40. Barnes & Noble
How Many Stores Closing: Up to 12 in California
Current Value of the Business: $3.552 billion* (2019 Revenue)
At the start of this year, Barnes & Noble operated around 600 stores but faced changes with two closures near Sacramento, California. However, enthusiasts of the bookstore chain have reasons for optimism despite these setbacks.

In a bold move towards expansion, Barnes & Noble is set to launch thirty new locations this year. This promising strategy of opening more stores than closing them reflects a positive trajectory for the company’s growth into 2024 and beyond.
