How James Daunt, Barnes & Noble’s CEO, is Trying to Save Traditional Bookselling

How James Daunt, Barnes & Noble’s CEO, is Trying to Save Traditional Bookselling

Book Culture

Last year, in August of 2019, James Daunt, Managing Director of Waterstones and owner of multiple independent bookstores across London, was named the new CEO of Barnes & Noble. image via the wall street journal The chain, while doing better off than other bookstore chains like Borders, which went bankrupt over a decade ago, is struggling to compete with bookselling giant Amazon. While Amazon accounts for almost 50% of book sales in America, Barnes & Noble’s only accounts for around 20% – a number that is that’s falling. James Daunt has made some changes to Barnes & Noble in the …

Barnes & Noble Layoffs Seem Inevitable Due to Coronavirus

Barnes & Noble Layoffs Seem Inevitable Due to Coronavirus

Book Culture

Businesses are closing across the country, due to the coronavirus epidemic. As a result, businesses are struggling to pay employees as they stay shut down. Barnes & Noble CEO, James Daunt, writes to workers stating, “The truth is that we cannot close our doors and continue to pay our employees in the manner of Apple, Nike, Patagonia and REI. They can do this because they have the resources necessary; we, and most retailers of our sort, do not.” Barnes and Noble still has yet to shut down all stores, but it is clear that they will face consequences brought on …