News that book retailer Barnes & Noble may be up for sale shouldn’t send consumers speeding to the nearest store, gift card in hand.
Barnes & Noble announced on Aug. 3 that it was considering a possible sale of the company. But a potential change in ownership won’t leave its gift cards valueless, Barnes & Noble and an independent expert say.
“The fact that the board is exploring strategic alternatives has nothing to do with the day-to-day business,” says Mary Ellen Keating, the company’s senior vice president of corporate communications. Barnes & Noble is continuing to accept its gift cards as usual, Keating says.