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Barnes and Noble to Unveil Textbook Rental Program

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Aug 9- Aug 15, 2010 Edition Barnes and Noble to Unveil Textbook Rental Program

New York, NY/AUTHORLINK NEWS/August 9, 2010–Barnes & Noble College Booksellers, owned by Barnes & Noble, Inc. has expanded its multi-channel textbook rental program to hundreds of colleges and universities. The program, which is offered through campus bookstores managed by Barnes & Noble, will enable students to rent their fall textbooks through participating stores.

Barnes & Noble piloted its textbook rental program in January, becoming the first major retailer to offer a multi-channel textbook rental program providing students the option of renting in the campus bookstore’s physical or online store. The response to the pilot program exceeded expectations, as thousands of students embraced the textbook rental service.

Along with delivering considerable savings over the cost of purchasing a new, printed textbook, Barnes & Noble’s rental program includes the convenience of renting books either in the campus bookstore or from the bookstore’s Web site, eliminating the need to pay shipping costs or wait for books to arrive in the mail. Students can also return their rental textbooks to the campus bookstore or via mail using free return shipping .

Following the success of its pilot program, Barnes & Noble moved swiftly to make the rental program available to every school where it manages the on-campus bookstore. Hundreds of schools chose to offer textbook rentals at Barnes & Noble for the fall term–more than double the company’s initial projections. Hundreds more expected to add the service for the winter term.

Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller and a Fortune 500 company, operates 720 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 637 college bookstores serving nearly 4 million students and faculty members at colleges and universities across the United States.