Barnes & Noble, every mention
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tap a year for its mentions
every year anyone David Rosenthal 33Ben Gilbert 8Howard Schultz 3
Verbatim, from the transcripts: the passages where Barnes & Noble comes up
Meta (Audio) · Acquired
- ▶ 10:56 David Rosenthal So when he's 10, he has his parents take him to the local Barnes & Noble one day, and begs them to buy him C++ for dummies.
Starbucks (with Howard Schultz) · Acquired
- ▶ 1:12:30 Ben Gilbert But yeah, they're, um, I have to assume that Barnes & Noble was basically the same thing.
- ▶ 1:12:36 Howard Schultz Barnes & Noble was a different deal.
- ▶ 1:12:38 Howard Schultz I met Len Riggio, the founder of Barnes & Noble, very interesting guy, very smart guy, great merchant, and we just started talking.
- ▶ 1:12:52 Howard Schultz What do you think about us opening Starbucks inside Barnes and Noble, given you are the ultimate third place is what we are.
- ▶ 1:13:16 David Rosenthal Not in a Costco, in the Starbucks, in the Barnes and Noble, in Bellevue.
Costco (Audio) · Acquired
- ▶ 1:28:44 David Rosenthal So there's a really fun acquired canon, acquired cinematic universe story related to this, which is the famous, as chronicled by Brad Stone in the Everything Store, coffee date between Jim Senegal and Jeff Bezos in 2001, which occurs at…
Amazon.com · Acquired
- ▶ 46:23 Ben Gilbert And the status quo is going to Barnes and Noble and special ordering something and paying a bunch of extra money for that so it can arrive in a month.
- ▶ 46:59 David Rosenthal You know, Borders and Barnes and Noble, they'd, like, say they're book superstores, but I think they only stocked, like, 80,000 or so, maybe, titles.
- ▶ 47:12 Ben Gilbert Also worth noting, Barnes and Noble and Borders each only had less than 12% of the retail market each.
- ▶ 47:22 Ben Gilbert You ostensibly could reasonably quickly become Barnes and Noble or Borders scale.
- ▶ 1:22:29 David Rosenthal yeah, there's Barnes and Noble and Portfield.
- ▶ 1:29:09 David Rosenthal Not Walmart, not Kmart, not Barnes and Noble.
- ▶ 1:30:19 David Rosenthal Well, and what's cool is like, yeah, there are big differences between the Walmart supply chain and the Barnes and Noble supply chain and Amazon, but eBay sure as hell isn't building packing tables.
- ▶ 1:51:42 David Rosenthal Of Barnes and Noble.
- ▶ 1:52:02 David Rosenthal Like, yeah, Barnes and Noble is great, but Borders was the big thing.
- ▶ 1:52:20 David Rosenthal Barnes and Noble was the juggernaut.
- ▶ 1:53:34 David Rosenthal Do you know what the Ruggio brothers spun out of Barnes and Noble?
- ▶ 1:53:38 David Rosenthal I'm not talking about the Nook or barnesandnoble.com.
- ▶ 1:53:58 David Rosenthal GameStop is the merger of Software Etc, which spun out of Barnes & Noble and Babbage's software.
- ▶ 1:54:46 Ben Gilbert Barnes and Noble, the big company, B-N-E-D is their ticker.
- ▶ 1:54:59 David Rosenthal Well, speaking of Barnes and Noble cratering, this dinner didn't help.
- ▶ 1:55:41 David Rosenthal You know, we're Barnes and Noble, right?
- ▶ 1:56:59 David Rosenthal It's because they think Barnes and Noble is going to kill them.
- ▶ 1:57:08 David Rosenthal One, they launch a new project, new, you know, initiative within the company with the code name book predator.
- ▶ 1:57:20 David Rosenthal In case there's any confusion about what the intent of this is and that they're going to kill Amazon with the new barnesandnoble.com.
- ▶ 1:58:41 David Rosenthal Now, when I said that Barnes and Noble was going to launch book predator and beat Amazon, I was like, okay, what do I mean by okay?
- ▶ 1:59:48 David Rosenthal And so Jeff, because of this, because he's read made in America, he knows that he can beat Barnes and Noble, but the way to do it is through distribution by building native.
- ▶ 2:02:51 David Rosenthal Walmart is no Barnes and Noble.
- ▶ 2:03:43 David Rosenthal That Barnes and Noble would have trouble seriously competing online.
- ▶ 2:09:30 David Rosenthal Jeff obviously wasn't envisioning that specifically, but like, this is why they're gonna beat Barnes and Noble, and this is why they're gonna beat eBay, and this is eventually why they're gonna beat Walmart in e-commerce.
- ▶ 2:10:14 David Rosenthal So the competition with eBay, the Barnes and Noble thing.
- ▶ 2:13:52 David Rosenthal The two Jeffs make a kind of, maybe not quite like the Barnes and Noble dinner, but they make a sort of oblique reference of, well, maybe Amazon should acquire you.
- ▶ 2:18:22 David Rosenthal It's almost like the book predator with, uh, Barnes and Noble, except they're actually competent.
- ▶ 3:06:17 David Rosenthal I don't want you going and doing the same deal with Barnes and Noble or anybody else.
- ▶ 3:06:45 David Rosenthal And of course, Barnes and Noble wants to crush Amazon at this point.
- ▶ 3:24:29 David Rosenthal It was very famously a coffee in the Starbucks of the Bellevue Barnes and Noble,
- ▶ 3:38:52 Ben Gilbert There's counter-positioning in the era that we're talking about, Barnes & Noble, and subsequently Walmart, because those folks would have to invest so much and did, well Walmart did at least, to completely reinvent the way that they do…
- ▶ 3:39:36 David Rosenthal And certainly counter position versus Barnes and Noble.
- ▶ 3:39:39 David Rosenthal I mean, the Brad Stone quote we read earlier in the episode of, you know, Barnes and Noble wasn't going to go all on in on this because their distribution network was not tuned for e-commerce.
Peloton - the entire history and strategy behind America's trendiest workout · Acquired
- ▶ 33:12 David Rosenthal He had been the head of Barnes and Noble's nook business, their e-reader business, uh, which is based in New York.
- ▶ 33:22 David Rosenthal Barnes and Noble was a great company and then eviscerated by Amazon and the Nook business and the Nook product, I think was probably a decent product, but it was just sort of too late.
- ▶ 33:32 Ben Gilbert And they were really a fierce competitor in this market.
- ▶ 33:34 Ben Gilbert I mean, they, they outlasted borders.