Current:Home > MyBenjamin Ashford|How Barnes & Noble turned a page, expanding for the first time in years -Secure Horizon Growth
Benjamin Ashford|How Barnes & Noble turned a page, expanding for the first time in years
NovaQuant View
Date:2025-04-09 17:07:32
The Benjamin Ashfordghost of Barnes & Noble past meets the spirit of Barnes & Noble future in a single shopping center in a suburb of Baltimore.
The new store in Pikesville, Md., separated by half a parking lot from its shuttered predecessor, is part of an unlikely plot twist: Barnes & Noble is staging its largest expansion in over a decade.
After years on the brink of extinction, the book chain is planning to open some 30 new stores this year. Many are returning the retailer to areas it previously abandoned. In a few, Barnes & Noble is even taking over former Amazon bookshops.
The retailer hopes this will turn a new leaf. Barnes & Noble sales have been rising, and last year grew more than 4%, according to Shannon DeVito, director of books.
"What has changed is, I think, my hope that we're going to be here for decades and decades and decades now," she says.
The biggest change borrowed from indie bookstores
Barnes & Noble's collapse spanned the 2010s: The archetypal big-box villain ravaging independent bookstores eventually became lunch for Amazon. Its online store lagged behind, while its physical stores got overrun by gadgets, blankets and trinkets in pursuit of any kind of sale.
In 2019, Barnes & Noble was bought out by a hedge fund, often a perilous development. But this buyout brought along a new CEO, James Daunt, who had led a seemingly miraculous turnaround of the U.K.'s largest bookstore chain Waterstones.
Daunt pushed for Barnes & Noble stores to "weed out the rubbish" from their shelves. The retailer has embraced TikTok's BookTok and social-media influencers, and shook up its deals with publishers. (The chain stopped accepting publishers' payments for special displays. This was quick money, but often risked saddling prime spots with unpopular books and triggering a series of costs for the store.)
The biggest change borrowed from the playbook of independent bookshops: Daunt gave local Barnes & Noble stores much more authority to order what their readers, in their area want to see.
It's "a huge shift, frankly, in philosophy for us as a bookseller," DeVito says. "It's not an algorithm. It's not something that's dynamically pulled from a code. It's very much a — I read this, I loved it, I know this area really gravitates towards beekeeping books, so I'm going to create the best beekeeping display I can because this is my local store."
The chain took advantage of oddly opportune timing
Not long after Daunt took helm, the pandemic lockdowns left Barnes & Noble shuttered, followed by furloughs and layoffs. But the company also used that time to renovate the stores and recalibrate the business. Retail bankruptcies created cheaper space for new stores, too.
Then, 2021 set the record for book sales in the U.S., meaning the refreshed Barnes & Noble launched exactly when people were buying more books than ever.
"We scaled Everest in 2021, the highest point ever in the book market," said Kristen McLean, executive director of NPD BookScan. "And Barnes & Noble was in a perfect position to capitalize on that because they were that fresh energy ... and consumers were really happy to be back in bookstores."
The chain has continued to close some stores even as it expanded into new ones. In northern Virginia, Barnes & Noble will soon open its largest store in years, at 28,000 square feet, in a former Office Depot space. The new Pikesville bookshop has a smaller city format, inside a former Pier 1 store.
The store makeover faces scrutiny from shoppers
New stores get a near-total makeover: brighter paint, lighter wood, a new layout. Bookshelves get arranged not in rows of alphabetical stacks but in thematic nooks, meant to encourage shoppers to linger, browse and maybe find something they didn't know they wanted.
Friends Kendra Wallace and Audryana Pitts-Wright stopped by the Pikesville store in search of the latest Ebony magazine, which this Barnes & Noble did not carry.
"The look, the feel is obviously different than a traditional Barnes & Noble — that I did notice," Pitts-Wright said. "But at the same time, it doesn't really feel authentic. They're trying to capture the more intimate, independent bookstore feel when it's still just a Barnes & Noble."
Still, Wallace left the store with a shopping bag. Inside were novels she'd followed on social media and had on her list: Seven Days In June by Tia Williams and Tender Is The Flesh by Agustina Bazterrica.
"Should I have bought more books for my collection? Probably not," Wallace said and laughed. "I'm a reader."
Barnes & Noble may not have sold the friends on its new identity, but it did sell them some books.
Editor's note: Ebony has switched to digital-only publication and, with the exception of some special editions, stopped printing magazines in 2019.
veryGood! (87)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Judge skeptical of lawsuit brought by Elon Musk's X over hate speech research
- Measles can be deadly and is highly contagious — here's what to know about this preventable disease
- Food packaging containing toxic forever chemicals no longer sold in U.S., FDA says
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Visa Cash App RB: Sellout or symbiotic relationship? Behind the Formula 1 team's new name
- West Virginia bill banning non-binary gender designations on birth certificates heads to governor
- As NFL draft's massive man in middle, T'Vondre Sweat is making big waves at combine
- Travis Hunter, the 2
- Cyberattack on UnitedHealth still impacting prescription access: These are threats to life
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Trump, special counsel back in federal court in classified documents case
- Dawson's Creek Alum James Van Der Beek Sings With Daughter Olivia on TV
- Migration through the Darien Gap is cut off following the capture of boat captains in Colombia
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Prince William Returns to Royal Duties 2 Days After Missing Public Appearance Due to Personal Matter
- Former 'Vanderpump Rules' stars Jax Taylor, Brittany Cartwright announce separation
- Uber's teen accounts will now have spending limits, monthly budgets: What to know
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Gamecocks at top, but where do Caitlin Clark, Iowa rank in top 16 seed predictions?
Where could Caitlin Clark be drafted? 2024 WNBA Draft day, time, and order
Teen charged with killing 2 people after shooting in small Alaska community of Point Hope
Meet first time Grammy nominee Charley Crockett
2 officers shot and wounded in Independence, Missouri, police say
Family of Cuban dissident who died in mysterious car crash sues accused American diplomat-turned-spy
South Carolina lawmakers finally debate electing judges, but big changes not expected