STOCK TITAN

North Carolina A&T Returns to Barnes & Noble College to Manage its Campus Bookstore

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Barnes & Noble College (BNC) has announced a renewed partnership with North Carolina Agricultural and Technical State University (N.C. A&T) to manage its campus bookstore, transitioning operations in November. The partnership includes implementing BNC's First Day® Complete program for Spring 2025, offering students a 35-50% savings on course materials. The bookstore will feature an expanded selection of Aggie apparel and merchandise through BNC's alliance with Fanatics and Lids. N.C. A&T, the largest public HBCU in the country, joins 19 other HBCU institutions partnering with BNC, which operates 657 campus stores nationwide.

Barnes & Noble College (BNC) ha annunciato una rinnovata partnership con la North Carolina Agricultural and Technical State University (N.C. A&T) per gestire la libreria del campus, con operazioni che inizieranno a novembre. La partnership prevede l'implementazione del programma First Day® Complete di BNC per la primavera 2025, che offrirà agli studenti un risparmio del 35-50% sui materiali del corso. La libreria presenterà una selezione ampliata di abbigliamento e merchandising Aggie grazie all'alleanza di BNC con Fanatics e Lids. N.C. A&T, il più grande HBCU pubblico del paese, si unisce ad altre 19 istituzioni HBCU che collaborano con BNC, che gestisce 657 negozi universitari a livello nazionale.

Barnes & Noble College (BNC) ha anunciado una renovada asociación con la Universidad Estatal Agrícola y Técnica de Carolina del Norte (N.C. A&T) para gestionar su librería del campus, con una transición de operaciones en noviembre. La asociación incluye la implementación del programa First Day® Complete de BNC para la primavera de 2025, ofreciendo a los estudiantes un ahorro del 35-50% en materiales de curso. La librería contará con una selección ampliada de ropa y mercadería Aggie a través de la alianza de BNC con Fanatics y Lids. N.C. A&T, la HBCU pública más grande del país, se une a otras 19 instituciones HBCU que colaboran con BNC, que opera 657 tiendas en campus a nivel nacional.

바너스 & 노블 컬리지 (BNC)노스캐롤라이나 농업 및 기술 주립대학교 (N.C. A&T)와의 새로운 파트너십을 발표하고 캠퍼스 서점을 관리하게 됩니다. 운영은 11월에 이전됩니다. 이 파트너십은 BNC의 First Day® Complete 프로그램을 2025년 봄에 도입하여 학생들에게 교과서 자료에서 35-50%의 절약을 제공하는 것을 포함합니다. 서점에서는 BNC의 Fanatics 및 Lids와의 제휴를 통해 Aggie 의류 및 상품의 선택을 확대할 것입니다. 미국에서 가장 큰 공립 HBCU인 N.C. A&T는 BNC와 협력하는 19개의 다른 HBCU 기관에 합류하며, BNC는 전국적으로 657개의 캠퍼스 상점을 운영하고 있습니다.

Barnes & Noble College (BNC) a annoncé un partenariat renouvelé avec l'Université Agricole et Technique de Caroline du Nord (N.C. A&T) pour gérer sa librairie de campus, dont les opérations commenceront en novembre. Ce partenariat inclut la mise en œuvre du programme First Day® Complete de BNC pour le printemps 2025, offrant aux étudiants des économies de 35 à 50 % sur les matériels de cours. La librairie présentera une sélection élargie de vêtements et de marchandises Aggie grâce à l'alliance de BNC avec Fanatics et Lids. N.C. A&T, la plus grande HBCU publique du pays, rejoint 19 autres institutions HBCU qui s'associent avec BNC, qui gère 657 librairies de campus à l'échelle nationale.

Barnes & Noble College (BNC) hat eine erneuerte Partnerschaft mit der North Carolina Agricultural and Technical State University (N.C. A&T) angekündigt, um die Campusbuchhandlung zu verwalten, wobei die Betriebe im November beginnen werden. Die Partnerschaft umfasst die Implementierung von BNCs First Day® Complete Programm für das Frühjahr 2025, das den Studenten Einsparungen von 35-50 % bei den Kursmaterialien bietet. Die Buchhandlung wird durch die Zusammenarbeit von BNC mit Fanatics und Lids eine erweiterte Auswahl an Aggie-Bekleidung und -Waren anbieten. N.C. A&T, die größte öffentliche HBCU des Landes, reiht sich in die 19 anderen HBCU-Institutionen ein, die mit BNC zusammenarbeiten, das landesweit 657 Campusgeschäfte betreibt.

Positive
  • Secured new partnership contract with largest public HBCU institution
  • Implementation of First Day® Complete program promising 35-50% student savings
  • Strategic alliance with Fanatics and Lids expanding merchandise offerings
  • Addition to existing portfolio of 20 HBCU partnerships
Negative
  • None.

Insights

This renewed partnership with North Carolina A&T, the largest HBCU in the country, represents a significant win for BNED, showcasing their competitive advantage in the campus retail space. The implementation of First Day® Complete program starting Spring 2025 is particularly noteworthy, as it typically generates $1,000+ per enrolled student annually while delivering 35-50% savings to students.

The partnership strengthens BNED's position in the HBCU market segment, where they now serve 20 institutions. The Fanatics and Lids alliance for merchandise will likely drive additional revenue through expanded product offerings and improved omnichannel capabilities. This contract win, especially taking business from a competitor, demonstrates BNED's ability to retain and regain strategic accounts in the competitive campus bookstore market.

