Thread regarding Barnes & Noble layoffs

B&N HUGE FINANCIAL PROBLEMS- BANKRUPTCY INEVITABLE

Even with the new smaller store formats, B&N is underperforming in almost every location and has been for quite sometime. Sales are not even close to expectations, executives are in a panic and store managers and employees are feeling the stress. Financial experts predict more store closings in 2024 as the company struggles to stay afloat. Survival after 2024 appears dim.

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| 1352 views | | 8 replies (last December 14, 2023)
Post ID: @OP+1pDt1VSo

8 replies (most recent on top)

They keep closing stores, I wouldn't trust buying from them. Plus Amazon is souch cheaper.

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Post ID: @radd+1pDt1VSo

Nobody shops here anymore. Don’t see how we’re staying open.

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Post ID: @nohw+1pDt1VSo

This is why I don't believe in membership cards, you never know when stores will close down.

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Post ID: @cbdx+1pDt1VSo

Anyone who stays deserves what they’re going to get-

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Post ID: @8rvy+1pDt1VSo

I work in management and I can confirm the sales are down from this time last year.
I will not be here in the Spring and if you are smart, you will move on too.

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Post ID: @7shz+1pDt1VSo

Our store isn't doing well either, seems like we get half the traffic of last year.
It's going to be a rough holiday. The prices online are a fraction of what we charge!

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Post ID: @6cju+1pDt1VSo

There are a lot of issues, that’s for sure, but it’s not as bad as the original poster says.

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Post ID: @2pql+1pDt1VSo

Sounds like you are the one panicking and stressed.

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Post ID: @avu+1pDt1VSo

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