Barnes & Noble Longtime Chief Leonard Riggio to Exit

New York Times: When Leonard Riggio bought Barnes & Noble in 1971, it consisted of a single struggling store in Manhattan. Over time, with swagger and an unwavering belief in the value of physical bookstores, he turned it into the country’s largest bookselling chain. On Wednesday, the company announced that Riggio, the 75-year-old founder and executive chairman of Barnes & Noble, would retire in September.