Barnes & Noble has put up an excellent fight over the past few years against the rising tide of digital competitors like iPad, Kindle Fire, etc. But it would seem that the bookseller has still come up a bit short, as the Wall Street Journal reports that the company has plans to shut down nearly 20 stores per year over the course of the next decade. Just last week, we learned that B&N had a rough holiday sales season with a 10.9 percent sales decrease over last year’s holiday season. Barnes & Noble currently has around 689 retail stores in operation, but the cuts would eliminate around a third of those stores, leaving the total somewhere between 450 to 500 stores. However, Barnes & Noble’s Mitchell Klipper, who delivered the news to the WSJ, explains that less than 3 percent of B&N stores lose money. Still, shutting down stores is expected to strengthen B&N’s hardware business, including the Nook HD and Nook HD+, which has been a growing focus at the company. In the face of such a digital shift, it would appear that the bookseller expects its brick-and-mortar business to become more and more of a liability over the coming years.
See the original article here:
Barnes & Noble To Shutter One-Third Of Retail Stores Over The Next 10 Years
An anonymous reader writes “A speedbump on the road to a cash-free economy will go into effect Sunday in the USA, as retailers in 40 states will have the option of passing along a surcharge to customers who pay with credit cards. The so-called swipe fees arose from the settlement of a seven-year lawsuit filed by retailers against Visa, Mastercard, and big banks, who collect an electronic processing fee averaging 1.5 to 3 percent on transactions involving credit cards. The banks naturally have opposed the consumer surcharges, preferring that the extra costs to be passed along in the form of higher prices. Consumers in ten states (California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma, Texas) won’t be affected, since laws in those states forbid the practice (it seems that gasoline station owners here in Massachusetts got a different memo, though). Also, the surcharges won’t be collected for debit or prepaid cards.” Read more of this story at Slashdot. 
MrSeb writes “Way back in August, three months before the release of Windows 8, we learned about the existence of a project at Microsoft codenamed Blue. At the time it wasn’t clear whether this was Windows 9, or some kind of interim update/service pack for Windows 8. Now, if unnamed sources are to be believed, Windows Blue is both of those things: a major update to Windows 8, and also the beginning of a major shift that will result in a major release of Windows every 12 months — just like Apple’s OS X. According to these insiders, Blue will roll out mid-2013, and will be very cheap — or possibly even free, to ensure that ‘Windows Blue the next OS that everyone installs.’ Exact details are still rather vague, but at the very least Blue will make ‘UI changes’ to Windows 8. The sources also indicate that the Windows 8 and Windows Phone 8 SDKs will be merged or standardized, to further simplify the development of cross-platform apps. Perhaps more important, though, is the shift to a 12-month release cadence. Historically, Microsoft has released a major version of Windows every few years, with the intervening periods populated with stability- and security-oriented service packs. Now it seems that Microsoft wants to move to an OS X-like system, where new and exciting features will be added on an annual basis. In turn, Microsoft will drop the price of these releases — probably to around $25, just like OS X.” Read more of this story at Slashdot. 
The next-gen console will come with beefier hardware and a slew of other enhancements, says the magazine. [Read more] 
angry tapir writes “Choice, a prominent Australian consumer advocacy group, has urged Australians to obfuscate their IP address to avoid geo-blocking and use US forwarding addresses to beat high IT prices. Australia is currently in the middle of parliamentary inquiry into the country’s disproportionately high prices for technology. Choice also suggested setting up US iTunes accounts and using surrogate US addresses for forwarding packages from American stores. Choice has noted previously that Australians pay 52 per cent more for digital music downloads on iTunes compared to US users.” Read more of this story at Slashdot.