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Publishers Fret Over Struggling Barnes & Noble

Investors, too, complain that the chain “desperately needs to adapt and innovate,” reports The New York Times. Sales lag. The electronic Nook is a money-suck. The company is seen as lacking direction, sometimes making the sales of gifts more important than that of books. And the stock price is down 60% over the last three years.

Read the whole story at The New York Times »

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