This brief clip explains their plan is to stem losses, not close-up shop for good, that's the story for now. Indies may not all be cheering, but big e-tailers scooping up more of the e-reader and e-book market are. It's a hot market, and something B & N has hoped will help their overall business, if they can grow it.
This struggle in the e-market has changed traditional publishing. I've read dozens of industry articles about big publishers who have launched or are buying up e-book and self-publishing platforms. The times, they are a-changing, fast.