REPORT: Barnes & Noble closing more bookstores
(WTVR) – Bookstore chain Barnes and Noble is closing more stores, according to a report in the Wall Street Journal.
The Journal reported Barnes and Noble is expected to close up to 30 percent of its stores over the next 10 years.
A company executive told the Journal the company planned to close about 20 stores a year. Sales are down nearly 11 percent in the past quarter.
Barnes and Noble has seven locations around Central Virginia.