Retailer splitting its stores, e-reader

Posted: June 26, 2014 at 2:43 a.m.

Customers look at Nook tablets at a Barnes & Noble store in Pineville, N.C., in this file photo. Barnes & Noble announced plans Wednesday to split into two separate companies.

Barnes & Noble Inc., facing declining sales at both its bookstore chain and Nook electronic-reader business, plans to split them into separately traded companies to improve performance.

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