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Barnes & Noble to expand in-store boutique to 25
New York City -- Barnes & Noble Inc. said Monday that it plans to expand an in-store pilot boutique from its current 10 units to 25.
The 200-sq.-ft. Penguin store-in-stores sell Penguin book titles and merchandise; the Penguin banner is owned by Pearson PLC.
“The sales have been incremental rather than cannibalizing Penguin sales elsewhere in the store because it’s a different experience,” John Makinson, CEO of Pearson PLC’s Penguin Group, told the Wall Street Journal. -
CSA Columnist: High gas prices + warm weather = low sales?
New York City -- The latest column released by Chain Store Age contributor Jeff Green suggests that increases at the gas pump and a warmer-than-average winter could dampen consumer confidence and negatively impact sales.
Click here to read this week’s Retail Rap by Jeff Green.