#1 FREE Swing Trading Strategy and Stock Picks for Day Traders
Did Borders.com Results Lead To Barnes & Noble Chief Exit?
Aug 20, 2008
Print
EmailThe timing of this one is just really odd..
Barnes & Noble Inc (BKS), the largest U.S. specialty bookseller, said on Tuesday
Barnes & Noble said Marie J. Toulantis's duties have been assumed by E-Commerce vice president Tom Burke and Kevin Frain, its chief financial officer. The bookseller said Toulantis will remain with the company as a consultant.
Now, this comes just a week after its rival, Borders (BGP) online results became public and BKS said it would not be able to finance a deal for Borders.
The graphs on the previous post show Borders online traffic and conversions surging since going live in June through July 26. One must assume this trend has continued and that Borders gains are coming at the expense of Barnes and Noble, not so much Amazon (AMZN).
Here is the chart:
Borders did a great job on the site and it is being marketed to Rewards members brilliantly. It's current conversion rate of 5% is up from 2.5% when it was part of amazon and now just behind Barnes & Noble's 5.9% after only 8 weeks (as of 7/26).
Borders is scheduled to report next week, the 28th. I have a feeling, and I hope the analysts on the call ask a ton of questions about the online results, investors will be happy. the chief executive of its online business resigned
by Todd Sullivan (Value Plays)
You Are Here:Home > Articles > Contributors > Did Borders.com Results Lead To Barnes & Noble...
Latest Articles
- US Workers Pay Continues to Suffer - First 0.0% Monthly "Growth" I Can Recall
- US Economic Week Ahead: The Calm after the Storm
- Update on 2009 Predictions
- Instead of Adopting Canadian-style Health Care, How About Learning from Its Banking System?
- Stronger Underwriting, Bigger Down Payments
- These Will Confirm
- Employment Situation: Job Anti-Growth - A Decade with Zero Net Added Jobs. 131 Million Nonfarm Payroll Employment in June of 2000. 131 Million Nonfarm Payroll Employment in June of 2009. 6,460,000 job losses since start of Recession.
- MrSwing Lite - Swing Trading Picks - 07-03-2009
- Head and Shoulders and Divergences on Daily SP500
- Athletes and Their Agents Don't Set Ticket Prices
- The Great Mancession of 2008-2009 Continues As A New Jobless Rate Gender Gap is Set in June
- Back to the Stimulus Debate: W, Timing, the States, and Baselines
-
Education
- Intro to Swing Trading
- Technical Analysis
-
Signals & Software
- SwingTracker
- Stock Scan PRO
-
Free Services
- Stock Charts
- Messenger
