Barnes & Noble’s 4Q Numbers Show 51 Percent Increase in Web Sales

By Mark Byrne on June 29, 2010 4:23 PM

Over on eBookNewser, our colleague Dianna Dilworth reports that Barnes & Noble’s 4Q numbers continue to show growth on the web side, while in-store sales slowly decline.

From the post: “As store sales decreased by 3% to $962 million in the first quarter of 2010, Barnes & Noble.com sales increased 51% to $141 million for the quarter, as compared to the period one year ago.” eBookNewser also reported that, according to CEO William Lynch, the company would be redirecting a significant portion of its resources to invest in technology and sales and marketing.

Read the rest of the post here.

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