More Uncertainty for Barnes Noble as Struggling Bookseller Fires CEO

“Violation of company policies could mean anything, but being abruptly fired without severance is not good,” says Ben Terry, vice president of retail brokerage at the Coreland Cos., a real estate services company based in Tustin, Calif. Terry says downsizing stores puts the retailer on the right tra...

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Bibliographic Details
Published in:	National Real Estate Investor 2018-07
Main Author:	Wolf, Liz
Format:	Article
Language:	eng
Subjects:	Bookstores Business closings Chief executive officers Competition Electronic book readers Officials and employees Parneros, Demos Retail stores
Online Access:	Get full text
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Summary:	“Violation of company policies could mean anything, but being abruptly fired without severance is not good,” says Ben Terry, vice president of retail brokerage at the Coreland Cos., a real estate services company based in Tustin, Calif. Terry says downsizing stores puts the retailer on the right track, and increasing its omni-channel capabilities is critical, “if they can get their online sales up and figure out a better delivery system” “Barnes & Noble really has an opportunity to redevelop themselves,” he adds. Stefanie Meyer, principal and senior vice president at retail real estate services firm Mid-America Real Estate—Minnesota, says she’s seeing the bookstore do a couple of relocations and several renewals in the Twin Cities.
ISSN:	0027-9994