The brash, self-styled New Yorker transformed the publishing industry with what became a nationwide empire of superstores.
Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country's most powerful bookseller before his company was overtaken by the rise of Amazon.com, has died at age 83.Riggio died Tuesday 'following a valiant battle with Alzheimer's disease,' according to a statement issued by his family. He had stepped down as chairman in 2019 after the chain was sold to the hedge fund Elliott Advisors.
But internet commerce was growing quickly and Barnes & Noble, with its roots in physical retail, lacked the imagination and flexibility of the startup from Seattle that called itself 'Earth's Biggest Bookstore,' Amazon.com. The online giant launched in 1995 by Jeff Bezos gained business throughout the 2000s and by the early 2010s had displaced Barnes & Noble through such innovations as the Kindle e-book reader and the Amazon Prime subscription service.
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Leonard Riggio, who forged a bookselling empire at Barnes & Noble, dead at 83Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller but later saw his company overtaken by the rise of Amazon.com, has died at age 83. Riggio’s reign at Barnes & Noble began in 1971 when he used a $1.
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Leonard Riggio, transformative leader of Barnes & Noble, dead at 83By the end of the 1990s, an estimated one of every eight books sold in the U.S. were purchased through the chain.
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Leonard Riggio, who forged a bookselling empire at Barnes & Noble, dead at 83Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller but later saw his company overtaken by the rise of Amazon.
Read more »
Leonard Riggio, who forged a bookselling empire at Barnes & Noble, dead at 83Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller but later saw his company overtaken by the rise of Amazon.
Read more »
Leonard Riggio, who forged a bookselling empire at Barnes & Noble, dead at 83Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller but later saw his company overtaken by the rise of Amazon
Read more »
Leonard Riggio, who forged a bookselling empire at Barnes & Noble, dead at 83Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller but later saw his company overtaken by the rise of Amazon.
Read more »