The company reported net sales of $2.984 billion for the quarter ended Aug. 4, 2018, compared to sales of $2.755 billion for the quarter ended July 29, 2017. Comparable sales for the 13 weeks ended Aug. 4, 2018, increased 3 percent compared to the 13 weeks ended Aug. 5, 2017. The company also announced that Denise Landman, CEO of Victoria’s Secret PINK, has made the decision to retire at the end of this year after building the business to a nearly $3 billion brand. Click Read More below for additional information.
Barnes & Noble, Inc. (NYSE: BKS), the world’s largest retail bookseller, today announced that Bob Woodward’s Fear is the top seller in stores nationwide and online at BN.com just one day after the book’s release, with the fastest sales for an adult title since Harper Lee’s Go Set a Watchman was released in July 2015.
“Fear had amazing first-day sales and is in high demand across our stores and online,” said Liz Harwell, Senior Director of Merchandising, Trade Books at Barnes & Noble. “We haven’t seen an adult title sell this quickly in over three years, and are working with Simon & Schuster to keep our shelves stocked to meet what we expect will be continued demand.”
Woodward’s book, Fear, was released yesterday, and is available for buying online and picking up in store at Barnes & Noble stores across the country.