Here are two corporate news releases distributed by University Business that suggest that Barnes and Noble and Amazon are positioning themselves to compete with each other, in each other’s areas of strength, for increased shares of the still lucrative textbook market.
Barnes & Noble Education, Inc. (NYSE: BNED), one of the largest contract operators of bookstores on college and university campuses across the United States and a leading provider of digital education services, today announced a plan to expand its digital services.
What: In response to evolving higher education market conditions, the Company has announced a plan designed to reduce and manage digital expenditures, while at the same time maintaining high quality digital products. The Company has partnered with VitalSource, part of the Ingram Content Group, and has acquired LoudCloud Systems, Inc. The strategy also includes restructuring its Yuzu operations, which will include closing its Yuzu offices and eliminating staffing…
View original post 709 more words