James Daunt, CEO of Barnes & Noble, aims to expand the chain by opening around 60 new stores in the US, highlighting the commitment to growth in the retail sector.
Daunt mentioned the possibility of a future initial public offering in London or New York, emphasizing that any step toward this would align with Elliott's broader strategy.
Despite the challenges faced by physical retailers, Daunt remains optimistic, revealing a plan to strengthen both the technology and financial platforms between Barnes & Noble and Waterstones.
The strategy to open more stores reflects a belief in the enduring appeal of books and bookstores, even amidst competition from major online retailers like Amazon.
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