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Years ago, I heard in the business news outlets, perhaps the business section of our local paper, the reason WHY B. Dalton was purchased by Barnes and Noble. I put it forth here because I can no longer prove it to be true, and perhaps someone else can.
The numbers I'm going to use are made up, as I can no longer remember the actual ones.
I'll say the numbers are: 5%, 6% and 7%.
As the story goes, Dayton, or Dayton-Hudson corporation had a requirement that all of their business units make a 7% profit each year. B. Dalton tried, and tried, and tried, but could never make 7% per year. They were however able to make 6% per year on a regular basis. So, the Dayton Corporation got fed up, and decided to sell them off. When word got around to Barnes and Noble, they looked at B. Daltons numbers, and were impressed! Why? Because the industry standard, or what most bookstores in the industry were making, was 5%! So what Dayton saw as a dog, B&N saw as a performer.
There is an entire second half, or alternate viewpoint, to counter the above story.
B. Dalton had the exclusive right to place a bookstore in hundreds of malls across the U.S.. The alternate explanation for why B&N wanted B. Dalton was so that they could then re-negotiate those mall leases to replace one small B. Dalton with one large B&N. Those were malls/markets that B&N could not get into so long as someone else owned B. Dalton, and their exclusive leases.
LP-mn (
talk)
04:18, 20 May 2011 (UTC)
As seen here, the store at Roosevelt Field Mall is still around. May be a case of B&N keeping it open to maintain the trademark rights. As it's on Long Island and B&N is based in NYC, it's essentially in the backyard of corporate HQ. oknazevad ( talk) 19:35, 30 December 2011 (UTC)
This is the
talk page for discussing improvements to the
B. Dalton article. This is not a forum for general discussion of the article's subject. |
Article policies
|
Find sources: Google ( books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
![]() | This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||
|
![]() | A fact from B. Dalton appeared on Wikipedia's
Main Page in the
Did you know column on 20 October 2009 (
check views). The text of the entry was as follows:
| ![]() |
Years ago, I heard in the business news outlets, perhaps the business section of our local paper, the reason WHY B. Dalton was purchased by Barnes and Noble. I put it forth here because I can no longer prove it to be true, and perhaps someone else can.
The numbers I'm going to use are made up, as I can no longer remember the actual ones.
I'll say the numbers are: 5%, 6% and 7%.
As the story goes, Dayton, or Dayton-Hudson corporation had a requirement that all of their business units make a 7% profit each year. B. Dalton tried, and tried, and tried, but could never make 7% per year. They were however able to make 6% per year on a regular basis. So, the Dayton Corporation got fed up, and decided to sell them off. When word got around to Barnes and Noble, they looked at B. Daltons numbers, and were impressed! Why? Because the industry standard, or what most bookstores in the industry were making, was 5%! So what Dayton saw as a dog, B&N saw as a performer.
There is an entire second half, or alternate viewpoint, to counter the above story.
B. Dalton had the exclusive right to place a bookstore in hundreds of malls across the U.S.. The alternate explanation for why B&N wanted B. Dalton was so that they could then re-negotiate those mall leases to replace one small B. Dalton with one large B&N. Those were malls/markets that B&N could not get into so long as someone else owned B. Dalton, and their exclusive leases.
LP-mn (
talk)
04:18, 20 May 2011 (UTC)
As seen here, the store at Roosevelt Field Mall is still around. May be a case of B&N keeping it open to maintain the trademark rights. As it's on Long Island and B&N is based in NYC, it's essentially in the backyard of corporate HQ. oknazevad ( talk) 19:35, 30 December 2011 (UTC)