Barnes & Noble Expands with 60 New Store Openings in Various States
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Barnes & Noble is poised to kick off the new year with a robust expansion plan.
The renowned bookseller, which also offers music, toys, games, and features cafés in many of its locations, has announced its intention to open 60 new stores by 2026. These new locations will span both new markets and areas where the company has previously operated.
“Barnes & Noble is enjoying a period of tremendous growth as the strategy to hand control of each bookstore to its local booksellers has proven so successful,” the company stated in a communication to FOX Business.
DOLLAR GENERAL ANNOUNCES 450 NEW U.S. STORES OPENING IN 2026 AS PART OF ONGOING EXPANSION
People pass by the Barnes & Noble book store on Fifth Ave. in New York City. (Noam Galai/Getty Images / Getty Images)
The bookseller is witnessing strong sales in its existing locations and has successfully opened new stores after over 15 years of declining numbers. Barnes & Noble has confirmed leases for new stores in states such as California, Colorado, Florida, Georgia, Illinois, Ohio, Texas, Virginia, Washington state, and Washington, D.C.
TARGET BEEFS UP PROTEIN, SUPPLEMENT OFFERINGS, CAPITALIZING ON WEIGHT LOSS DRUG TREND
While the company has not disclosed specific opening dates or exact locations for these new properties, the expansion marks a significant turnaround for the brand.
Barnes & Noble, which faces intense competition from Amazon, has a rich history dating back to the early 1870s. It began when Charles Barnes started a book business in his Illinois home. His son, William, along with G. Clifford Noble, established the bookstore in 1917.
MACY’S TURNAROUND SHOWS PROMISE AS SALES CLIMB TO HIGHEST LEVEL IN OVER 3 YEARS
The flagship Barnes & Noble store in Manhattan, New York City. (Plexi Images/GHI/UCG/Universal Images Group via Getty Images)
In 1971, Leonard Riggio acquired the company and played a pivotal role in transforming it into one of the largest booksellers in the United States.
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In 2019, Barnes & Noble was acquired by hedge fund Elliott Investment Management in an all-cash deal valued at $683 million, which included the assumption of debt.
Check out what’s clicking on FoxBusiness.com.
Barnes & Noble is poised to kick off the new year with a robust expansion plan.
The renowned bookseller, which also offers music, toys, games, and features cafés in many of its locations, has announced its intention to open 60 new stores by 2026. These new locations will span both new markets and areas where the company has previously operated.
“Barnes & Noble is enjoying a period of tremendous growth as the strategy to hand control of each bookstore to its local booksellers has proven so successful,” the company stated in a communication to FOX Business.
DOLLAR GENERAL ANNOUNCES 450 NEW U.S. STORES OPENING IN 2026 AS PART OF ONGOING EXPANSION
People pass by the Barnes & Noble book store on Fifth Ave. in New York City. (Noam Galai/Getty Images / Getty Images)
The bookseller is witnessing strong sales in its existing locations and has successfully opened new stores after over 15 years of declining numbers. Barnes & Noble has confirmed leases for new stores in states such as California, Colorado, Florida, Georgia, Illinois, Ohio, Texas, Virginia, Washington state, and Washington, D.C.
TARGET BEEFS UP PROTEIN, SUPPLEMENT OFFERINGS, CAPITALIZING ON WEIGHT LOSS DRUG TREND
While the company has not disclosed specific opening dates or exact locations for these new properties, the expansion marks a significant turnaround for the brand.
Barnes & Noble, which faces intense competition from Amazon, has a rich history dating back to the early 1870s. It began when Charles Barnes started a book business in his Illinois home. His son, William, along with G. Clifford Noble, established the bookstore in 1917.
MACY’S TURNAROUND SHOWS PROMISE AS SALES CLIMB TO HIGHEST LEVEL IN OVER 3 YEARS
The flagship Barnes & Noble store in Manhattan, New York City. (Plexi Images/GHI/UCG/Universal Images Group via Getty Images)
In 1971, Leonard Riggio acquired the company and played a pivotal role in transforming it into one of the largest booksellers in the United States.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
In 2019, Barnes & Noble was acquired by hedge fund Elliott Investment Management in an all-cash deal valued at $683 million, which included the assumption of debt.
