To: nihil who wrote (19362 ) 10/1/1998 9:51:00 AM From: Glenn D. Rudolph Respond to of 164684
October 1, 1998 BARNES & NOBLE ANNOUNCES PLANS TO OPEN TWO NEW DISTRIBUTION CENTERS IN RENO AND ATLANTA Company's Expanded Distribution System Will Serve Regional Customers and May Be Available to Other Booksellers Beginning in the Fall of 1999 New York, NY -- September 30, 1998 -- Barnes & Noble, Inc., the nation's largest bookseller, announced plans today to open two new approximately 350,000-square-foot distribution centers. The centers -- in Reno, Nevada, and the greater Atlanta area in Georgia -- will serve Barnes & Noble retail stores and barnesandnoble.com online customers in the west and the southeast, respectively, beginning in the fall of 1999. The company is also studying the feasibility of making the extensive in-stock inventory and service levels of its expanded distribution system available to other booksellers and retailers. "These new facilities will build upon the success of our present distribution and transportation hub in New Jersey," said Alan Kahn, chief operating officer of Barnes & Noble, Inc. "We expect them to produce additional reductions in time to market and cost efficiencies in handling the logistical needs of our growing number of retail and e-commerce customers across the country and abroad." The one-million-square-foot distribution center in New Jersey -- the single largest book distribution hub in the world with annual shipments exceeding 100 million units with a retail value of $1.4 billion -- currently offers 24-hour fulfillment on nearly 400,000 books shipped to stores and online customers every single day. Each of the new centers will initially stock in excess of one million titles from over 27,000 publisher imprints and will be simultaneously linked to Barnes & Noble's proprietary database of 2.5 million titles for its retail and online customers. About Barnes & Noble, Inc. Barnes & Noble, Inc. (NYSE: BKS) operates 500 Barnes & Noble bookstores and 508 B. Dalton bookstores. Barnes & Noble stores stock an authoritative selection of more than 175,000 titles and offer books from more than 27,000 publisher imprints 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: bn). 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 . ------------------------------------------------------ Please do not reply to this e-mail. This address does not accept incoming e-mail. For Additional Information: shareholder.com Distribution List Changes/Deletions:shareholder.com or send e-mail to unsubscribe@shareholder.com