Barnes & Noble Education and Pearson Expand Relationship, Driving Access and Affordability at Campuses Nationwide
19 Juni 2018 - 2:30PM
Business Wire
BNED to Distribute Pearson’s New Rental Titles
in Fall 2018
Barnes & Noble Education, Inc. (NYSE: BNED), a
leading provider of educational products and services solutions for
higher education and K-12 institutions, today announced an
agreement with Pearson to distribute Pearson rental titles at the
Company’s 1,483 physical and virtual campus bookstores nationwide.
The agreement will allow the companies to provide students, faculty
and institutions with greater access to more affordable course
materials.
Through its Barnes & Noble College and MBS Textbook Exchange
subsidiaries, BNED will distribute rental textbooks offered through
Pearson’s rental program at its contract managed campus bookstores
nationwide, as well as at institutionally and privately run stores
serviced by MBS Wholesale and MBS Systems. The Pearson rental
program includes more than 130 titles across popular subject areas,
and continues to expand to meet the growing student demand for
affordable subscription products.
“It is critical that we work closely with our publishing
partners as we continuously seek new ways to offer the more than
six million students we serve even greater access to affordable
learning materials,” said Patrick Maloney, Chief Operating Officer
of Barnes & Noble Education and President of Barnes & Noble
College. “We are excited to further expand our partnership with
Pearson, ensuring that students start the coming school year with
unparalleled access to course materials that fit their learning
style and budget.”
“Students today want to have access to their course materials at
an affordable price and in the format of their choice,” said Kevin
Capitani, president, Pearson North America. “This partnership with
Barnes & Noble Education expands our rental program to reach
more students than ever, not only in those stores operated by BNED,
but also in up to 600 independent bookstores through MBS’s POS
system. This all results in more titles for students, delivered
more efficiently, and at lower prices.”
With its centrally located, advanced distribution center, MBS
provides frictionless integration for publisher rental programs,
including Pearson’s. MBS offers a single point of entry for rental
titles, and centralized administration and distribution to more
than 3,700 stores. MBS also provide seamless ordering, receiving
and returns of these materials through the same processes
bookstores use today, adding the reporting required to track
transactions.
“For years, MBS has demonstrated its ability to drive successful
rental programs, and we are pleased to extend this knowledge and
expertise to partners such as Pearson as they grow their own rental
offerings,” said David Henderson, President of MBS Textbook
Exchange. “This partnership will further drive positive outcomes
for our clients, allowing them to offer the students they serve
greater access to more affordable rental titles. We look forward to
working with Pearson on this program.”
ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE: BNED), a
leading provider of educational products and services solutions for
higher education and K-12 institutions, enhances the academic and
social purpose of educational institutions. Through its Barnes
& Noble College and MBS subsidiaries, Barnes & Noble
Education operates 1,483 physical and virtual bookstores and serves
more than 6 million students and faculty, and offers a suite of
digital software, content and services including direct-to-student
study tools. The Company also operates one of the largest textbook
wholesale distribution channels in the United States. Barnes &
Noble Education acts as a strategic partner to drive student
success, provide value and support to students and faculty, and
create loyalty and improve retention, while supporting the
financial goals of our college and university partners.
BNED companies include: Barnes & Noble College Booksellers,
LLC, MBS Textbook Exchange, LLC, BNED LoudCloud, LLC, Student
Brands, LLC, and Promoversity, LLC. General information on Barnes
& Noble Education may be obtained by visiting the Company's
corporate website: www.bned.com.
ABOUT PEARSON
Pearson is the world’s learning company, with expertise in
educational courseware and assessment, and a range of teaching and
learning services powered by technology. Our mission is to help
people make progress through access to better learning. We believe
that learning opens up opportunities, creating fulfilling careers
and better lives. For more, visit www.Pearson.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180619005445/en/
Barnes & Noble EducationCarolyn J. Brown,
908-991-2967Vice PresidentCorporate
Communicationscbrown@bned.comorPearsonScott Overland,
202-909-4520scott.overland@pearson.com
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