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Barnes & Nobles is preparing to start the new year strong.
The company, which in addition to books sells music, toys and games and offers cafes in several of its locations, announced plans to open 60 new stores in 2026, both in new and already served markets.
“Barnes & Noble is experiencing a period of tremendous growth because the strategy of handing control of each bookstore to its local booksellers has proven to be very effective,” the company told FOX Business in a statement.
People walk past the Barnes & Noble bookstore on Fifth Avenue in New York. (Noam Galaï/Getty Images / Getty Images)
The bookseller said it is experiencing strong sales at its existing stores and has opened new locations after more than 15 years of declining store numbers.
Barnes & Noble said it has confirmed leases for 2026 in California, Colorado, Florida, Georgia, Illinois, Ohio, Texas, Virginia, Washington state and Washington, DC.
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The company did not specify opening dates or exact locations of the new properties.
Barnes & Noble, which is facing difficulties competition from Amazon, traces its roots to the early 1870s, when Charles Barnes started a book business in his Illinois home, according to the company’s website. His son, William, and G. Clifford Noble founded the bookstore in 1917.
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The Barnes & Noble flagship store in Manhattan, New York. (Plexi Images/GHI/UCG/Universal Images Group via Getty Images)
Leonard Riggio acquired the company in 1971 and oversaw its growth into one of the largest booksellers in the United States.
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Barnes & Noble was acquired in 2019 by hedge fund Elliott Investment Management in an all-cash transaction valued at $683 million, including the assumption of debt.
