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Rutgers launches ‘Shares Laboratory’ to study and track equity compensation

26.3 million Americans hold company stock or stock options

 

PISCATAWAY, N.J. — (BUSINESS WIRE) — #ESPP — The Rutgers Institute for the Study of Employee Ownership and Profit Sharing today announced the nation’s first academic research initiative dedicated to equity compensation.

 

The Shares Laboratory will conduct research and policy analysis on company stock, stock options, employee stock purchase plans, and other shares in the workplace.

“A huge number of Americans receive equity compensation,” said Bill Castellano, a Professor in the Rutgers School of Management and Labor Relations and Co-Leader of the Shares Laboratory.

 

“There are many individual studies on its impact, but there’s never been a dedicated research program until now. The Shares Lab gives equity compensation an address – a place in higher education where policy, practice, and impact will be closely monitored.”

 

About a quarter of all private sector employees hold company stock or stock options as part of their compensation package, totaling about 26.3 million Americans. The Shares Lab will advance understanding of shares by:

  • Monitoring the growth of equity compensation and its role in the economy;
  • Analyzing federal policies relating to stock, stock options, and other shares;
  • Conducting scholarly research on equity compensation in all its forms;
  • Proposing path-breaking innovations to extend shares to more employees; and
  • Predicting how changes in equity access will affect different parts of the economy.

 

The Shares Lab will be the Institute’s flagship “big data” program, monitoring a rich array of government databases, public records, and private surveys. Its reports will overnight become the gold standard for basic research on equity compensation. In addition, the Lab has created a model of the U.S. economy that breaks down the labor force by industry, workplace practices, equity access, income, wealth, and personal characteristics. This model will enable researchers to conduct experiments on critical questions.

 

“We know there are gender and racial gaps in equity compensation,” said Douglas Kruse, a Distinguished Professor in the Rutgers School of Management and Labor Relations and Co-Leader of the Shares Laboratory.

 

“By using the model, we hope to learn which policy changes would extend shares to more women and people of color. We also hope to investigate how equity shares affect middle class incomes and wealth, among other key questions.”

 

Kruse is a former Senior Economist at the White House Council of Economic Advisers under President Barack Obama.

 

Bank of America, Computershare, Fidelity Investments, and Paypal are the initial supporters of the Shares Laboratory’s research effort. Google.org provided a major donation to support the collection of 2022 data. The Aspen Institute’s Economic Opportunities Program, the Employee Ownership Foundation, the Global Equity Organization, and the National Center for Employee Ownership will help to disseminate the reports.

 

“The Lab will provide the most objective analysis of equity compensation trends and will identify problems and opportunities in this field,” said Joo Hun Han, a Research Fellow in the Rutgers Institute for the Study of Employee Ownership and Profit Sharing and Co-Leader of the Shares Laboratory.

 

“By engaging with practitioners, we hope to accelerate the impact of our research and propose innovations in equity compensation.”

 

About the School

The Rutgers School of Management and Labor Relations (SMLR) is the world’s leading source of expertise on managing and representing workers, designing effective organizations, and building strong employment relationships.

 

About the Institute

SMLR’s Institute for the Study of Employee Ownership and Profit Sharing conducts empirical research, analyzes policy, and sponsors the leading global fellowship program and academic conferences in the field. Joseph Blasi, the J. Robert Beyster Distinguished Professor, serves as the Institute’s Director.

 

The Institute also manages a program to help college professors teach about these subjects (The Curriculum Library for Employee Ownership) and a technical assistance center (The NJ/NY Center for Employee Ownership). One recent initiative (The Employee Ownership Online Education Program), sponsored by the W.K. Kellogg Foundation, features free online videos to help retiring business owners sell to their employees.

Contacts

Press
Steve Flamisch, Rutgers School of Management and Labor Relations

848.252.9011 (cell), steve.flamisch@smlr.rutgers.edu

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Education Healthcare Lifestyle Local News Science

Leading NJ public health school announces new health and risk communication certificate

TCNJ’s Public Health department offers new all-online Health & Risk Communication certificate.

 

“Our department wants to arm public health and non-profit communities with the skills they need to succeed…”

— Slyvia Twersky, PhD, MPH, TCNJ Public Health Asst. Professor

 

EWING, N.J. – In March, a new report announced 2021 as a 58-year high for maternal mortality. The same study pointed out delayed preventive care during COVID and continued disparities in social determinants of health as key contributors.

