Barnes & Noble to close 200 stores

Laura Hazard Owen, Paidcontent.org:

Barnes & Noble plans to close about twenty retail stores a year over the next ten years, the company’s retail CEO Marshall Klipper told the Wall Street Journal.

Up until 2009, Barnes & Noble was expanding at a rate of about 30 stores a year. Looks like more and more people are buying books from Amazon (and, presumably, e-books).