Barnes & Noble founder Leonard Riggio dies at 83

Huston Recent Editorial Team
2 Min Read

Remembering Leonard Riggio: The Rise and Fall of Barnes & Noble

Leonard Riggio, a groundbreaking figure in the publishing industry, passed away at the age of 83. Known for his innovative strategies that transformed Barnes & Noble into a powerhouse bookseller, Riggio’s legacy leaves an indelible mark on the world of literature.

Riggio’s journey began in 1971 when he acquired Barnes & Noble and its flagship store in Manhattan. Over the next few decades, he expanded the chain, introducing the concept of “superstores” that combined affordability with comfort, revolutionizing the bookstore experience.

Despite facing challenges from competitors and criticism from independent booksellers, Riggio’s Barnes & Noble thrived, becoming a dominant force in the industry. The chain’s influence was so vast that it even inspired a popular romantic comedy, “You’ve Got Mail,” starring Tom Hanks and Meg Ryan.

However, the rise of online commerce, particularly Amazon.com, posed a significant threat to Barnes & Noble. Riggio’s reluctance to embrace technology hindered the company’s ability to compete with the online giant, leading to its eventual decline.

Despite the challenges, Riggio’s impact on the world of bookselling cannot be understated. His legacy lives on in the memories of book lovers and industry professionals alike, as they reflect on a time when Barnes & Noble reigned supreme in the literary world.

As we bid farewell to a trailblazing figure in the publishing industry, Leonard Riggio’s legacy serves as a reminder of the ever-evolving nature of the book business and the importance of adapting to change in order to survive.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.

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