The hedge fund that bought the beleaguered Barnes & Noble last week also owns Waterstones, the UK’s leading bookstore chain, which had been suffering from similar troubles. So the new owners are sending over to B&N the man who led Waterstones back to profitability, James Daunt. Can he revive the U.S. chain? “I have done it before,” he says, “the scale is a lot bigger, but so are the resources available.” – Publishers Weekly