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‘The Goliath is Amazon’: after 100 years, Barnes & Noble wants to go back to its indie roots
Decoder with Nilay Patel
The New CEO, Failing Business
I grew up in middle America because Molly Ringwald, there's the name check in the movie The Breakfast Club for decades since the 80s. I also saw these great, you know, amazing bookstores with good people running them. And I knew that if we could simply strip away that central instruction and that central machine, we were going to save an awful lot of money. We had halved central workforce, exited our very, very expensive New York offices to very large ones,. moved into a couple of empty floors above one of our stores on Manhattan and managed to do that just before COVID came along.
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