Barnes and Noble lowered its fourth-quarter profit projections as weak demand for CDs led to a decline in same-store sales for the holiday period. For the period stretching from Nov. 4 to Jan. 5, Barnes & Noble's same-store sales dropped 0.4%. The company attributed the decline to significantly lower-than-expected sales of recorded music. Excluding music sales, same-store sales, or sales at stores open at least a year, increased 0.8% for the nine-week holiday period. (The Street)
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