I read it too, thank you for putting it here, Frybabe. It looks like the guy who started Barnes and Noble has it right, so far as I can see, the stores are a real asset and there aren't many left, they are a wonderful market.
The Nook, however, appears in danger, since it records such huge losses and may have trouble standing on its own without the profits of the mothership: the B&N stores. You can't get INTO one here. At one of the local huge B&N's here (we have 3 in two towns) they took out the whole center of the store for a Nook area, which is almost always empty and had to cram all the books in strange places elsewhere to do it, and this is a megastore by anybody's reckoning. it's a waste of space. A small help desk (which is what they did with the Customer Service) ought to be enough, the whole premise of a bookstore is to look at real books. Those with e readers don't need to go out in the snow to see a book in person.
Didn't we read here, however, that they make more money on the Cafe than they do books?
I like e books, and I have some, but I don't need an area the size of a small market to look at the different electronic devices on display. Maybe he can take the company private and do what he wants with it.