 

As at-risk communities face mounting health challenges, the School of Nursing and Health Sciences (SNHS) at The College of New Jersey (TCNJ) is preparing students to help people pursue healthier lives with a new graduate certificate in health and risk communication.

 

Consisting of four courses, the new program will teach students how to develop, implement, and evaluate health communication plans — from research to program testing. Students will learn about health communication campaigns in community contexts, social media, digital health platforms and interactive video games.

 

TCNJ Public Health and Communication Studies professor, John C. Pollock, PhD, expands on the benefits of this new program, saying, “This innovative graduate certificate offers robust training in creating, implementing, and evaluating professional health communication campaigns. Taught by health communication scholars and professionals, certificate courses employ knowledge about message formation and communication to teach students how to alleviate suffering, reduce risky behavior, and promote health equity.”

 

Credits generated from this certificate can be applied to a Master’s in Public Health degree from TCNJ. TCNJ’s Public Health program ranks number two in New Jersey.

 

TCNJ Public Health Assistant Professor and Graduate Program Director, Sylvia Twersky, PhD, MPH, adds, “Our department wants to arm public health and non-profit communities with the skills they need to succeed and thrive in their jobs and create healthier communities. This certificate in health and risk communication helps us do that. As a completely online program, it can meet the needs of today’s busy professionals. It is also compatible with an MPH in Health Communication, so if a student wants to convert the certificate into a master’s degree, they have a clear path forward.”

 

The School of Nursing and Health Sciences’ Dean Carole Kenner explains, “This new health and risk communication certificate is an example of how our Public Health program empowers students to positively impact surrounding communities during and after their college experiences. Whether for a full Master’s degree or skills improvement, our diverse certificate offerings give anyone the opportunity to advance their knowledge and empower others.”

 

The School rebranded in 2022 to reflect its robust and diverse, cross-disciplinary health science curricula.

 

TCNJ’s School of Nursing and Health Sciences educates aspiring health professionals to become future leaders across the healthcare industry. Faculty work closely with local healthcare partners to provide students with applicative skills and foundational knowledge. The nationally acclaimed school is dedicated to preparing individuals—through programs in nursing, public health, exercise science and physical education teaching—for the many rewards of guiding people, communities, and populations toward improved health outcomes. The School is nationally recognized as a Healthy People 2030 Champion.

 

Contact Information:

Crothers Consulting | info@crothersconsulting.co | (800) 831-3840

Source: TCNJ School of Nursing and Health Sciences

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Education Environment Lifestyle Science Special/Sponsored Content

Rutgers info on Wild Plant Culture to restore edible and medicinal native plant communities

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Education Lifestyle Programs & Events

Barnes & Noble Education and the University of North Carolina at Charlotte to launch First Day® Complete program to enhance student success

30,000 + students will have access to all required textbooks, lab manuals, access codes and electronic book versions before the first day of class

 

BASKING RIDGE, N.J. — (BUSINESS WIRE) — Barnes and Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, today announced the upcoming launch of First Day® Complete at the University of North Carolina at Charlotte (“UNC Charlotte”).

 

Barnes & Noble College (BNC), which manages BNED’s campus bookstores and associated school branded e-commerce sites, will be implementing First Day Complete for more than 30,000 UNC Charlotte students enrolled in fall 2023 semester courses.

 

By delivering all course materials via one highly convenient concierge service, First Day Complete ensures 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 full academic freedom for faculty, allowing them to select course materials they think are best for their curriculum and leverage BNC’s deep relationships with more than 6,000 publishers, creating a one-stop, simplified experience.

 

With the launch of First Day Complete for the fall 2023 semester, all UNC Charlotte students will have access to all required textbooks, lab manuals, access codes, digital materials and electronic books in a convenient bundle before the first day of class at average student savings of between 35-50%.

 

“We are excited about our partnership with UNC Charlotte as we implement First Day Complete to enhance student outcomes,” said Jonathan Shar, President, Barnes & Noble College. “First Day Complete ensures students are prepared to begin learning on day one, driving greater student success while also offering a more affordable and convenient way for students to obtain their course materials. We support UNC Charlotte’s mission of providing the highest quality education, and through this partnership, we will provide a wide range of academic solutions and a seamless retail experience to help to drive success for UNC Charlotte students in the classroom and beyond. We look forward to working with UNC Charlotte and our other partner schools to continue delivering solutions that empower academic success for all students.”

