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Barnes & Noble To Close Stores

The company has announced it'll shut down 20 stores a year over the next decade.

 

Are you a fan of Barnes & Noble bookstores? Do you own a Nook e-reader?

Unfortunately, it seems not enough people are.

Apparently not enough people are shopping at some Barnes and Noble stores.

Company executives told the Wall Street Journal they plan to close 20 stores a year over the next decade.

No specific stores have been targeted yet for closure.

Redwood City is home to a Barnes and Noble store, and nearby on the Peninsula are the San Mateo and San Bruno stores. 

If no new stores were opened, that would reduce the number of Barnes & Noble stores nationwide by a third, the Huffington Post reported.

Since 2003, the company has been closing 15 stores a year, but they've also been opening more than 30 a year.

Last year, however, Barnes & Noble closed 14 stores and didn't open any, the Huffington Post reported.

The move may come as a surprise, since many speculated that Barnes & Noble's sales would increase once its competitor, Borders Books & Music, went out of business.

However, a steady decline in book sales overall has come around to hit Barnes & Noble as well, it seems. Print book sales have decreased 22 percent over the past five years, according to Nielsen BookScan.

Will you miss Barnes & Noble bookstores if the local locations closed? Are you more of an e-reader, or do you still prefer the feel of a real book in your hands? Or, do you prefer to frequent the library? Tell us in the comments below.

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