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Revenue at Barnes & Noble stores fell 10.9% during the holidays, as sales of Nook devices slipped, a sign that the retailer is falling behind in the tablet battle with Amazon, Apple and Google.
Barnes & Noble Inc. (BKS) (BKS), the largest U.S. bookstore chain, introduced a Nook e-reader with a screen that glows in the dark, challenging Amazon.com Inc. (AMZN) (AMZN) at a time when prices for digital books may start falling.
Barnes & Noble, the giant that put so many independent booksellers out of business, now finds itself locked in the fight of its life, with Amazon.com lurking in the background.