Jump to content

Nebraska Book Company

From Wikipedia, the free encyclopedia
Nebraska Book Company
IndustryCourse material and retail software management
Founded1915; 109 years ago (1915)
FounderE.H. Long
Headquarters
Lincoln, Nebraska
,
U.S.
Key people
Gary Shapiro CEO
Websitenebook.com

Nebraska Book Company, is a wholly owned subsidiary of Nebraska Book Holdings, Inc. (NBH), which also includes PrismRBS, Campus Store Design, and Campus Advisory Services.[1] NBC was Founded in 1915 with a single college store near the University of Nebraska campus by E.H. "Red" Long, and it is still headquartered in Lincoln, Nebraska.[2] Following World War II, when the supply of new textbooks could not meet the demand created by returning ex-GI students, NBC began buying books back from students at the end of the term and reselling them as used, helping to develop a used textbook industry. NBC provides wholesale textbook distribution, retail technology and consulting services to approximately 2,500 bookstores.[3]

In 2010 the company rebranded its retail operations as Neebo. Neebo.com was the company's online portal, offering college textbooks, textbook rentals, e-textbooks, and college-branded merchandise.[4] The company emerged from bankruptcy in 2012.[5][6] Follett acquired Neebo in 2015.[7] Nebraska Book Company retained its wholesale textbook distribution and technology businesses. In 2018, Nebraska Book Company and Follett formed a strategic partnership for course material sourcing and distribution.[8]

NBC and the Collegiate Retail Alliance (owner of Ratex Business Solutions) merged their technology businesses in 2018. The merger introduced PrismRBS (Prism Retail Business Solutions), a technology and software provider for campus-wide retail services. [9]

Also in 2018, NBC launched Campus Advisory Services (CAS). CAS is a consulting service which provides college retailers with recommendations to optimize their business. [10]

Campus Store Design (previously College Store Design) provides architectural and design consulting services.

In 2020 NBC invested in the launch of ilumIA, a cloud-based software that uses data aggregation and reporting for higher education institutions and bookstores. [11]

In May, 2022, NBC sold off Prism/RBS, which is now a part of the Harris Operating Group of Constellation Software Inc. [12]

On February 28 2023, Nebraska Book Company announced that it would be going out of business due to struggles related to the pandemic. [13]

References

[edit]
  1. ^ "Concise Capital Now Primary Owner of Nebraska Book Holdings, Inc". Bloomberg.com. 2020-09-09. Retrieved 2021-01-06.
  2. ^ "Our History". Nebraska Book Company. Retrieved 8 May 2015.
  3. ^ "Nebraska Book Company - Company Information". Hoovers. Retrieved December 25, 2014.
  4. ^ Dover, Haley (September 2, 2010). "Nebraska Bookstore gets new name, Neebo". Daily Nebraskan. Retrieved December 25, 2014.
  5. ^ "A new chapter for Nebraska Book Company". Omaha World Herald. Retrieved 7 April 2014.
  6. ^ "Nebraska Book Company Emerges From Bankruptcy". WOWR NBC Omaha. Retrieved 7 April 2014.
  7. ^ Star, RICHARD PIERSOL / Lincoln Journal (11 June 2015). "60 Lincoln jobs to be lost as Nebraska Book Co. sells retail division". JournalStar.com. Retrieved 2016-08-02.
  8. ^ "Nebraska Book Company and Follett Higher Education Group Form Strategic Sourcing Partnership". NBC. 2018-08-16. Retrieved 2020-05-21.
  9. ^ "NBC and RBS Announce PrismRBS -". 2018-05-01. Retrieved 2021-01-06.
  10. ^ "NBC Introduces New Executives". www.businesswire.com. 2018-05-11. Retrieved 2021-01-20.
  11. ^ "ilumia Next Generation of Inclusive Access". us11.campaign-archive.com. Retrieved 2021-01-20.
  12. ^ "News".
  13. ^ "Nebraska Book Co. In Lincoln shutting down; 114 to lose jobs". 27 February 2023.