• Thu 83°F / 45°F

Barnes and Noble CEO Resigns

Justin Sullivan/Getty Images(NEW YORK) -- Three years after being hired to revive the sagging fortunes of America’s biggest bookseller, the CEO of Barnes & Noble Inc. has resigned.

William Lynch’s departure follows another sorry chapter for the retailer.  Just last month, Barnes & Noble reported that its sales took a big hit during its latest quarter.  Losses doubled as the company's Nook tablets didn't fare well against competing devices.

Lynch, a former Palm Inc. executive, was hired to boost the retailer’s tablet business.

Copyright 2013 ABC News Radio

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.