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Thursday 21 May 2009 8:00 pm

Barnes & Noble losses narrow

By: admindrupal

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US bookstore Barnes & Noble reported a narrower-than-expected £2.7m quarterly loss and raised its full-year outlook yesterday, boosted by cost-cutting and sales that fell less than planned in a weak book retail market. The company said shoppers have been paring back on non-essential items, including books, in the recession.

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