S. (1873 as a printing business)
New York City, New York, U.S. (1917 first bookstore opened) | | Founder(s) | Charles M. Barnes
William Barnes
G. Clifford Noble | | Headquarters | 122 5th Ave
New York City, New York | | No. of locations | 777 stores at 2009-05-21 | | Key people | Leonard Riggio, Chairman
William Lynch, CEO
Steve Riggio, Vice Chair
Mitchell S. Klipper, CEO, Retail | | Products | Barnes & Noble Booksellers
B. Dalton
Scribner's Bookstores
Bookstop
Doubleday Bookstores
Sterling Publishing Co.
SparkNotes | | Revenue | (+) US$5.12 Billion (FY 2009) | | Operating income | (+) US$143 Million (FY 2009) | | Net income | (+) US$75.9 Million (FY 2009) | | Total assets | (-) US$2.99 Billion (FY 2009) | | Total equity | (-) US$922 Million (FY 2009) | | Employees | 40,000 (2008) |
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Barnes & Noble, Inc. is the largest book retailer in the United States, operating mainly through its Barnes & Noble Booksellers chain of bookstores headquartered in lower Fifth Avenue in Lower Manhattan, New York City. Barnes & Noble also operated the chain of small B. Dalton Booksellers stores in malls until they announced the liquidation of the chain.
The company is known for large, upscale retail outlets, many of which contain a café serving Starbucks Coffee, and for competitive discounting of bestsellers. Most stores also sell magazines, newspapers, DVDs, graphic novels, gifts, games, and music. Video games and related items were sold in the company's GameStop retail outlets until October 2004, when the division was spun off into an independent company.
As of October 2009, the company operates 777 stores in all 50 U.S. states and the District of Columbia in addition to 636 college bookstores, which serves nearly 4 million students and 250,000 faculty members across the country.
On Aug 3, 2010, the company announced that its board was considering a sale of the company, possibly to an investor group led by its chairman, Leonard Riggio.
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