KBRA Releases KCP Special Report: Barnes & Noble Looks to Turn the Page – CMBS Exposure Examined

NEW YORK–(BUSINESS WIRE)–The nation’s largest bookstore chain, Barnes & Noble, is in the process of reevaluating its business model, according to various media and company sources, after its stock price fell to a 24-year low in early March 2018. The development comes on the heels of 87 net store closures between 2010 and 2017, deteriorating same store sales in four of the last five years and a disappointing 2017 holiday season, as documented in Barnes and Noble’s annual investor reports.