 

Doug Lape, associate vice chancellor for Business Services, recognized the far-reaching impact the program will have on textbook affordability and educational accessibility for students at Charlotte. “The First Day Complete program provides us the ability to deliver course materials to students at a more affordable rate while driving student success by ensuring students have their coursework (both physical and digital formats) in their hands on the first day of class,” Lape said.

 

With First Day Complete, instead of purchasing course materials a la carte, the cost is included in each student’s account when tuition is charged. In July 2023, students will receive an email from the UNC Charlotte bookstore prompting them to select their preferred delivery method for their fall semester materials. The bookstore will prepare materials for each student and notify them when materials are available for in-store pickup or have shipped. Digital materials will be automatically delivered to students.

 

Hear what students, faculty and administrators had to say about their experiences using First Day Complete and how it has made a positive impact at their institutions. Watch the video, here.

 

For more information about BNC’s First Day Complete, visit, www.bncollege.com/academic-solutions/first-day-complete/.

 

Barnes & Noble College, a Barnes & Noble Education company, currently operates more than 770 campus stores nationwide. For more information about Barnes & Noble College’s services and locations, visit http://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 and academic solutions, a digital direct-to-student learning ecosystem, 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, more inclusive and smarter world. For more information, visit www.bned.com.

Contacts

Media:
Carolyn J. Brown

Senior Vice President

Chief Communications Officer

908-991-2967

cbrown@bned.com

Investor:
Hunter Blankenbaker

Vice President

Investor Relations

908-991-2776

hblankenbaker@bned.com

Categories
Education Healthcare Lifestyle Science

Hinge Health issues 2023 State of Musculoskeletal Care Report

Third annual report spotlights pressing trends of MSK care in America

 

SAN FRANCISCO — (BUSINESS WIRE) — Hinge Health, the leading digital clinic for joint and muscle care, on Friday, released its 2023 State of Musculoskeletal Care Report, an annual report to raise awareness on the issue of chronic pain and spotlight emerging trends impacting musculoskeletal (MSK) care in America.

 

The data from the report emphasizes the gaps between the need for physical therapy (PT) and the care, or lack of care, that most Americans are receiving today. The report shows that employers are increasingly the ones to fill these care gaps for their employees.


MSK conditions include more than 150 ailments and are characterized by impairments in the muscles, bones, joints, and connective tissues leading to temporary or long-term limitations in function.

 

Examples include back and neck pain, arthritis, osteoporosis, fibromyalgia, and carpal tunnel syndrome. This pain can have debilitating effects on people’s quality of life, comorbidities, mental well-being, and ability to work.

 

Among the findings in this year’s report:

The scope of MSK pain is too big to ignore. A staggering half of U.S. adults are experiencing MSK-related pain and the economy is suffering the weight of nearly $1 trillion in MSK treatment and lost wage costs.

 

There is a disconnect between the MSK care that is needed and the care that is often received today. Nearly half of people in pain say that they need professional treatment, but only 10% are getting in-person PT. While 70% of people in pain indicate that they understand the health benefits available to them, 64% say that they are not getting the help they need. The disparities are further emphasized when taking demographic differences into account:

  • 13% of lower income people in pain use in-person PT compared to 29% of higher income people in pain
  • 12% of women in pain use in-person PT compared to 26% of men in pain
  • 7% of boomers in pain use in-person PT compared to 29% of millennials in pain
  • 11% of rural residents in pain use in-person PT compared to 25% of urban residents in pain

 

Employers are stepping in to support the needs for MSK care. 92% of employers who don’t already have a digital MSK solution are taking action and likely to adopt one within the year. And, for women’s health in particular, 85% of large employers are looking to implement at least one new program to address inequities in women’s health.

 

“Many people suffering from chronic pain want help, but are struggling to find it and end up receiving ineffective, unnecessary, and costly interventions that leave them in continued pain,” said Dr. Jeff Krauss, chief medical officer, Hinge Health. “The findings in this report are an eye-opening reality of the challenges that those in pain face in getting the care they need, which is why it’s critical to continue educating and providing solutions that are truly accessible.”

 

The third edition of the State of MSK Care Report draws on primary data from Hinge Health surveys of 82 employers and 1,500 Americans in pain, as well as analysis of outside data sources.

