James Daunt, CEO of Barnes & Noble, has implemented a strategy to transform the large bookstore chain into a more intimate, independent bookstore experience. Since taking over in 2019, Daunt has moved away from uniform inventory and prime placement deals with publishers, empowering individual stores to curate their own selections based on local customer interests. This approach, inspired by his success with Waterstones and Daunt Books in the UK, has led to increased store openings and a stronger financial footing for the company. AI
RANK_REASON Business strategy shift by a major retail chain's CEO. [lever_c_demoted from significant: ic=1 ai=0.1]
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