Retail

The Nook Is Headed for the U.K.

Barnes & Noble Inc. (NYSE: BKS) announced today that it will be bringing the Nook e-reader and the associated digital bookstore to the United Kingdom this autumn, the Nook’s international debut.

The world’s largest bookseller will offer its Nook digital products and content through a new www.nook.co.uk online storefront, as well as via partnerships with leading retailers expected to be announced soon.

Barnes & Noble CEO William J. Lynch said in a press release:

We’re confident our award-winning technology, combined with our expansive content — including books, children’s books, magazines, apps, movies and more — will bring UK customers the option they’ve been waiting for.

The first products to roll out in the U.K. in mid-October include Barnes & Noble’s E Ink Readers, Nook Simple Touch and Nook Simple Touch with GlowLight. The U.K. Nook Store will feature more than 2.5 million digital titles, including top-selling U.K. books, newspapers and magazines, plus comics and Nook Apps.

Barnes & Noble’s share of the e-reader market has been put as low as 20%, so it needs all the help it can get competing again Amazon.com Inc. (NASDAQ: AMZN), which sells more e-books than any competitor.

Barnes & Noble opened today around $12.28, in a 52-week range of $9.35 to $26.00.

Essential Tips for Investing (Sponsored)

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.