Barnes & Noble Store Expansion Leads Big-Box Real-Estate Revival in 2023

Barnes & Noble’s recent expansion plans come after years of shrinking its real-estate portfolio.PHOTO: JUSTIN SULLIVAN/GETTY IMAGES

Barnes & Noble plans to grow its fleet by 30 stores next year, the latest sign that big-box retailers are expanding again after years of shrinking their real-estate footprints.

The bookseller had been contracting for more than a decade as it struggled to compete with Amazon.com Inc. and other online retailers, and now has about 125 fewer stores than it did at its peak 14 years ago. But this year Barnes & Noble is opening more stores than it is closing.

Read more details here: Barnes & Noble Store Expansion Leads Big-Box Real-Estate Revival in 2023 – WSJ

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