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[[File:Books-A-Million logo.png|right|250px]]
[[File:Books-A-Million logo.png|right|250px]]
'''Books-A-Million''' (Nasdaq: BAMM) is the second-largest book retailer in the United States. The corporate office is located at 402 [[Industrial Lane]] in [[Birmingham]]'s [[Oxmoor Industrial Park]]. In addition to its flagship superstores, the company has also operated smaller stores under the '''Bookland''' and '''Joe Muggs''' names. In [[2021]] the company launched a "2nd & Charles" division which buys and sells used books, toys, games and music alongside new merchandise.
'''Books-A-Million''' is a major privately-owned book retailer headquartered at 402 [[Industrial Lane]] in [[Birmingham]]'s [[Oxmoor Industrial Park]]. [[Terrance Finley]] is the company's chief executive officer.


== Brands and structure ==
The company was founded by 13-year-old Clyde Anderson in [[1917]] as a street corner news stand in Florence, Lauderdale County. He started out selling books, newspapers and fireworks out of a shed pieced together from old piano crates in order to support his siblings after the death of their father.
[[Image:Bam_logo.gif|right|thumb|263px|Former Books-A-Million logo]]
Books-A-Million's primary business is done through a series of Books-A-Million superstores which feature a Joe Muggs coffee bar, which is also the name used for the company's free-standing newsstand operations.  The company also operates shopping mall book and greeting card stores under the name Bookland.  In addition to its primary retail component, the corporation includes two book wholesale and distribution subsidiaries, American Wholesale Book Company and Book$mart, Inc., both located in Florence, an e-commerce division operating as '''booksamillion.com''', and acquired an internet development and services company, NetCentral, based in Nashville, in [[1999]].  The '''Books & Company''' badge, formerly used on its [[Brookwood Village]] store to signal a more sophisticated and comprehensive flagship store, has been retired.


As of 2011 the company has over 200 stores in 23 states and the District of Columbia. As of 2010, the company had about 5,500 employees.  It's 2005 sales totaled $503,751,000.00.
In the 1950s, under the guidance of Anderson's son [[Charles Anderson|Charles]], the company expanded its book store business, opening '''Bookland''' stores across the South.  Books-A-Million superstores started opening in the 1980s as Anderson pursued the concept of making a bookstore into a destination retailer. In [[1992]], he took the company public on the Nasdaq exchange.


== History ==
In [[2011]], Books-A-Million became the second-largest book retailer in the United States after Borders Group announced that it was liquidating all of its assets and going out of business. The company purchased 14 of Borders' locations in August 2011. In late [[2015]] the Anderson family resumed controlling interest in Books-A-Million, returning it to private ownership.
Books-A-Million was founded in [[1917]] as a street corner news stand in Florence, Lauderdale County by Clyde Anderson when he was 13 years old.  He started out selling books, newspapers and fireworks out of a shed pieced together from old piano crates in order to support his siblings after the death of his father.


In the 1950s, under the guidance of Anderson's son [[Charles Anderson|Charles]], the company greatly expanded its book store business, opening Bookland stores across the South. Books-A-Million superstores started opening in the 1980s as Anderson pursued the concept of making a bookstore into a destination retailer. In [[1992]], he took the company public.
Between 2005 and 2014, Books-A-Million reported net revenues of $474 million to $504 million. By 2011 the company had over 200 stores in 23 states and the District of Columbia, and employed around 5,500 people. In 2014, Books-A-Million was singled out by ''24/7 Wall Street'' as America's worst company to work for, citing low satisfaction among employees due to, "high stress and low pay...low chance of promotion, [and] hours are based on magazine and discount card sales."


In [[2011]], Books-A-Million became the second-largest book retailer in the United States after the announcement from larger rival Borders Group that it was liquidating all of its assets and going out of business.  The company purchased 14 of Borders' locations in August 2011. In late [[2015]] the Anderson family resumed controlling interest in Books-A-Million, making it a private company again.
In addition to its Bookland and Books-A-Million stores, the company has also operated news stands under the '''Joe Muggs''' name. The '''Books & Company''' badge, formerly used on its [[Brookwood Village]] store to signal a more sophisticated and comprehensive flagship store, was later retired. In [[2021]] the company launched a "2nd & Charles" division which buys and sells used books, toys, games and music alongside new merchandise. That division expanded to 41 stores in 17 states in [[2021]].
 
Books-A-Million also operates two book wholesale and distribution subsidiaries, American Wholesale Book Company and Book$mart, Inc., both located in Florence; an e-commerce division operating as '''booksamillion.com'''; and acquired an internet development and services company, NetCentral, based in Nashville, Tennessee in [[1999]].
 
The [[Yogurt Mountain]] chain of frozen yogurt shops is wholly-owned by Books-A-Million. The company also has a commercial real estate development and management division, operating as '''Preferred Growth Properties'''.


