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B & N denies rumors of U.K. venture. (Barnes and Noble Inc.; rumored joint venture with Pentos Group) (Brief Article)

About 1 pages (158 words)

Publishers Weekly, March 28th, 1994

Barnes & Noble CEO Len Riggio vehemently denied a recent story in the London Observer stating that B & N had approached the Pentos Group, the financially troubled owners of the Dillons, Hatchards and Claude Gill bookstores, "about a joint venture to build up a chain of book superstores in the U.K." The contact was supposedly made via Marvin Traub, former head of Bloomingdale's, who is now a retailing consultant. In a letter to the Observer, Riggio wrot...

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Mutter, John. Publishers Weekly, March 28th, 1994. B & N denies rumors of U.K. venture. (Barnes and Noble Inc.; rumored joint venture with Pentos Group) (Brief Article). Content provided by HighBeam Research.

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