The story of Barnes and Noble Inc. (BKS) has entered a dark chapter in recent months upon news that the bookseller will discontinue production of its color Nook tablets, a clear defeat for B&N in the tablet arena. William Lynch announced his resignation as CEO following the release of dismal fourth quarter losses (BKS stock took a 17% tumble that day[1]).
As an avid reader and professed book lover myself, I am not wholly surprised by reports of B&N’s losses. I cannot recall the last time I made a purchase from Barnes and Noble. For me, the only reason to pay the premium for a book from Barnes and Noble is the extreme–and rare–case that I need a physical copy fast. Now that I have an Amazon Prime membership with free two-day shipping, my visits to B&N have become ever more sparse. In fact, to complete my conversion to Amazon, I bought a Kindle as my personal birthday gift last March. The future for Barnes and Noble is bleak, indeed.
K Does Cases 