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Nook cost-cutting boosts Q3 profit at Barnes & Noble
New York – Cost-cutting and margin improvement in the struggling Nook e-reader segment helped Barnes & Noble Inc. boost consolidated net earnings 14% to $72 million in the third quarter of fiscal 2015, compared to $63 million in the year-ago period.
Consolidated revenue slipped 1% to $1.39 billion from $1.4 billion. Same store sales at Barnes & Noble Inc. (excluding Nook) increased 1.7%.
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Deliv snags former eBay product chief
Deliv, the crowdsourced, same-day delivery service used by many omnichannel retailers, has hired an ex-executive at eBay to be its new product chief.
Kenneth Pate, former VP of product management at eBay, will bring a decade of experience in omnichannel execution to the startup. The company says Pate will be responsible for the Deliv experience across the same-day delivery service value chain, which includes retailers, shoppers, drivers and mall operators.

