REPORT: Barnes & Noble closing more bookstores

Posted on: 8:57 am, January 29, 2013, by

(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.