BNED

Barnes & Noble Education, Inc.
Company typePublic
NYSE: BNED
S&P 600 component
PredecessorCorporate spin-off from Barnes & Noble, Inc.
FoundedAugust 3, 2015; 9 years ago (2015-08-03)
Headquarters
Basking Ridge, New Jersey
,
United States
Number of locations
1,366 (2023)
Key people
Michael P. Huseby (CEO, chairman)
BrandsYuzu digital textbook platform
RevenueIncrease US$1.54 billion (2023)
Decrease US$−66 million (2023)
Decrease US$−102 million (2023)
Total assetsDecrease US$980 million (2023)
Total equityDecrease US$131 million (2023)
Number of employees
4,620 (2023)
Divisions
  • Barnes & Noble College
  • MBS Textbook Exchange
Websitewww.bned.com
Footnotes / references
Financials as of April 29, 2023.[1]

Barnes & Noble Education, Inc. (doing business as BNED,[2] after its New York Stock Exchange ticker symbol) is one of the largest operators of college bookstores in the United States.[3] As of the end of 2020, Barnes & Noble Education operated 760 campus bookstores and school-branded e-commerce sites through its Barnes & Noble College Booksellers division.[4] The company is headquartered in Basking Ridge, New Jersey.[5]

BNED was part of the Barnes & Noble national retail bookstore chain until 2015, when Barnes & Noble separated its higher-education operation from its retail trade stores and Nook brand ebook operation.[6]

The company's main competitor in the management of on-campus college bookstores industry is Follett.[7] It is not unusual for college campuses to replace their bookstore operators with their main rival after the current store management contracts expires.[8][9]

  1. ^ "Barnes & Noble Education, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. July 31, 2023.
  2. ^ "About | Barnes and Noble Education". March 10, 2019. Retrieved May 2, 2023.
  3. ^ Rosen, Judith. "College Stores Adapt to Change". Publishers Weekly. No. February 15, 2019. Retrieved February 1, 2021.
  4. ^ Maurer, Mark. "Barnes & Noble Education CFO Eyes More Cuts as Campuses Remain Closed". Wall Street Journal. No. December 28, 2020. Dow Jones & Company. Retrieved February 1, 2021.
  5. ^ "Directions Archived August 28, 2011, at the Wayback Machine." Barnes & Noble College Booksellers. Retrieved on July 24, 2011. "Barnes & Noble College Booksellers 120 Mountain View Boulevard, Basking Ridge, NJ 07920"
  6. ^ Milliot, Jim (February 26, 2015). "B&N Will Separate College from Trade, Nook Units". Publishers Weekly. Retrieved February 1, 2021.
  7. ^ Rosen, Judith (February 23, 2018). "Rethinking College Stores". Publishers Weekly.
  8. ^ Ryan, Sue (June 28, 2021). "Notre Dame partners with Barnes & Noble College to manage bookstore properties". University of Notre Dame.
  9. ^ Misiaszek, McKenzie (May 28, 2019). "Follett replaces Barnes & Noble as bookstore provider". The Cougar.