Barnes & Noble Education and The Princeton Review Announce Strategic Partnership to Drive Student Success Nationwide
01 December 2017 - 12:30AM
Business Wire
Barnes & Noble Education, Inc. (NYSE:BNED)
(the “Company” or “BNED”), a leading provider of educational
products and services solutions for higher education and K-12
institutions, today announced it has entered into a strategic
partnership with The Princeton Review, connecting two of the
nation’s most trusted names in education.
The agreement will allow Barnes & Noble Education to further
expand its end-to-end offerings and fulfill the full breadth of
student education needs by offering The Princeton Review’s products
and services to its network of more than six million students and
through its more than 780 physical bookstores throughout the United
States.
“With our campus bookstores and digital solutions, Barnes &
Noble Education has laid the foundation to build a holistic
ecosystem of services that supports students throughout their
academic journey,” said Kanuj Malhotra, Chief Operating Officer,
BNED Digital Education. “Our acquisition of Student Brands was a
pivotal addition to that ecosystem, and now, through our
partnership with The Princeton Review, we are further expanding our
direct-to-student offerings to include access to a trusted provider
of quality educational services.”
The Princeton Review helps college- and graduate school-bound
students achieve their education and career goals through online
and in-person programs, online resources, and print and digital
books. Its on-demand tutoring platform (Tutor.com) is the largest
online tutoring service with more than 15 million tutoring sessions
conducted to date.
“For over 35 years, The Princeton Review has provided students
with the tools they need for success in high school, college, and
graduate school,” said Andy Feld, CEO of The Princeton Review. “We
are thrilled to partner with Barnes & Noble Education to expand
our reach by bringing the millions of students they serve access to
our products and services. Together, we will help even more
students achieve their goals in the classroom and beyond.”
“We are excited to partner with The Princeton Review to help
drive student success – the central mission of both of our
companies,” said Malhotra. “As our partnership grows, we look
forward to offering even more services that support the student
journey, and empower the millions of students we serve to
accomplish their academic and career goals.”
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. Barnes & Noble
Education operates 1,495 physical and virtual bookstores serving
more than 6 million students and their faculty, and offers a suite
of digital software, content and services including
direct-to-student study tools. The Company also operates MBS
Textbook Exchange, 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 The Princeton Review
The Princeton Review is a leading tutoring, test prep and
college admission services company. Every year, it helps millions
of college- and graduate school-bound students achieve their
education and career goals through online and in-person courses
delivered by a network of more than 4,000 teachers and tutors,
online resources, and its more than 150 print and digital books
published by Penguin Random House. Its Tutor.com brand is the
largest online tutoring service with a community of more than 3,000
expert tutors and 15 million one-to-one tutoring sessions
completed. The Princeton Review is headquartered in New York, NY.
The Princeton Review is not affiliated with Princeton University.
For more information, visit www.princetonreview.com. Follow the
company on Twitter @ThePrincetonRev.
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version on businesswire.com: http://www.businesswire.com/news/home/20171130005327/en/
Barnes & Noble Education, Inc.Carolyn J. Brown,
908-991-2967Vice PresidentCorporate
Communicationscbrown@bned.com
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