== Officers ==
== Officers ==
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* [[Terrance Finley]], 2012–
* [[Terrance Finley]], 2012–


== Greater Birmingham locations ==
==Locations==
=== Current stores ===
=== Current stores ===
* Store #108: [[Propst Promenade]], [[Alabaster]] (2005–present)
* Books-A-Million store #108: [[Propst Promenade]], [[Alabaster]] (2005–present)
* Store #181: 5287 [[U.S. Highway 280]], [[Brook Highland Plaza]], [[Birmingham]] (–present)
* Books-A-Million store #181: 5287 [[U.S. Highway 280]], [[Brook Highland Plaza]], [[Birmingham]]
* Store #394: 3429 [[Lowery Parkway]], [[Colonial Promenade Fultondale]], [[Fultondale]] (November 3, 2007–present)
* Books-A-Million store #394: 3429 [[Lowery Parkway]], [[Promenade Fultondale]], [[Fultondale]] (November 3, 2007–)
* Store #216: 1624 [[Gadsden Highway]], [[Colonial Promenade Tutwiler Farm]], [[Trussville]] (2000–present)
* Books-A-Million store #216: 1624 [[Gadsden Highway]], [[Colonial Promenade Tutwiler Farm]], [[Trussville]] (2000–)
* Store #299: 719 2nd Avenue Northwest, [[Cullman]]
* Books-A-Million store #299: 719 2nd Avenue Northwest, [[Cullman]]


=== Former stores ===
=== Former stores ===
* '''Books-A-Milion'''
** [[Eastwood Mall]], [[Birmingham]] (1989–February 25, 2006)
** Books-A-Million store #180: [[Brookwood Village]], [[Homewood]] (2006– May 2020, formerly Books & Company)
** Books-A-Million store #202: [[Hoover Commons]], [[Hoover]]
** Books-A-Million store #220: [[Homewood Commons|Wildwood North]], [[Homewood]] (c. 2001–September 2011)
* '''Bookland'''
* '''Bookland'''
** [[Brookwood Village]], [[Homewood]] (c. 1980s)
** [[Brookwood Village]], [[Homewood]] (c. 1980s)
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* '''Books & Company'''
* '''Books & Company'''
** [[Brookwood Village]], [[Homewood]] (2002–2006, rebranded as Books-A-Million)
** [[Brookwood Village]], [[Homewood]] (2002–2006, rebranded as Books-A-Million)
* '''Books-A-Milion'''
** [[Eastwood Mall]], [[Birmingham]] (1989–February 25, 2006)
** Store #180: [[Brookwood Village]], [[Homewood]] (2006– May 2020, formerly Books & Company)
** Store #202: [[Hoover Commons]], [[Hoover]] (–present)
** Store #220: [[Wildwood North]], [[Homewood]] (c. 2001–September 2011)


* '''Book$mart'''
* '''Book$mart'''
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* '''Joe Muggs'''
* '''Joe Muggs'''
** Store #197: 2037 [[Cahaba Road]], [[English Village]], [[Mountain Brook]] (1990s)
** Joe Muggs store #197: 2037 [[Cahaba Road]], [[English Village]], [[Mountain Brook]] (1990s)
** [[Five Points South]], [[Birmingham]] (–May 1, 2005)
** [[Five Points South]], [[Birmingham]] (–May 1, 2005)
** Store #219: 238 [[Summit Boulevard]], [[The Summit]], [[Birmingham]] (August 4, 2001–2007)
** Joe Muggs store #219: 238 [[Summit Boulevard]], [[The Summit]], [[Birmingham]] (August 4, 2001–2007)


==References==
==References==

Revision as of 15:46, 7 December 2021

Books-A-Million logo.png

Books-A-Million is a major privately-owned book retailer headquartered at 402 Industrial Lane in Birmingham's Oxmoor Industrial Park. Terrance Finley is the company's chief executive officer.

The company was founded by 13-year-old Clyde Anderson in 1917 as a street corner news stand in Florence, Lauderdale County. He started out selling books, newspapers and fireworks out of a shed pieced together from old piano crates in order to support his siblings after the death of their father.

In the 1950s, under the guidance of Anderson's son Charles, the company expanded its book store business, opening Bookland stores across the South. Books-A-Million superstores started opening in the 1980s as Anderson pursued the concept of making a bookstore into a destination retailer. In 1992, he took the company public on the Nasdaq exchange.

In 2011, Books-A-Million became the second-largest book retailer in the United States after Borders Group announced that it was liquidating all of its assets and going out of business. The company purchased 14 of Borders' locations in August 2011. In late 2015 the Anderson family resumed controlling interest in Books-A-Million, returning it to private ownership.

Between 2005 and 2014, Books-A-Million reported net revenues of $474 million to $504 million. By 2011 the company had over 200 stores in 23 states and the District of Columbia, and employed around 5,500 people. In 2014, Books-A-Million was singled out by 24/7 Wall Street as America's worst company to work for, citing low satisfaction among employees due to, "high stress and low pay...low chance of promotion, [and] hours are based on magazine and discount card sales."

In addition to its Bookland and Books-A-Million stores, the company has also operated news stands under the Joe Muggs name. The Books & Company badge, formerly used on its Brookwood Village store to signal a more sophisticated and comprehensive flagship store, was later retired. In 2021 the company launched a "2nd & Charles" division which buys and sells used books, toys, games and music alongside new merchandise. That division expanded to 41 stores in 17 states in 2021.

Books-A-Million also operates two book wholesale and distribution subsidiaries, American Wholesale Book Company and Book$mart, Inc., both located in Florence; an e-commerce division operating as booksamillion.com; and acquired an internet development and services company, NetCentral, based in Nashville, Tennessee in 1999.

The Yogurt Mountain chain of frozen yogurt shops is wholly-owned by Books-A-Million. The company also has a commercial real estate development and management division, operating as Preferred Growth Properties.

Officers

The company is headed by CEO Terrance Finley. Clyde B. Anderson, grandson of the founder, is executive chairman of the board. Douglas Markham became chief financial officer after Richard Wallington's retirement on July 5, 2006. Todd Noden was named president of the company in December 2019.

CEOs

Locations

Current stores

Former stores

References

External links

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