Barnes & Noble, Inc.
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| Public | |
| Traded as | : BKS S&P 600 Component |
| ISIN | US0677741094 |
| Predecessor | Arthur Hinds & Company |
| Founded | 1886 (first book store opened) New York City, New York, U.S. |
| Founder | Charles M. Barnes William Barnes G. Clifford Noble Leonard Riggio |
| Headquarters | New York City, New York, U.S., U.S. |
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Number of locations
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781 retail stores (As of July 29, 2017[update]) |
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Key people
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Leonard Riggio (Chairman) Demos Parneros (CEO) |
| Products |
Nook SparkNotes |
| Brands |
Barnes & Noble Booksellers Nook Digital, LLC Sterling Publishing |
| Revenue |
 US$ 4.164 billion (FY 2016) |
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US$ 14.656 million (FY 2016) |
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US$ -24.446 million (FY 2016) |
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| Total assets |
US$ 2.013 billion (FY 2016) |
| Total equity |
US$ 603.510 million (FY 2016) |
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Number of employees
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26,000 (2017) |
| Website |
www www www |
| Traded as | : BNED S&P 600 Component |
|---|---|
| Website | www |
Barnes & Noble, Inc., a Fortune 500 company, is the bookseller with the largest number of retail outlets in the United States, and a retailer of content, digital media, and educational products. As of October 15, 2017, the company operates 778 retail stores in all 50 U.S. states.
Barnes & Noble operates mainly through its Barnes & Noble Booksellers chain of bookstores. The company's headquarters are at 122 Fifth Avenue in New York City.
After a series of mergers and bankruptcies in the American bookstore industry since the 1990s, Barnes & Noble stands alone as the United States' largest national bookstore chain. Previously, Barnes and Noble operated the chain of small B. Dalton Booksellers stores in malls until they announced the liquidation of the chain. The company is known for large retail outlets, many of which contain a café serving Starbucks coffee and other consumables. Most stores sell books, magazines, newspapers, DVDs, graphic novels, gifts, games, toys, music, and Nook e‑readers and tablets.
Although the flagship store once featured the motto "founded in 1873," the C. M. Barnes-Wilcox Company never had any connection to Barnes & Noble other than the fact that both were partly owned (at different times) by William Barnes.
Barnes & Noble originated in 1886 with a bookstore called Arthur Hinds & Company, located in the Cooper Union Building in New York City. In the fall of 1886, Gilbert Clifford Noble, a then-recent Harvard graduate from Westfield, Massachusetts, was hired to work there as a clerk.
In 1894, Noble was made a partner, and the name of the shop was changed to Hinds & Noble.
In 1901, Hinds & Noble moved to 31–35 W. 15th Street.
In 1917, Noble bought out Hinds and entered into a partnership with William Barnes, son of his old friend Charles; the name of the store was changed to Barnes & Noble. Charles Barnes had opened a book-printing business in Wheaton, Illinois in 1873; William Barnes divested himself of his ownership interest in his father's firm just before his partnership with Noble and it would go on to become Follett Corporation.
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Wikipedia