Bookseller to grow online textbook rentals

Jan. 12, 2010 at 2:19 PM
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NEW YORK, Jan. 12 (UPI) -- U.S. bookseller Barnes & Noble said Tuesday it would expand its multi-channel textbook rental program that could save U.S. college students a bundle on books.

The rentals can be managed through college campus bookstores or "from the comfort of their dorm or home by logging into their campus bookstore's e-commerce site," the company said in statement.

The retailer's text book division Barnes & Nobel College said it was accelerating the program that began with a test on three campuses in the fall semester. It has since expanded to 25 colleges. At this point, the firm said it would "dedicate significant resources to expanding its rental program," although it did not specify how fast the program would expand.

Max Roberts, president of Barnes & Nobel College Booksellers said online rentals had "a tremendous response from students and faculty."

The firm estimated renting textbooks cuts the cost of school books in half, if compared to buying a new textbook.

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