Barnes & Noble Inc. said it will reveal a website redesign next week with the goal of turning around declining online sales.
The bookseller’s retail sales, which include both e-commerce and in-store sales, fell 10.4% during its fiscal fourth quarter, and 4.4% in fiscal 2015. While Barnes & Noble, No. 47 in the Internet Retailer 2015 Top 500 Guide, does not break out online sales, it says declining online sales contributed to the revenue drops both during the quarter the fiscal year.
