Associated Press Comments A Barnes & Noble bookstore in Los Angeles. (Jae C. Hong/Associated Press) New York Barnes & Noble says its loss more than doubled in the latest quarter as it continued losing money in its Nook e-book reader unit and sales plummeted at its bookstores. The largest traditional U.S. bookseller has invested heavily in its Nook e-book readers and digital library to offset tough competition from online retailers and discounters, but the unit has yet to turn a profit. For the quarter, Barnes & Noble said it sold fewer Nook devices and that digital content sales for the readers also fell 9 percent. The company blamed in the decline partly on the tough comparison from a...
↧