 

To download the full findings of the 2023 State of MSK Care Report, visit: https://go.hingehealth.com/state-of-msk-care-2023

 

About Hinge Health

Hinge Health is creating a new health care system, built around you. Accessible to 25 million members across 1,250 customers, Hinge Health is the #1 digital clinic for joint and muscle pain, delivering superior member outcomes and proven claims reductions. We pair the industry’s most advanced motion technology and wearable pain relief with a complete clinical care team of physical therapists, physicians, and board-certified health coaches to help people move beyond pain and reduce surgeries and opioid use. Hinge Health’s HingeConnect integrates with 1 million+ in-person providers to enable earlier interventions for avoidable MSK surgeries. Four in five health plans and employers with a digital MSK solution trust Hinge Health, including Land O’Lakes, L.L. Bean, Salesforce, Self-Insured Schools of California, Southern Company, State of New Jersey, US Foods, and Verizon. Learn more at http://www.hingehealth.com.

Contacts

Erica Osian

media@hingehealth.com

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Education Healthcare Lifestyle Science Technology Travel & Leisure

Aetrex partners with Pensole Lewis College School of Business & Design to improve next generation of footwear design

Brand donates premium foot scanner to bring 3D data-powered shoe design capabilities to students

 

TEANECK, N.J. — (BUSINESS WIRE) — Aetrex, Inc., a global market leader in foot scanning technology, today announced a partnership with Pensole Lewis College School of Business & Design (PLC), the preeminent footwear design school in the world, to further the school’s mission to help diverse, budding designers break into the world of product creation and improve the industry for the next generation.


In late 2022, Aetrex met with PLC Founder and President D’Wayne Edwards to discuss how Aetrex’s state-of-the-art foot scanning technology uses 3D foot data to help shoe designers create better fitting and functioning footwear. Creating an anatomically correct shoe, a crucial component in the design process, starts with the development of a highly informed last (the solid form around which shoes are molded). Aetrex has used data and learnings from its foot scanners for years to create shoes that fit and perform better, helping wearers reduce injury and increase comfort.

 

After discussing the needs of the college, the benefits of foot scanning and ideas for course integration, the parties entered a partnership where Aetrex donated an Albert 2 Pro, the premier 3D foot scanner in its fleet.

 

“PLC relies on support from brands like Aetrex to make our programming possible and open up opportunities in the industry for our talented students,” said Edwards.

 

“Over the past year, PLC has served around 150 students – tuition-free, without prior educational requirements. We’re thrilled to integrate Aetrex Technology into our curriculum to further our goal of preparing the largest talent pool of progressive creatives to enter the industry and leave it better than we found it.”

 

PLC students started exploring the technology’s capabilities in a course with New Balance. In this program, students utilize the Albert 2 Pro to scan the feet of five different athletes to analyze and categorize shoe styles for better-fitting footwear designs.

 

“We recognize the footwear industry always has room to grow—both in developing better-fitting footwear, and in employing a more diverse and representative population of designers,” said Justin Dyszelski, national accounts manager at Aetrex.

 

“That’s why we’re working with Pensole to make industry-leading design technologies available to the next generation of students so that they can access and learn the innovative tools of the trade and use their passions to help propel our industry forward.”

 

As a technology-led company, Aetrex operates the largest technology team in the industry with AI and computer vision engineers fully involved in product development. Since 2002, Aetrex has placed over 12,000 foot scanners worldwide that have completed more than 50 million unique foot scans. Other Aetrex partners include BOA, Burton, Marathon Sports, Sun & Ski Sports, Rocky Brands, Pikolinos, and more.

 

To learn more about Aetrex’s technology suite, visit www.aetrex.com.

 

About Aetrex

Aetrex, Inc. is widely recognized as a global leader in foot scanning technology, orthotics and comfort and wellness footwear. Aetrex has developed state-of-the-art foot scanning devices, including Albert, Albert 2 Pro and Albert 3DFit (2022 and 2023 CES Innovation Award Honorees), Albert Pressure and iStep, designed to accurately measure feet and determine foot type and pressure points. Since 2002, Aetrex has placed over 12,000 scanners worldwide that have performed more than 50 million unique customer foot scans, currently averaging more than 2.5 million scans a year.

