• Barnes & Noble Boss Lists Hamptons Mansion, Asking Almost $6M

    3 monthes ago - By WWD

    The longtime boss of Barnes & Noble is looking to turn a small profit on one of his Hamptons mansions.
    Leonard Riggio, the chairman and chief executive officer of Barnes & Noble, the U.S.'s largest book store chain, has just put his house in Bridgehampton up for sale, asking $5.995 million, listing records showed.
    According to Property Shark's records, Riggio,who bought Barnes & Noble in 1971 when it just had one struggling store in Manhattan and went on to turn it into a multinational chain, paid $5.625 million for the property in 2015.
    It's set on 1.2 acres of land, with 6,600 square...
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  • Global Retailing Conference 2017: Wal-Mart U.S. Chief Merchant on Retail Trends

    3 monthes ago - By WWD

    TUCSON, ARIZ. - Customers still love the box - or so says Wal-Mart U.S.'s chief merchant.
    As the industry continues to invest in technology, Wal-Mart U.S. plans to win through a combination of efforts that embrace physical and digital innovation.
    Steve Bratspies, Wal-Mart U.S. chief merchandising officer, spoke at the Terry J. Lundgren Center for Retailing's annual conference, to talk about what his company sees as the trends driving retail's future.
    At the top of that list was a full-on embrace of physical stores.
    “People love to shop,” the executive said as he clicked to an image in his...
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