Poets & Writers

The Future of Barnes & Noble

Can James Daunt save Barnes & Noble? This is the question on the minds of publishing insiders in the wake of news earlier this summer that a hedge fund had bought Barnes & Noble for $683 million and installed Daunt, who oversaw the successful turnaround of the British book chain Waterstones, as the new CEO of the largest surviving bookstore chain in the United States.

Daunt will certainly have his work cut out for him. Facing withering competition from the online retailer Amazon as well as from newly resurgent independent bookstores, Barnes & Noble has shuttered 150 stores over the past

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