B&N Education Has a Near-Monopoly, and Other Second-Hand Nonsense

Barnes-Noble-at-NOVA[1]Late last week Barron’s published an article that argued B&N Education was undervalued. Alas, the article is behind a paywall, and what I am hearing second-hand makes me wish I could see the original:

Barnes & Noble Education Inc., which was spun off from Barnes & Noble Inc. in August, rose 5.4 percent after Barron’s said the college-bookstore chain could be worth twice its current market value.

The chain of about 725 stores has a “near-monopoly” position on the campuses where it operates, Barron’s said. And the Basking Ridge, New Jersey-based company only serves a quarter of U.S. college students, giving it room to grow, the newspaper said.

I really hope that article didn’t actually say that B&N Education had a near-monopoly; I would have to question the intelligence of the original writer, and whether they had ever heard of something called the internet. And whether they were aware that most college students had cars.

Have you read the article? I think it’s due for a fisking, don’t you?

Update: And here’s my response.

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder of The Digital Reader. He has been blogging about indie authors since 2010 while learning new tech skills weekly. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

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