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B&N slashes Nook investment in third-quarter - down 74% year on year

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B&N slashes Nook investment in third-quarter - down 74% year on year

Mar 07 2014

Barnes & Noble’s filing with the SEC for the third quarter of fiscal 2014 shows how dramatically the company is scaling back its Nook operations. During the period ended January 25, 2014, Nook capital expenditures were $7.4 million, a decline of 74% from the money spent on the group in the comparable period in fiscal 2013.

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