Books-A-Million

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Books-A-Million (Nasdaq: BAMM) is the third-largest book retailer in the United States. The corporate office is located at 402 Industrial Lane in Birmingham's Oxmoor Industrial Park. It was founded in 1917 as a street corner newsstand in Florence, Alabama. It is a publicly-traded company headed by President and CEO Sandra Cohcran. Former CEO Clyde Anderson is Executive Chairman of the Board. Richard Wallington is Chief Financial Officer, set to be replaced by Douglas Markham after his July 5, 2006 retirement.

In addition to its flagship superstores, Books-A-Million operates shopping mall book and greeting card stores under the name Bookland. Most of its stores feature a Joe Muggs coffee bar, also the name used for the company's free-standing newsstand operations. 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, used on its Brookwood Village store to signal a more sophisticated and comprehensive flagship store, has been retired.

As of 2005 the company has 205 stores in 19 states and the District of Columbia, with about 4,900 employees. It's 2005 sales totaled $503,751,000.00

The company has budgeted $22 million for construction and renovation of stores in 2007.

Greater Birmingham locations

Bookland

Books-A-Milion

Booksmart

Joe Muggs

References

  • Milazzo, Don. (June 9, 2000). "Old Navy sailing to Wildwood North location." Birmingham Business Journal.
  • "Joe Muggs opens fourth, fifth newsstands." (August 7, 2001). Birmingham Business Journal.
  • "Books-A-Million joins shops in Alabaster." (January 5, 2005). The Birmingham News.
  • "5 Points' Joe Muggs to close." (March 29, 2005). The Birmingham News.
  • "Bookstore leaving Eastwood." (February 22, 2006). The Birmingham News.
  • Wilkinson, Kaija (June 23, 2006) "Books-A-Million takes steps to grow top line." Birmingham Business Journal.
  • "Bookland store at the Galleria closes." (c. January 2007). The Hoover Gazette.

External links