“Back in February, Barnes & Noble founder Leonard Riggio said he wanted to buy the retail stores from the struggling bookseller,” Peter Kafka reports for AllThingsD. “Now he’s out.”

Kafka reports, “Total revenue was down 8.5 percent, and retail sales were down 9.9 percent. And sales at its Nook division, which were supposed to be the future of the company and now are not-quite-dead, were down 20.2 percent.”

Read more in the full article here.

MacDailyNews Take: iPad roadkill.

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]

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