BARNES & NOBLE ANNOUNCES PLANS TO OPEN TWO NEW DISTRIBUTION CENTERS IN RENO AND ATLANTA.New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY--(BUSINESS WIRE)--September 30, 1998-- Company's Expanded Distribution System Will Serve Regional Customers and May Be Available to Other Booksellers Beginning in the Fall of 1999 Barnes & Noble, Inc., the nation's largest bookseller, announced plans today to open two new approximately 350,000-square-foot distribution centers. The centers -- in Reno, Nevada, and the greater Atlanta area in Georgia -- will serve Barnes & Noble retail stores and barnesandnoble.com online customers in the west and the southeast, respectively, beginning in the fall of 1999. The company is also studying the feasibility of making the extensive in-stock inventory and service levels of its expanded distribution system available to other booksellers and retailers. "These new facilities will build upon the success of our present distribution and transportation hub Transportation hub is a location where traffic is exchanged across several modes of transport. These modes may include any of railway, tramway, rapid transit, bus, automobile, truck, airplane, spacecraft, ship, ferry, pedestrian or any other kind of transportation. in New Jersey," said Alan Kahn, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Barnes & Noble, Inc. "We expect them to produce additional reductions in time to market and cost efficiencies in handling the logistical lo·gis·tic also lo·gis·ti·cal adj. 1. Of or relating to symbolic logic. 2. Of or relating to logistics. [Medieval Latin logisticus, of calculation needs of our growing number of retail and e-commerce customers across the country and abroad." The one-million-square-foot distribution center in New Jersey -- the single largest book distribution hub in the world with annual shipments exceeding 100 million units with a retail value of $1.4 billion -- currently offers 24-hour fulfillment on nearly 400,000 books shipped to stores and online customers every single day. Each of the new centers will initially stock in excess of one million titles from over 27,000 publisher imprints and will be simultaneously linked to Barnes & Noble's proprietary database of 2.5 million titles for its retail and online customers. About Barnes & Noble, Inc. Barnes & Noble, Inc. (NYSE NYSE See: New York Stock Exchange : BKS BKS Barracks BKS Best Kept Secret (gaming) BKS Bildung, Kultur Und Sport (German) BKS Brookside (city) BKS Bergen Kirurgiske Sykehus (Bergen, Norway) ) operates 500 Barnes & Noble bookstores and 508 B. Dalton bookstores. Barnes & Noble stores stock an authoritative selection of more than 175,000 titles and offer books from more than 27,000 publisher imprints with an emphasis on small, independent publishers and university presses. Barnes & Noble is the world's largest bookseller on the World Wide Web (http://www.barnesandnoble.com), and the exclusive bookseller on America Online See AOL. (Keyword: bn). The company also publishes books under the Barnes & Noble imprint for exclusive sale through its retail stores, mail-order catalogs, and Web site. General financial information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's investor relations Investor relations The process by which the corporation communicates with its investors. Web site: http://www.shareholder.com/bks/. |
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