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Employees are expected to move to a smaller space in nearby Santa Clara, California, by next month. The company also says it is moving its Nook employees out of its Palo Alto, California, offices to save money. A price for the device will be announced then.īarnes & Noble says it will continue to make and sell its US$99 (S$124) Nook GlowLight e-readers and provide customer support. The tablet will be available at Barnes & Noble’s 700 United States stores in early August. The device will be a seven-inch Samsung Galaxy Tab 4 co-branded as a Nook with Nook’s digital reading software already on it. In its most recent quarter, Barnes & Noble reported a third-quarter profit as cost cuts at its Nook unit and elsewhere helped offset declining revenue across all of its businesses.ĬEO Michael Huseby said at the time in a call with analysts that the company is trying to create better ways to package physical and digital content, calling the digital side “vital to our mission”. The New York company has been trying to turn itself around as competition from discount stores and online retailers toughens, and as consumers shift away from traditional books to digital formats. Still, it offered a new non-tablet e-book reader during the holiday season. And in December the chain said it was evaluating the future of its tablets. NEW YORK - Barnes & Noble is teaming up with Samsung to develop Nook tablets, the book seller said yesterday (June 5), as it focuses on its Nook software.īarnes & Noble spent years investing heavily in its Nook e-book reader and e-book library, but they struggled to be profitable.