January 14 – January 21, 2010 Edition

BN to Offer Textbook Rental Program

NEW YORK, NY/AUTHORLINK NEWS/01/13/10– Barnes & Noble College Booksellers, LLC, a wholly owned subsidiary of Barnes & Noble, Inc. has created a multi-channel textbook rental program for college students that the company says could result in millions of dollars of savings for college students across America. Announced this past Monday, Barnes & Noble College is the first nationwide bookseller to offer a multi-channel program.

Students can log in from home or their dorm to their campus bookstore’s e-commerce site, order the books they need, and have them shipped to their door step or their local B&N campus store. They can pay for their rentals using any form of tender, including campus debit cards and student financial aid.

The program has been in a test phase since the 2009 fall semester, but has since expanded to 25 college bookstores, including The Ohio State University, The University of Maryland, Borough of Manhattan Community College and University of South Carolina.

“We’ve had a tremendous response from students and faculty to our rental program and as a result have continued to expand it to other colleges and universities across the country,” said Max Roberts, President of Barnes & Noble College Booksellers, LLC. “What makes our program so unique is that we’ve made saving on textbooks even easier for students by providing them the option of ordering their rentals online and having them shipped or picked up at their campus bookstore.”

Rentals are just the newest addition to the list of options Barnes & Noble College is offering students, including digital, loose leaf, custom, new, used, and unbundled textbooks. “

Textbook rentals are increasingly becoming a popular option for students looking to reduce their educational expenses. Rented textbooks save students more than 50% of the cost of buying a new, printed textbook.

In the coming months, Barnes & Noble will dedicate significant resources to expanding its rental program to more of the colleges and universities it serves. Barnes & Noble College Booksellers, LLC, is the largest operator of college and university bookstores in the country operating more than 636 campus bookstores that serve nearly four million students and 250,000 faculty.