To: Mark Fowler who wrote (8322 ) 7/1/1998 6:37:00 PM From: Glenn D. Rudolph Read Replies (1) | Respond to of 164684
Not that anyone in the stock market cares:Barnes & Noble to Open Spokane, Washington Superstore in Fall 1998; Approximately 50 New Jobs Will Be Created Business Wire - June 30, 1998 14:02 %BARNES-NOBLE BKS %WASHINGTON %NEW-YORK %RETAIL %PUBLISHING V%BW P%BW NEW YORK--(BUSINESS WIRE)--June 30, 1998--Barnes & Noble, Inc., the nation's largest bookseller, today announced it has signed a lease agreement to open a new superstore in Spokane, Washington. The 25,000 square-foot store, expected to open in mid-November, will be located at 15310 East Indiana Avenue in the Market Pointe I Shopping Center. It will create approximately 50 new jobs. The company will begin to look for experienced booksellers to fill these staff positions within the year. "We are excited by the prospect of becoming a vital part of this dynamic community," said Alan Kahn, chief operating officer of Barnes & Noble, Inc. "The new Spokane superstore will offer our customers an extensive selection of book titles in a wide range of subjects, including in excess of one million book titles, usually shipped within 24 hours, from our distribution center." In a spacious and comfortable atmosphere, the store will carry more than 175,000 different book titles in a wide range of subjects, many from thousands of small, independent publishers and university presses. While some 50,000 titles are common to all Barnes & Noble stores, the other 125,000 book titles are carefully selected to reflect the local lifestyles and interests of our Spokane customers. The store also offers access to the more than one million book titles from Barnes & Noble's state-of-the-art distribution center. The new Spokane Barnes & Noble will have an extensive children's selection in an area designed especially for kids and more than 20,000 CDs and cassette titles, with especially comprehensive selections in classical music, opera, jazz and blues. The store will also feature a Barnes & Noble Cafe, serving in a classic bistro setting Starbucks coffee, cappuccino, espresso; the full-leaf teas of The Republic of Tea; cold drinks; and a variety of reasonably priced gourmet sandwiches and desserts. The store's staff will develop an ongoing calendar of events, including poetry readings, book discussion groups, author signings, and children's story-telling hours, often featuring special guests. The events are designed to respond to the specific interests of the Spokane community. Barnes & Noble, Inc. operates 485 Barnes & Noble bookstores and 516 B. Dalton bookstores. Barnes & Noble stores stock an authoritative selection of more than 175,000 titles and offer books from more than 27,000 publishers with an emphasis on small, independent publishers and university presses. Barnes & Noble is the world's largest bookseller on the World Wide Web (http://www.barnesandnoble.com), and the exclusive bookseller on America Online (Keyword: BarnesandNoble). The company also publishes books under the Barnes & Noble imprint for exclusive sale through its retail stores, mail-order catalogs, and Web site. General financial information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's investor relations Web site: shareholder.com . CONTACT: Rachel McLeod El-Yafi 212/633-4062