Weakened Barnes & Noble puts landlords on alert
Posted on January 23, 2013 at 12:18 PM EST
Weakened revenue and an increase in store closures by Barnes & Noble Inc. calls the bookseller’s stability into question. Agha Nawazish Ali Khan, a securities analyst for SNL Financial, a San Francisco financial services firm, flags Barnes & Noble’s disappointing holiday sales in a report highlighting its role as an important tenant for some of the country’s top mall operators. Barnes & Noble (NYSE: BKS) operates seven stores in Oregon, including four in the Portland area and one each in…
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