Cost-cutting and margin improvement in the struggling Nook e-reader segment helped Barnes & Noble Inc. boost consolidated net earnings 14% to $72 million in the third quarter of fiscal 2015, compared to $63 million in the year-ago period.
Nook Media LLC, a subsidiary of Barnes & Noble Inc., has launched its new Nook GlowLight e-reader in the U.K.
Barnes & Noble Inc. plans to spin off its Nook e-reader unit as a separately traded public company from its retail operation by the end of the first quarter of fiscal 2016.
Barnes & Noble is offering free shipping on any Nook e-reader device purchased online by 11 a.m. ET on Dec.23, with delivery guaranteed by Dec. 24.
Nook Media LLC, a subsidiary of Barnes & Noble, Inc., is releasing the new Nook GlowLight e-reader.
Barnes & Noble announced that it would give away a free Nook Simple Touch e-reader, which retails for $79, to any customer who buys its high-definition Nook HD+ tablet between March 24 and March 31.
By Jeff Weidauer, Vestcom International
Borders announced that it has expanded its partnership with Kobo, the maker of an e-reader that at $129.99 is about $10 to $20 less than the Kindle and Nook, respectively.