 

The company is renowned for its over-the-counter orthotics – the worlds #1 premium foot orthotic. With fashion, function and quality at the forefront, Aetrex also designs and manufactures stylish, performance footwear. Based in New Jersey, Aetrex is consistently named one of New Jersey’s Top 100 Privately Held Companies and was also included in NJBIZ’s Top 30 Manufacturing Companies. It has remained privately owned by the Schwartz family for three generations. For additional information, visit www.aetrex.com.

 

About Pensole Lewis College of Business & Design

Pensole Lewis College of Business & Design is the pipeline for career education and professional development in the design industry. We are the source for creative vision and progress; bearing the torch to push the culture forward — beyond what’s visible. At Pensole Lewis College, we offer a new path to break into the world of product creation. We prepare the largest talent pool of designers to enter the industry empowering them to make it better for the next generation, leaving our industry better than when we entered it.

Contacts

Media
Rajira Hernandez

Matter Communications

978-225-8082

aetrex@matternow.com

Categories
Culture Education Sports & Gaming

AM Best names four finalists in Student Challenge competition

OLDWICK, N.J. — (BUSINESS WIRE) — AM Best has selected students from the University of Wisconsin and Florida State University as finalists for its third annual Student Challenge competition, which tasked entrants with creating solutions for managing insurance risks. The 2023 competition was open to undergraduate and graduate students, who were invited to submit as individuals or in teams.

Chris Lane and Madison Wescott of the University of Wisconsin were selected for their submission, “TikTok as a Penetration Tool for Insurance,” which couples the pervasiveness of the quickly growing social media app with insurance awareness for younger audiences.

 

Siddarth Upadhya and Rail Minazetdinov from the same university earned their spot amongst the finalists for their submission, “Resilience Bonds for Risk Mitigation in the Energy Sector.” Their proposed resilience bond would support investment in the industry and resilient infrastructure, thereby mitigating commodity price risk by removing carbon-based energy sources.

 

Kevin Taheri and David Leemon, another team from the University of Wisconsin, have made it to the final round with their proposal, “New Framework to Assess the Risk and Underwriting for Autonomous Vehicles.” Taheri and Leemon’s proposed framework would assess the risk, underwrite the policy and set prices of autonomous vehicles alongside manufacturers.

 

Finally, Hannah Youngblood from Florida State University was selected for her submission, “Telemedicine Platform for Prescriptions.” Her proposed platform would perform a comparative analysis of a consumer’s prescriptions based on their insurance coverage and suggest the most cost-effective solution.

 

Final presentations will be posted on the Student Challenge website for viewing and voting Wednesday, March 23, through Monday, April 10. Finalists will be notified of the results via email on Tuesday, April 18, and the winner will be published in Best’s Review® Thursday, June 1.

 

“Our annual Student Challenge connects with one of AM Best’s core values: to innovate the insurance industry by tapping into the next generation of professionals,” said Lee McDonald, group vice president of AM Best Information Services. “It’s a pleasure to see the creative solutions these students come up with each year.”

 

AM Best’s 2023 Student Challenge is one of the company’s ongoing initiatives to support the development of new talent in the insurance industry. It is sponsored by the AM Best Foundation, which supports charitable organizations that encourage education and thought leadership in insurance and risk management. AM Best also provides an analytical development program for college students, along with internship opportunities. For more information about the competition, please visit our website.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2023 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Lee McDonald
Group Vice President
AM Best – Information Services
+1 908 439 2200, ext. 5561
lee.mcdonald@ambest.com

Categories
Business Culture Education

Barnes & Noble Education announces rescheduling of Third Quarter Fiscal Year 2023 Earnings Release and Conference Call

BASKING RIDGE, N.J. — (BUSINESS WIRE) — Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that the Company is rescheduling its third quarter Fiscal Year 2023 earnings report previously scheduled for Tuesday, March 7, 2023 at 8:30 a.m. Eastern Time.

 

The rescheduling allows the Company adequate time to close on its amended and extended asset-backed revolving and term loan credit facilities, which the Company expects to close on or before Thursday, March 9, 2023.

 

The Company intends to report Fiscal 2023 third quarter earnings results on Thursday, March 9, 2023, after market close. The Company will host an investor conference call at 4:30 p.m. Eastern Time on Thursday, March 9, 2023, to review the Company’s financial results and operations.

