CEO additionally co-founded online game retailer GameStop
© Nathan Smith Studios
Bookstore chain Barnes & Noble introduced on X (previously Twitter) on Tuesday that founder Leonard Riggio died. He was 83.
Riggio opened the Pupil E-book Trade in 1965, after which he acquired the Barnes & Noble bookstore in 1971 and used its identify for his enterprise.
The chain expanded its ebook vary with manga, graphic novels and passion video games, because it competed with Amazon for on-line gross sales in 1995. Barnes & Noble is now one of many largest world booksellers. He would function CEO a number of occasions all through the corporate’s historical past.
Within the late Nineties, he based an organization that bought video video games. After a collection of mergers and management modifications, the corporate would develop into GameStop.
In 1985, Riggio additionally grew to become chairman of the board of administrators of the textbook wholesaler MBS Textbook Trade.
Sources: Barnes & Noble’s X/Twitter account, ICv2 (Milton Griepp)
