TITLE

Barnes & Noble 2003 Sales Propelled By Private-Label Books

PUB. DATE
March 2004
SOURCE
Book Publishing Report;3/29/2004, Vol. 29 Issue 11, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on an increase in the sale of books of Barnes & Noble Inc. (B&N). B&N bookstore sales climbed 7.8% in fiscal 2003 ended January 31, driven by increased sales of its private-label books. The books, which can only be purchased at B&N stores and Barnes & Noble.com, have improved B&N's comparable store sales. B&N's overall revenues, which include video game retailer GameStop, were $5.95 billion for the year 2003, up 12.9% from $5.27 billion in 2002. The retailer offers discounted classic literary works through its Classics series, and also sells books like "The Baseball Encyclopedia 2004," which cannot be purchased elsewhere.
ACCESSION #
12659296

 

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