Barnes & Noble boss is planning to open about 60 new stores in the US
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
0mins
Source: Business Insider
Expansion Plans: James Daunt, CEO of Barnes & Noble and Waterstones, announced plans to open about 60 new stores in the US and aims for further expansion in 2025 after a successful year with 57 new locations opened in 2024.
Potential IPO Consideration: Daunt indicated that an initial public offering (IPO) could be considered in the future, depending on Elliott Investment Management's strategy, although there are currently no immediate plans for listing the chains.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
