Barnes & Noble Education Inc (BNED)

Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates in three segments: Barnes & Noble College, MBS Textbook Exchange, and Digital Student Solutions. The Barnes & Noble College segment sells and rents course material; offers a suite of digital content, software, and services through its LoudCloud platform, as well as e-textbooks; and sells general merchandise, including collegiate and athletic apparel, other custom-branded school spirit products, technology, supplies, and convenience items. It also operates 86 customized cafés and 18 stand-alone convenience stores; and a media channel for brands targeting the college demographic. As of April 28, 2018, this segment operated 768 physical bookstores; and 87 True Spirit sites. The MBS Textbook Exchange segment is involved in the operation of virtual bookstores, which offer course materials, including new and used print and digital textbooks; and textbook distribution activities, as well as sale of inventory management, hardware, and point-of-sale solutions. This segment operates 676 virtual bookstores, including 454 virtual bookstores; and sources and sells new and used textbooks to approximately 3,500 physical college bookstores. The Digital Student Solutions segment offers direct-to-student product and service offerings to assist students to studying effectively and enhancing academic performance. It provides subscription-based writing services to approximately 100,000 subscribers through its digital properties, as well as tutoring and test prep services offered through its partnership with The Princeton Review. Barnes & Noble Education, Inc. was founded in 1873 and is headquartered in Basking Ridge, New Jersey.