June 19, 2012 at 13:25 PM EDT
Barnes & Noble Q4 Misses, 2012 Nook Sales Up
The digital age has expanded knowledge at an unprecedented speed. But the deluge of digital information has caused a contraction of traditional media sources like paper books. Barnes & Noble (BKS) and other booksellers are struggling to adapt to the new digital era. Borders went out of business last year and many of its former locations still remain empty. B&N has its own digital e-reader and tablet, the Nook, but faces increasing competition in
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