We wished Barnes & Noble well. After all, its bookstores have been an institution for old print folks. Even after we hopped on the digital train, we still purchased our annual membership cards from B&N, met with clients in its cafes, and ordered our books from its online service. After all, the chain offered free WiFi.
Now, we're wondering if this is a losing cause. In PORTFOLIO.COM, Phil Wahba reports that B&N's sales at its stores open at least 15 months fell 3.1% in 4Q. That drove the stock down. Today, at its annual shareholder meeting, it will discuss its long-term strategy to survive in a digital world. Currently, Starbucks also offers free WiFi. It has also become the place to meet with clients.





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