Barnes & Noble Inc is a booksellers and a content, commerce and technology company providing customers access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform. As of May 3, 2014, the Company operates 1,361 bookstores in 50 states, including 700 bookstores on college campuses, and operates eCommerce sites and develops digital reading products and operates digital bookstores. Of the 1,361 bookstores, Barnes & Noble Retail (B&N Retail) operates 661 retail bookstores, under the Barnes & Noble Booksellers trade name, and includes the Company's eCommerce site. Barnes & Noble College Booksellers, LLC (B&N College) operates 700 college bookstores at colleges and universities across the United States, of which 155 stores are co-branded with the universities' name and Barnes & Noble name. The Company's principal business is the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other popular fiction), children's books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, emblematic apparel and gifts, school and dorm supplies, café products and services, educational toys & games, music and movies direct to customers through its bookstores or on barnesandnoble.com. The Company also offers a textbook rental option to its customers, digital textbooks and other course materials through a proprietary digital platform (YuzuTM). The Company offers its customers a full suite of textbook options-new, used, digital and rental. The Company offers readers the option of store visits, eCommerce, and digital delivery of books to devices of their choosing, including the NOOK branded and co-branded tablets and eReaders. The Company's three operating segments are: B&N Retail, B&N College and NOOK. The trademarks and service marks owned by the Company and its subsidiaries include B&N, Barnes & Noble, Barnes & Noble.com, barnesandnoble.com, Barnes & Noble Booksellers, Barnsie, NOOK, NOOK Color, NOOK Tablet, Reader's Tablet, NOOK Simple Touch, NOOK GlowLight, NOOK HD, NOOK HD+, The Simple Touch Reader, NOOK Press, NOOK Books, NOOK Book Enhanced, NOOK Developer, The NOOK Book Store, NOOK Newsstand, NOOK Newspaper, NOOK Kids, Read In Store, More In Store, NOOK Friends, LendMe, NOOK Boutique, NOOK Books en español, NOOK Study, ArticleView, Daily Shelf, Read To Me, Punctuate!, Yuzu, FacultyEnlight, Sparknotes, Borders, Borders Books & Music, some of which are registered or pending with the United States Patent and Trademark Office.It competes with other bookstores, including Books-A-Million, and many online businesses, notably Amazon.com and Apple. It also faces competition from mass merchandisers, such as Costco, Target and Wal-Mart. The Company also competes with specialty retail stores that offer books in particular subject areas, independent store operators, variety discounters, drug stores, warehouse clubs, mail-order clubs and other retailers offering books, music, toys, games, gifts and other products in its market segments. The Company is subject to general business regulations and laws relating to all aspects of its business, including regulations and laws relating to the Internet, online commerce, digital content and products as well as its other lines of business.
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