Barnes & Noble is to stop selling Nook digital book readers in the UK as it can’t compete with Amazon’s Kindle device and its e-books.
Along with withdrawing its readers, B&N will no longer run a UK e-book download portal or support its Android app on its Nook devices here.
The news came after the New York headquartered book company posted it third quarter financial results, which showed that the Nook service had again lost the company millions of dollars. The service will however continue in the US.
B&N says it has signed an agreement with supermarket chain Sainsbury’s to enable customers to access online books they have already paid for – up to the end of May. They will receive an email telling them how to access their content.
The Nook service was launched in the UK in 2012. In its third quarter results this week, B&N said global NOOK sales were only $51.7 million, a decrease of 33.3 percent year on year, “due primarily to lower device and content sales”, said the company.
NOOK EBITDA losses of $11.2 million declined $17.9 million versus the prior year, “as the company continues to focus on cost rationalisation efforts”, said the firm.
@AntonySavvas
Security vendor Flashpoint debuts partner programme following $28m funding
Complex buying journeys and sprawling partner networks hampering customer experience, says Accenture
Datacentre provider Cyxtera says launch is “milestone in our go-to-market strategy”
Ensono highlights importance of mainframes still to major industries
Security vendor VASCO looks to replicate UK and German set up across EMEA
Splunk details investment in Partner+ programme at .conf2017