#166: James Daunt, managing director, Waterstones, CEO, Barnes & Noble
Simon and Rachel speak to James Daunt, who runs both Barnes & Noble, the world’s largest retail bookseller, and Waterstones, the largest retail bookseller in the United Kingdom. James currently oversees approximately 600 Barnes & Noble shops in the United States and 293 Waterstones locations across the UK, Ireland, the Netherlands and Belgium. After an early career as an investment banker, James opened his own bookstore, Daunt Books, in London in 1990. In 2011 James was appointed managing director of Waterstones when the struggling bookseller was bought by a Russian businessman, Alexander Mamut; Waterstones was subsequently restored to profitability. In 2019 he additionally became chief executive of Barnes & Noble. We spoke to James about setting up his own independent bookstore in the 1990s, being brought in to save Waterstones two decades later, and subsequently taking on the top role at Barnes & Noble.