 

This call is being webcast and can be accessed at Barnes & Noble Education’s corporate website at www.bned.com. The webcast of this call will be archived and available for three months on Barnes & Noble Education’s corporate website.

 

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 and academic solutions, a digital direct-to-student learning ecosystem, unparalleled best-in-class assortment of school apparel through a strategic alliance with Fanatics and Lids, 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, more inclusive and smarter world. For more information, visit www.bned.com.

 

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and information relating to us and our business that are based on the beliefs of our management as well as assumptions made by and information currently available to our management. When used in this communication, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “will,” “forecasts,” “projections,” and similar expressions, as they relate to us or our management, identify forward-looking statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make, including any statements made in regards to our response to the COVID-19 pandemic. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Such statements reflect our current views with respect to future events, the outcome of which is subject to certain risks, including, among others: risks associated with public health crises, epidemics, and pandemics, such as the COVID-19 pandemic, including the duration, spread, severity, and any recurrences thereof, and the impact such public health crises have on the overall demand for BNED products and services, our operations, the operations of our suppliers and other business partners, and the effectiveness of our response to these risks; general competitive conditions, including actions our competitors and content providers may take to grow their businesses; a decline in college enrollment or decreased funding available for students; decisions by colleges and universities to outsource their physical and/or online bookstore operations or change the operation of their bookstores; implementation of our digital strategy may not result in the expected growth in our digital sales and/or profitability; risk that digital sales growth does not exceed the rate of investment spend; the performance of our online, digital and other initiatives, integration of and deployment of, additional products and services including new digital channels, and enhancements to higher education digital products, and the inability to achieve the expected cost savings; the risk of price reduction or change in format of course materials by publishers, which could negatively impact revenues and margin; the general economic environment and consumer spending patterns; decreased consumer demand for our products, low growth or declining sales; the strategic objectives, successful integration, anticipated synergies, and/or other expected potential benefits of various acquisitions may not be fully realized or may take longer than expected; the integration of the operations of various acquisitions into our own may also increase the risk of our internal controls being found ineffective; changes to purchase or rental terms, payment terms, return policies, the discount or margin on products or other terms with our suppliers; our ability to successfully implement our strategic initiatives including our ability to identify, compete for and execute upon additional acquisitions and strategic investments; risks associated with operation or performance of MBS Textbook Exchange, LLC’s point-of-sales systems that are sold to college bookstore customers; technological changes; risks associated with counterfeit and piracy of digital and print materials; our international operations could result in additional risks; our ability to attract and retain employees; risks associated with data privacy, information security and intellectual property; trends and challenges to our business and in the locations in which we have stores; non-renewal of managed bookstore, physical and/or online store contracts and higher-than-anticipated store closings; disruptions to our information technology systems, infrastructure and data due to computer malware, viruses, hacking and phishing attacks, resulting in harm to our business and results of operations; disruption of or interference with third party web service providers and our own proprietary technology; work stoppages or increases in labor costs; possible increases in shipping rates or interruptions in shipping service; product shortages, including decreases in the used textbook inventory supply associated with the implementation of publishers’ digital offerings and direct to student textbook consignment rental programs, as well as the risks associated with the impacts that public health crises may have on the ability of our suppliers to manufacture or source products, particularly from outside of the United States; changes in domestic and international laws or regulations, including U.S. tax reform, changes in tax rates, laws and regulations, as well as related guidance; enactment of laws or changes in enforcement practices which may restrict or prohibit our use of texts, emails, interest based online advertising, recurring billing or similar marketing and sales activities; the amount of our indebtedness and ability to comply with covenants applicable to any future debt financing; our ability to satisfy future capital and liquidity requirements; our ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; adverse results from litigation, governmental investigations, tax-related proceedings, or audits; changes in accounting standards; and the other risks and uncertainties detailed in the section titled “Risk Factors” in Part I – Item 1A in our Annual Report on Form 10-K for the year ended April 30, 2022. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described as anticipated, believed, estimated, expected, intended or planned. Subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements in this paragraph. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release.

Contacts

Media Contact:
Carolyn J. Brown

Senior Vice President, Chief Communications Officer

Barnes & Noble Education, Inc.

(908) 991-2967

cbrown@bned.com

Investor Contact:
Hunter Blankenbaker

Vice President, Investor Relations

Barnes & Noble Education, Inc.

