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Barnes & Noble Plans to Close 20 Stores Per Year

Since 2003, the bookstore has closed an average of 15 stores annually.

Barnes & Noble Inc. plans to close 30 percent of its stores, or about 20 stores a year, over the next decade, a top executive with the bookstore told the Wall Street Journal. 

Mitchell Klipper, chief executive of Barnes & Noble’s retail group, did not provide a list of retail stores that would be closed so there’s no word yet on the future of the Barnes & Noble at 5380 Route 14 in Crystal Lake. 

What do you think of Barnes & Noble closing stores nationwide? Will you miss your local Barnes & Noble? Tell us in the comments section.

The company is by far the nation’s largest book retailer chain, since the closing of Borders in 2011, and currently has 689 retail stores and 674 college stores, Huffington Post reported. 

The Borders locations in Crystal Lake and Algonquin were among the book stores to close in 2011. 

Denise Majko January 30, 2013 at 12:10 AM
I hope the Rt. 14 store doesn't close! Where in the heck do they expect people to buy books?! No Borders! No Barnes & Noble!! Not everyone wants to buy books entirely online!! What does that leave us around here...the new Family Christian bookstore?! Half-Price Books?

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