Publisher, superstore chain resolve book dispute

[August 20, 2013]  NEW YORK (AP) -- A monthslong dispute that had led to widespread reports superstore chain Barnes & Noble was cutting back on orders and promotion for publisher Simon & Schuster's books has been resolved.

Barnes & Noble and Simon & Schuster had differed over undisclosed financial terms. They've issued a statement saying all "outstanding business issues" have been settled. Monday's statement provides no details about the resolution.

Barnes & Noble Inc. has faced strong competition from Amazon.com in recent years and has struggled.

Simon & Schuster publishes such top sellers as Stephen King and Bob Woodward, although the fallout with Barnes & Noble was believed to have primarily affected lesser-known authors.

[Associated Press]

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