(908) 991-2776

hblankenbaker@bned.com

Categories
Art & Life Business Education

Wiley schedules third quarter 2023 earnings release and conference call

HOBOKEN, N.J. — (BUSINESS WIRE) — Wiley (NYSE: WLY), one of the world’s largest publishers and a global leader in scientific research and career-connected education, will release its third quarter 2023 results prior to market open on Thursday, March 9, 2023. The Company has scheduled a conference call beginning at 10 am ET that day to discuss the results.

 

  • The live audio webcast and presentation slides will be available at https://events.q4inc.com/attendee/486910551, or on Wiley’s Investor Relations website at investors.wiley.com. An archive of the webcast, presentation, and transcript will be available for a period of one year.
  • US and Canada callers, please dial (888) 210-3346 and enter the participant code 2521217#. Or International callers, please dial (646) 960-0253 and enter the participant code 2521217#.

 

About Wiley

Wiley is one of the world’s largest publishers and a global leader in scientific research and career-connected education. Founded in 1807, Wiley enables discovery, powers education, and shapes workforces. Through its industry-leading content, digital platforms, and knowledge networks, the company delivers on its timeless mission to unlock human potential. Visit us at Wiley.com. Follow us on Facebook, Twitter, LinkedIn and Instagram.

Contacts

Investors:
Brian Campbell

(201) 748-6874

brian.campbell@wiley.com

Categories
Digital - AI & Apps Education Lifestyle Technology

Bowker announces partnership with Bookshop.org to promote Book2Look view-inside widget

Publishers invited to submit titles for inclusion in pilot program

CHATHAM, N.J. — (BUSINESS WIRE) — As noted in recent press coverage, Bowker and Bookshop.org have launched a joint pilot program to make the Book2Look view-inside widget available to publishers free of charge.

 

“As the exclusive Book2Look distributor for the United States, we are pleased and excited to invite publishers to participate in the program,” said Bowker General Manager Beat Barblan.

 

“We encourage publishers to act now and take advantage of this unique limited-time opportunity.”

 

Bookshop.org, an online shopping platform that supports independent booksellers, is adopting the Book2Look view-inside widget (aka “Biblet,”) for all of its titles. Biblets will give Bookshop.org customers the option of previewing a few pages of a book while browsing, increasing the likelihood of purchase. Market research (Nielsen) shows that the option to look inside a book before purchase is among the top deciding factors after author, topic/genre, and price.

 

As stated by Andy Hunter, Bookshop.org CEO, “Bookshop.org is pleased to offer our customers an opportunity to browse books before buying them, using Book2Look’s elegant, embeddable preview technology.”

 

With Book2Look, publishers can share book excerpts, videos, audio clips, and reviews, enabling readers to more fully experience the book before purchase. An analytics component provides a dashboard for tracking Biblet performance including such key metrics as page views, click-throughs, and time spent in Biblets.

 

Designed to improve book discovery and sales, the Book2Look view-inside widget is a dynamic and effective way to present books to potential customers online. According to Book2Look managing director Ralph Möllers, a well-known digital publishing figure in the book industry, more than 4,000 publishers and self-publishers are currently using the technology.

 

To have their titles featured on Bookshop.org, publishers need only provide book content, cover image, and title data (the Biblet will only use whatever the publisher decides to give readers to preview). Publishers can request a free publisher account from Bowker by clicking here: http://bit.ly/3YJLY7t.

 

ABOUT BOWKER

Bowker provides products and services that make books easier to discover, evaluate, and experience – connecting publishers, authors, and booksellers with readers. From essential identifiers like ISBNs and barcodes…to editing and copyright protection assistance…to marketing and publicity tools, Bowker offers a wide range of resources to help authors publish and promote their titles.

 

ABOUT BOOKSHOP.ORG

Bookshop.org works to connect readers with independent booksellers all over the world. With a commitment to helping independent bookstores thrive, the Bookshop.org platform provides tools to help them compete online, and financial support to help them maintain their presence in local communities. Every purchase on the site financially supports independent bookstores.

 

ABOUT BOOK2LOOK

Ralph Möllers founded Book2Look as a digital book marketing platform to promote titles for his publishing company. He later partnered with Hitesh Jain, the owner of WITS Interactive, to develop Book2Look into a marketing tool that other publishers could use to promote their own titles.

Contacts

Andrew Kovacs

akovacs@bowker.com