Renewed partnership to deliver an engaging omnichannel retail experience, expanded selection of Aggie gear and affordable access to course materials

BASKING RIDGE, N.J., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Barnes & Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for higher education, today announced it will partner with North Carolina Agricultural and Technical State University (N.C. A&T) to manage the N.C. A&T Bookstore, transitioning store operations in November.

Recognizing Barnes & Noble College’s outstanding product assortment, customer experience and support, N.C. A&T has chosen to end its relationship with its previous provider and partner again with BNC as its exclusive campus retail partner. BNC’s strategic vision and approach better align with N.C. A&T's mission to deliver a high-quality and affordable education that will support student academic success and instill Aggie Pride.

Through this partnership, Barnes & Noble College will offer an expansive selection of affordable course materials, a seamless omnichannel retail experience and a dedicated store management team that will help facilitate the academic and collegiate journey for N.C. A&T students, faculty, alumni and families.

“We are excited to partner again with Barnes & Noble College," said Angela Peterson, Associate Vice Chancellor of Campus Enterprises at N.C. A&T. "This collaboration will continue to enhance the bookstore experience for our students, faculty and staff. We look forward to a successful partnership that will drive academic excellence and student success.”

Through BNC’s First Day® Complete equitable access course material program, N.C. A&T students will have access to all required textbooks, lab manuals, access codes and digital materials in a convenient bundle before the first day of class at an average student savings of 35-50%, beginning with the Spring 2025 semester.

By delivering all course materials via one highly convenient concierge service, First Day Complete ensures all students have access to all their required course materials on or before the first day of class, allowing them to engage with course content from day one, making them better prepared and facilitating their academic success. The program offers academic freedom for faculty by allowing them to select the best course materials for their curriculum and leverage BNC’s deep relationships with more than 6,000 publishers, creating a one-stop, simplified experience.

“We’re honored to partner again with North Carolina A&T — a premier, tier-one research university with a national reputation in STEM education,” said Jonathan Shar, Chief Executive Officer, Barnes & Noble Education. “This reestablished partnership underscores our shared commitment to academic excellence and innovation in providing exceptional course material solutions and best-in-class retail services to the N.C. A&T community. We’re also excited to relaunch our First Day Complete affordable access course material program, which will improve affordability and enhance student academic preparedness and success.”

The N.C. A&T Bookstore will offer an expanded assortment of Aggie apparel, gifts, school supplies and more. Through BNC’s strategic alliance with leading collegiate licensed merchandiser Fanatics and Lids, BNC will deliver an unparalleled assortment of apparel and an exceptional retail experience for the N.C. A&T campus community. Merchandise will be available in-store and online through the bookstore website, and delivered with a dynamic and personalized experience for students, faculty, families, alumni and fans.

N.C. A&T is the largest and one of the top-ranked public Historically Black Colleges and Universities (HBCU) institutions in the country and one of 20 HBCU institutions that partner with Barnes & Noble College, including Howard University, Florida A&M, Grambling State University and Xavier University of Louisiana.

Barnes & Noble College, a Barnes & Noble Education company, operates 657 campus stores and their unique school-branded e-commerce sites and serves nearly six million college students and faculty nationwide. For more information about Barnes & Noble College’s campus retail services and academic solutions, visit www.bncollege.com.

ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE: BNED) is a leading solutions provider for the education industry, driving affordability, access and achievement at hundreds of academic institutions nationwide and ensuring millions of students are equipped for success in the classroom and beyond. Through its family of brands, BNED offers campus retail services, academic solutions, wholesale capabilities and more. BNED is a company serving all who work to elevate their lives through education, supporting students, faculty and institutions as they make tomorrow a better and smarter world. For more information, visit www.bned.com.

ABOUT NORTH CAROLINA AGRICULTURE AND TECHNICAL STATE UNIVERSITY
Established in 1891 as a land-grant institution, North Carolina A&T is America’s largest and top-rated historically black university (by Money magazine, “Best Colleges”), as well as its top-rated public historically black university (U.S. News & World Report, “Best Colleges 2021”). Serving a student body of nearly 13,000 in Greensboro, N.C., its presences include a main campus, a 500-acre university farm and operations at the Gateway Research Park and in the North Carolina Research Campus in Kannapolis. It is America’s top producer of African American engineers, agricultural scientists and recreational studies graduates, as well as math degree earners at the master’s level. For more information, visit www.ncat.ed.

Media Contact:
Judith Buckingham
Corporate Communications
jbuckingham@bned.com


FAQ

When will Barnes & Noble College (BNED) begin operating the N.C. A&T bookstore?

Barnes & Noble College will begin transitioning store operations in November 2024.

What savings will N.C. A&T students receive through BNED's First Day Complete program?

Students will receive average savings of 35-50% on course materials through the First Day Complete program.

When will BNED implement the First Day Complete program at N.C. A&T?

The First Day Complete program will begin with the Spring 2025 semester.

How many campus stores does Barnes & Noble College (BNED) currently operate?

Barnes & Noble College operates 657 campus stores nationwide.

Barnes & Noble Education, Inc

NYSE:BNED

BNED Rankings

BNED Latest News

BNED Stock Data

319.06M
10.57M
58.56%
30.06%
3.7%
Specialty Retail
Retail-miscellaneous Shopping Goods Stores
Link
United States of America
BASKING RIDGE