Barnes & Noble sales light on Nook returns
Photo credit: Handout | One of Barnes & Noble's Nook models.
Barnes & Noble Inc reported lower-than-expected quarterly sales, hurt by discounts as its Nook e-reader business competes with Amazon.com's Kindle franchise.
The company said it expects sales at existing bookstores to drop by low to mid-single digits in the current fiscal year as the boost it got from customers shifting over from the now defunct Borders chain ebbs.
Barnes & Noble's fourth-quarter...
