KQED Nightly Business Report July 10, 2013
Tuesday, july 9th. Good evening everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fi...