According to recent data released by research firm Statista, the bookselling business is on a rebound. After a number of years in decline, sales picked up in 2015 (a 1.9 percent increase from the previous year), and the trend continued into the first half of 2016 with revenues up another 6.1 percent. Is this a fluke?
The CEO firing was direct and dismissive. Barnes & Noble didn't stick to the bland yet reliable "we're moving in a different direction" script when it booted Chief Executive Officer Ron Boire. They didn't give him a gentle heave-ho with the old standby "he's stepping down to pursue different opportunities" tale. Instead, Barnes & Noble whacked their CEO in bold fashion.