Business

Barnes & Noble plans more closings

NEW YORK — Barnes & Noble plans to continue to shrink its store base.

The head of Barnes & Noble’s retail group, Mitchel Klipper, said in an interview published Monday in The Wall Street Journal that the company will have 450 to 500 stores in a decade. That’s down from about 689 currently.

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Klipper said the chain plans to close about 20 stores a year over the period.

The largest traditional US bookstore has been facing tough competition from online retailers and discounters that sell books. It has been focusing on its Nook tablet, e-book reader, and e-book business for growth.

A spokeswoman for Barnes & Noble said Klipper’s remarks don’t mark any change in its store closing plan.

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